Finding the total Ratios for 2020 as well as for the Cash Flows #2 Ratios for 2020
Fantastic news! We've Found the answer you've been seeking!
Question:
Finding the total Ratios for 2020 as well as for the Cash Flows
Transcribed Image Text:
#2 Ratios for 2020 #1 ncome Statement* 2019 2020 Balance Sheet" 2019 2020 Sources Uses Ratio Equity Corp Industry Median Sales $4,128 $4,498 Cash $306 $285 U $21 Current ratio 1.82 Cost of Goods Sold $2,769 $2,987 Accts. Receivable $565 $646 U ($81) Quick ratio 1.16 Gross Profit $1,359 $1,511 Inventory $865 $832 U $33 Days Sales Receivables 39.3 Selling and Admin. $654 $735 Total Current Assets $1,736 $1,763 U ($27) Inventory Turnover 3.44 Depreciation Expense $307 $336 Net Plant & Equip. $1,391 $1,655 U ($264) Times Interest Earned 5.8 EBIT $398 $440 Total Assets $3,127 $3,418 U ($291) Fixed Asset Turnover 2.92 nterest Expense $83 $106 $0 Total Asset Turnover 1.52 Taxable Income $315 $334 Accts. Payable $535 $582 S $47 Long-term debt ratio 33.7% Taxes Net Income Ovidends $86 $93 Notes Payable $431 $605 S $174 Equity Multiplier 1.87 $229 $241 Total Current Liab. $966 $1,187 S $221 Profit Margin 6.2% $103 $109 Long-term Debt $955 $885 U -$70 Return on Assets 9.4% Add. to RE $126 $132 Total Liabilities $1,921 $2,072 S $151 Return on Equity 17.6% C/S & Paid in Surplus $155 $162 S $7 in millions of US$ Retained Earnings $1,051 $1,184 S $133 #3 Cash Flows Calculations Stockholders' Equity $1,206 $1,346 S $140 Operating Cash Flow Total Liab. & Stock Eq. $3,127 $3,418 S $291 Net Capital Spending Change in NWC Cash flow from Assets Interest Paid Net New Borrowing Cash flows to Creditors Dividends Paid Net New Equity Raised Cash flows to Stockholders #2 Ratios for 2020 #1 ncome Statement* 2019 2020 Balance Sheet" 2019 2020 Sources Uses Ratio Equity Corp Industry Median Sales $4,128 $4,498 Cash $306 $285 U $21 Current ratio 1.82 Cost of Goods Sold $2,769 $2,987 Accts. Receivable $565 $646 U ($81) Quick ratio 1.16 Gross Profit $1,359 $1,511 Inventory $865 $832 U $33 Days Sales Receivables 39.3 Selling and Admin. $654 $735 Total Current Assets $1,736 $1,763 U ($27) Inventory Turnover 3.44 Depreciation Expense $307 $336 Net Plant & Equip. $1,391 $1,655 U ($264) Times Interest Earned 5.8 EBIT $398 $440 Total Assets $3,127 $3,418 U ($291) Fixed Asset Turnover 2.92 nterest Expense $83 $106 $0 Total Asset Turnover 1.52 Taxable Income $315 $334 Accts. Payable $535 $582 S $47 Long-term debt ratio 33.7% Taxes Net Income Ovidends $86 $93 Notes Payable $431 $605 S $174 Equity Multiplier 1.87 $229 $241 Total Current Liab. $966 $1,187 S $221 Profit Margin 6.2% $103 $109 Long-term Debt $955 $885 U -$70 Return on Assets 9.4% Add. to RE $126 $132 Total Liabilities $1,921 $2,072 S $151 Return on Equity 17.6% C/S & Paid in Surplus $155 $162 S $7 in millions of US$ Retained Earnings $1,051 $1,184 S $133 #3 Cash Flows Calculations Stockholders' Equity $1,206 $1,346 S $140 Operating Cash Flow Total Liab. & Stock Eq. $3,127 $3,418 S $291 Net Capital Spending Change in NWC Cash flow from Assets Interest Paid Net New Borrowing Cash flows to Creditors Dividends Paid Net New Equity Raised Cash flows to Stockholders
Expert Answer:
Answer rating: 100% (QA)
To find the total ratios for 2020 and the cash flows we can use the provided financial data Here are ... View the full answer
Related Book For
Financial Accounting IFRS
ISBN: 978-1118285909
2nd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
Students also viewed these finance questions
-
ENME 3735 Mechanism Design Spring 2024 Gear Design Project A reverted compound gear train is required to have a train value of 40.19 +/-.01 using standard, full depth spur gears. The minimum of...
