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2014 2013 Current assets $114,200 $110,400 Current liabilities 41,600 56,000 Total liabilities 180,800 184,000 Total assets 504,000 520,000 Net sales 541,600 560,000 Net credit
2014 2013 Current assets $114,200 $110,400 Current liabilities 41,600 56,000 Total liabilities 180,800 184,000 Total assets 504,000 520,000 Net sales 541,600 560,000 Net credit sales 532,000 544,000 Cost of goods sold 299,200 288,000 Inventory 52,000 48,800 Receivables (net) 30,400 27,200 Dividends 8,800 11,200 Capital expenditures 15,200 20,800 Net income 51,200 40,000 Net cash provided by operating activities 32,800 38,400 Calculate the following ratios for Carla Vista Videos for 2014. (Round Free cash flow to O decimal place, e.g. 12. Other all answers to 2 decimal places, e.g. 12.21.) 1. Average collection period 20.49 days 2. Current ratio 2.75 :1 3. Debt to assets ratio 36 % 4. Return on assets 10.16 % 5. Profit margin 9.45 % 6. Asset turnover 106 times 7. Inventory turnover 5.94 times 8. Free cash flow 17600
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