Question: Vivavision Inc. calculated the ratios shown below for 2014 and 2013: Required 1. Identify whether the change in the ratios from 2013 to 2014 is

Vivavision Inc. calculated the ratios shown below for 2014 and 2013:

Required
1. Identify whether the change in the ratios from 2013 to 2014 is favourable (€˜F€™) or unfavorable (€˜U€™).
2. Assess whether the 2014 ratios are favourable or unfavorable in comparison to the industry averages shown in Exhibit18.11.

Change For U Comparlson to Industry Average 2014 2013 0.97:1 0.84:1 18 31 16 35 Days' sales uncollected. Days' sales in inventory. Debt ratio... 49 3.2 37 1.8 47 6.3 67 17 16 *F Favourable; UUnfavourable

Step by Step Solution

★★★★★

3.38 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

2014 2013 Trend Comparison to Industry Average Current ratio 1081 0971 F U Acidtest ratio 0991 084... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

384-B-A-F-S (4066).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Espial Group Inc. calculated the ratios shown below for 2014 and 2013: Required 1. Identify whether the change in the ratios from 2013 to 2014 is favourable (F) or unfavorable (U). 2. Assess whether...

For each ratio listed, identify whether the change in ratio value from 2008 to 2009 is usually regarded as favorable orunfavorable. Rate 2009 2008 Radle 2009 2008 l. Profit margln 2. Debt ratio 3....

For each ratio listed, identify whether the change in ratio value from 2010 to 2011 is usually regarded as favorable orunfavorable. Ratio 2011 2010 Ratio 2011 2010 l. Profit margin 2. Debt ratio 3....

Web Structure Inc. calculated the ratios shown below for 2020 and 2019: Required 1. Identify whether the change in the ratios from 2019 to 2020 is favourable (F) or unfavourable (U). 2. Assess...

Problem 1 7 - 8 A Evaluating ratios LO 4 Web Structure Inc. calculated the ratios shown below for 2 0 2 3 and 2 0 2 2 : Required: & 2 . Identify whether the change in the ratios from 2 0 2 2 to 2 0 2...

Web Structure Inc. calculated the ratios shown below for 2 0 2 3 and 2 0 2 2 : Required: & 2 . Identify whether the change in the ratios from 2 0 2 2 to 2 0 2 3 is favourable ( ' F ' ) or...

Silver Bullet Slide Company calculated the ratios shown below for 2020 and 2019: Required 1. Identify whether the change in the ratios from 2019 to 2020 is favourable (F) or unfavourable (U). 2....

Web Structure Inc. calculated the ratios shown below for 2017 and 2016: Required: 1. & 2. Identify whether the change in the ratios from 2016 to 2017 is favourable (F) or unfavourable (U) and assess...

Web Structure Inc. calculated the ratios shown below for 2020 and 2019: Required: 1. & 2. Identify whether the change in the ratios from 2019 to 2020 is favourable (F) or unfavourable (U) and assess...

How many years are required for $660 to grow to $1,254 at 18 simple interest Determine the formula and values that should be used to solve this problem if r represents the annual interest rate in...

Find the present value of $500 due in five years under each of the following conditions: a. 12 percent simple rate, compounded annually b. 12 percent simple rate, compounded semiannually c. 12...

Question 1 . 3 You're a die - hard music and sports fan with a dream of attending concerts of your favorite artists every year and watching the Super Bowl live when you retire. To make this dream a...

5 How do we know about the work of Shen Kuo?

Bloomberg News Service reported that Rhodia, SA, Frances largest specialty chemicals company, announced plans to sell 450 million Euros in shares, in addition to a 600 million euro bond issue, to...

When Walt Disney Co. declared a 4:1 split of its common stock, the announcement boosted the entertainment companys share up by $3.50 per share. Required (a) What is 4:1 stock split, and how did it...

During the 2008-2009 financial crisis, stock prices fluctuated wildly. The S&P 500 Index was 1,549.38 in October 2007, then dropped all the way to 735.09 in February 2009, and then rebounded to...

Bidder Ltd, a U.S.-based corporation, wants to purchase Tara Corp. Bidders management believes that the country in which Tara is located is segmented from global capital markets. Assumptions: The...

Consider two local banks. Bank A has 93 loans outstanding, each for $1.0 million, that it expects will be repaid today. Each loan has a 5% probability of default, in which case the bank is not repaid...

q , marketing involves using GPS or RFID technology to create a virtual geographic boundary, enabling software to trigger a response when a mobile device enters or leaves a particular area. A ....