The Income Statement XYZ, Inc. Income Statements (in millions of 8) 2020 2021 2,311 2,872 1,344...

 

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The Income Statement XYZ, Inc. Income Statements (in millions of 8) 2020 2021 2,311 2,872 1,344 1,685 967 1,187 Depreciation 691 785 Sales Cost of Goods Sold Gross Profit Earnings Before Interest & Taxes 276 Interest Earnings Before Taxes Net Income (Profit) 402 141 120 135 282 89.1 186.1 Balance Sheet Statement XYZ, Inc. Condensed Balance Sheet (in millions of $) Current Assets 2020 2021 Cash 84 Accounts receivable Inventory Total Current Assets Long-Term Assets Net Plant and Equipment Total Assets Liabilities and Owner's equity Accounts Payable Notes Payable (<1 Year) Total Current Liabilities Long-Term Debt Total Liabilities Owner's Equity Retained Earnings Total Owner's Equity Total Liabilities and Equity 98 165 188 393 422 642 708 2.731 2,880 3,373 3,588 312 344 231 196 543 540 531 457 1,074 997 500 550 1,799 2,041 2.299 2,591 3,373 3,588 Based on the Financial Statements work as group to and compute the following ratios: > Analyzing the Debt Management Ratios 2. Long term debt to equity 3. Debt to equity 4. Debt to capital 5. Financial Leverage Analyzing the Profitability Ratios 1. Net Profit Margin 2. Gross profit 3. Operating profit margin > Analyzing the liquidity 1. Current Ratio 2. Quick ratio 3. Cash ratio Debt-to-Asset Ratio.1 The Income Statement XYZ, Inc. Income Statements (in millions of 8) 2020 2021 2,311 2,872 1,344 1,685 967 1,187 Depreciation 691 785 Sales Cost of Goods Sold Gross Profit Earnings Before Interest & Taxes 276 Interest Earnings Before Taxes Net Income (Profit) 402 141 120 135 282 89.1 186.1 Balance Sheet Statement XYZ, Inc. Condensed Balance Sheet (in millions of $) Current Assets 2020 2021 Cash 84 Accounts receivable Inventory Total Current Assets Long-Term Assets Net Plant and Equipment Total Assets Liabilities and Owner's equity Accounts Payable Notes Payable (<1 Year) Total Current Liabilities Long-Term Debt Total Liabilities Owner's Equity Retained Earnings Total Owner's Equity Total Liabilities and Equity 98 165 188 393 422 642 708 2.731 2,880 3,373 3,588 312 344 231 196 543 540 531 457 1,074 997 500 550 1,799 2,041 2.299 2,591 3,373 3,588 Based on the Financial Statements work as group to and compute the following ratios: > Analyzing the Debt Management Ratios 2. Long term debt to equity 3. Debt to equity 4. Debt to capital 5. Financial Leverage Analyzing the Profitability Ratios 1. Net Profit Margin 2. Gross profit 3. Operating profit margin > Analyzing the liquidity 1. Current Ratio 2. Quick ratio 3. Cash ratio Debt-to-Asset Ratio.1

Answer rating: 100% (QA)

Lets calculate the ratios based on the financial statements provided Debt Management Ratios 1 DebttoAsset Ratio 2020 and 2021 2020 Total Liabilities T... View the full answer