-
Define organisational development, highlighting at least three key features of the definition?
-
2 Suppose f(x)=x + 4x + 6 and g(x) = 6x - 6. (fog)(x) = (fog)(-3)=
-
What are the main advantages and disadvantages of using 360 degree appraisal?
-
A car is behind a truck going 18 m / s on the highway. The car's driver looks for an opportunity to pass, guessing that his car can accelerate 0.60 m/s2 at and that he has to cover the 20-m length of...
-
Rank in order, from largest to smallest, the electric field strengths E 1 to E 5 at the five points in FIGURE Q23.11. Explain. 5. 2 3 FIGURE Q23.11 1 1 1 + + + + + + + + + +
-
General ledger accounts cannot be deleted unless the account balance is zero. (True/False)
-
Linda Lechner has just been severely chastised for her inventory policy. Sue Surrowski, her boss, believes that the service level should be either 95% or 98%. Compute the safety stock levels for a...
-
Perform the following subtractions and round the answer to the same number of decimal places as the number with the least number of decimal places. a. 445.857-7.94 = 437.92 b 595 837-605- - 535 337
-
Alpha Company has the following information for March: cost of direct materials used in production, $21,000; direct labor, $54,250; factory overhead, $35,000; work in process inventory, March 1,...
-
In the modern e-commerce world, discuss what you consider to be the most compelling electronic communication device given what is currently available. What do you think is the most effective way to...
-
2. Consider a microcanonical system with given number of particles N, inter- nal energy U, and volume V. We divide this system into two subsystems with fixed number of particles N; and volume V for i...
-
Food rots about 30 times more rapidly at 25 C than when it isstored at 4 C. Determine the overall activation energy for theprocesses responsible for its decomposition.
-
What kinds of diversity of peoples and cultures that came together in colonial America and the "hybridities" produced? What are one of the three major colonizing powers used to this fuse of peoples...
-
What Native American Tribes were present in Colonial America (13 original Colonies) during the Colonial America time period? How were they organized? Did they have governments?
-
Pretend you are getting a master's degree be a school counselor. Complete the following directions accordingly. Your work must be ORIGINAL. Peer-reviewed article must be REAL. For this Assignment,...
-
A fuel pump sends gasoline from a car's fuel tank to the engine at a rate of 5.88 10-2 kg/s. The density of the gasoline is 735 kg/m3, and the radius of the fuel line is 3.18 10-3 m. What is the...
-
In its proposed 2014 income statement, Grinders Corporation reports income before income taxes $500,000, income taxes $175,000 (not including irregular items), loss on operation of discontinued music...
-
Condensed statement of financial position and income statement data for Clarence Corporation appear below. Clarence Corporation Statements of Financial Position December 31 Clarence Corporation...
-
Violet Bick Corporation owns a number of cruise ships and a chain of hotels. The hotels, which have not been profitable, were discontinued on September 1, 2014. The 2014 operating results for the...
-
Finch & Co. is a six-partner firm of chartered accountants, with an office in the small town of Bulhampton. Since the firm was founded in 1950, it has provided audit, tax and accountancy services to...
-
Name the various components of a measurement system.
-
Kemico Ltd manufactures a variety of chemicals which it supplies in bulk to industrial customers. Its factory at Gritborough employs 50 people, and its annual turnover in 1995 was 7.5M. During 1995,...
Innovation And Health Theory Methodology And Applications 1st Edition - ISBN: 0857932209 - Free Book
Study smarter with the SolutionInn App