Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.) What is your own opinion on the companys financial condition. Would you invest in, loan money to or work in this company? Use at

1.) What is your own opinion on the companys financial condition. Would you invest in, loan money to or work in this company? Use at least 3-4 ratios to support your opinion and 3 -4 reasons.

2.) For the price/earning ratio, you need the closing stock price on January 31st, 2014 (This was a Friday and the last day the stock was traded for the year being reported.... closing stock price was 76.68

Open: 78.28 High: 78.75 Low: 76.63 Close: 76.68 Adj. Close:

68.36

image text in transcribed

For the fiscal year ended January 29, 2017 RATIO FORMULA WORK ANSWER Current Ratio 17724 14133 1.25 Current Lia bilities Debt to Asset 36482 39638 0.92 Assets Net Profit Margin Net Profits 0.13 13% 4595 Asset Turnover 4595 2469 2.22 Average Total Assest Return on Equity 1.83 Net l Stockholders E 4333 Inventory Turnover Ending Inventory) x365 t of Goods S 12549 x 365 62282 73.5 5.11 Average Days to Sell Inventory 12179 Average l Gross Profit Margin 34.15% Net Sales 4595 Return on Assets 18.70% Net l Total Assest 2469 Earnings Per Share itt After Ta 4.48 No. of Shares 1776 the stock for Jan 29,2017 Accounts Receivable Turnover 1.03 Net Credit Sales Average Accounts Recievable 1959 Average Days to CollectA/R

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions