2-3 paragraphs each question. only answer C6-2, 3 & 4
Bluffton Pharmacy-Part 1 What Can Tho New Pharmacy Owner Learn about their business from Its Financial Statements? 51932 513719 It has been a lide more than two years since Angela Crawford and Mutia Rodrigues purchased the Bloon Pharmacy from Prank White, the previous owner and founder, who had started the pharmacy in 1969. The two had spent many long hours in the store and had learned many valeable leccabiness owners that they had not had the opportunity to learn employees of lange chain pharmacies where they had previously worked Crawford and Rodrigues just received an e-mail from their Recountant that contained the balance sheet and the income Matement for Bluthoa Pharmacy for the fiscal year that had coded. The two fancial statements appear below. Blufton Pharmacy Balance Sheet, December 31, 20XX Assets CURENT Assets Cash $74,473 Accounts receivable $112,730 Inventory $234,870 Supplies 591.377 Otherwels S10202 Total current AS FOXED ASSETS Auto e SILIS Equipement, net 535.706 Purniture and fixtures, 31633 Teul de $85TR Teal 352916 fiton meg Income Statement December 31, 200x Precio Ale Tol COST OF Gocos Sous Beginning $16575 are 51.90E Goods available for 1 .875 - Ending intor, 1291 Cost of pode Gross profit OPERATING EXISTS Uoties 510. Rent 133945 Ace 59 INGE 99.556 Depreciation $5.023 Sales and boots 31.154 Computer and e-commerce SIL Repairs and m e Travel 93 Professional fees 5 Supplies Total operating expenses O EXPENSES Interest pense Macesus pense Total other expenses Talespeses Net Latit CUT LABUTIE Accounts payable Noles payable Line of credit payable Total current litics 52002 $71.136 5127523 LORS-TERM LABI Nere pasable SUN changed since their first full of per hy wat calculate 12 sata . They also w ar Bluften Pharmacy rates 13 those of the tay in the The table basse cca of the 12 from last year and the oua for mapaces SU $25 126 Tolong term lub Owar buit Chond Retail Total Recast 300 CASIO Ratio comparison Bluthon Current Year ind East Yes Mato LOUDNY RATON Current ratio Quick malo LIVERAGE Ranos Debt ratio Debt to net worth ratio Tove interest e d ratio OPERATING RATION Average inventory cortic Average collection period Average payable period ratio Neules total 1394 RORTABILITY RATOS Nel poft on sales ratio Net profit to assets ratio Net profit to quity ratio Mar 6-2. How do the so called for to those for the party t hat can etee how our ratios compare to last year's number Sald Angela I hope that we're headed in the right direction" Martin There only one way to find out." Aid Angels with slight hint of tensions bero C6 How do the tes you call for to those of the typical por any reas that could use the the future Expla 4. Develop a set of spel problem Questions C6-F. Calculate the 12 rates for the Batton Pharmacy for This year, ons for tie Como LOR 11.7ines Quiche LIVE Renos Dekem Det er Time med OTO Rinos Average le v erde verge collection periode pepe periode et les to do RORTABUTY RATION profiteemale radio profit to nato profit to apuity radio A 14. mpare to last year's numbers." in the right direction," said ind out." said Angels with : C6-2. How do the ratios you calculated for this year compare to those for the pharmacy last year? What factors we most likely to account for those changes? C6-3. How do the nation you calculated for this year copert to those of the typical company is the industry? Do you spot any areas that could cause the cocpany problems in the future? Explain 06-4. Develop a set of specific recon d itions for impro ing the financial performance of Reffon Pharmacy ing the analysis you coacti in questions 103 he Bluffon Pharmacy for Bluffton Pharmacy-Part 1 What Can Tho New Pharmacy Owner Learn about their business from Its Financial Statements? 51932 513719 It has been a lide more than two years since Angela Crawford and Mutia Rodrigues purchased the Bloon Pharmacy from Prank White, the previous owner and founder, who had started the pharmacy in 1969. The two had spent many long hours in the store and had learned many valeable leccabiness owners that they had not had the opportunity to learn employees of lange chain pharmacies where they had previously worked Crawford and Rodrigues just received an e-mail from their Recountant that contained the balance sheet and the income Matement for Bluthoa Pharmacy for the fiscal year that had coded. The two fancial statements appear below. Blufton Pharmacy Balance Sheet, December 31, 20XX Assets CURENT Assets Cash $74,473 Accounts receivable $112,730 Inventory $234,870 Supplies 591.377 Otherwels S10202 Total current AS FOXED ASSETS Auto e SILIS Equipement, net 535.706 Purniture and fixtures, 31633 Teul de $85TR Teal 352916 fiton meg Income Statement December 31, 200x Precio Ale Tol COST OF Gocos Sous Beginning $16575 are 51.90E Goods available for 1 .875 - Ending intor, 1291 Cost of pode Gross profit OPERATING EXISTS Uoties 510. Rent 133945 Ace 59 INGE 99.556 Depreciation $5.023 Sales and boots 31.154 Computer and e-commerce SIL Repairs and m e Travel 93 Professional fees 5 Supplies Total operating expenses O EXPENSES Interest pense Macesus pense Total other expenses Talespeses Net Latit CUT LABUTIE Accounts payable Noles payable Line of credit payable Total current litics 52002 $71.136 5127523 LORS-TERM LABI Nere pasable SUN changed since their first full of per hy wat calculate 12 sata . They also w ar Bluften Pharmacy rates 13 those of the tay in the The table basse cca of the 12 from last year and the oua for mapaces SU $25 126 Tolong term lub Owar buit Chond Retail Total Recast 300 CASIO Ratio comparison Bluthon Current Year ind East Yes Mato LOUDNY RATON Current ratio Quick malo LIVERAGE Ranos Debt ratio Debt to net worth ratio Tove interest e d ratio OPERATING RATION Average inventory cortic Average collection period Average payable period ratio Neules total 1394 RORTABILITY RATOS Nel poft on sales ratio Net profit to assets ratio Net profit to quity ratio Mar 6-2. How do the so called for to those for the party t hat can etee how our ratios compare to last year's number Sald Angela I hope that we're headed in the right direction" Martin There only one way to find out." Aid Angels with slight hint of tensions bero C6 How do the tes you call for to those of the typical por any reas that could use the the future Expla 4. Develop a set of spel problem Questions C6-F. Calculate the 12 rates for the Batton Pharmacy for This year, ons for tie Como LOR 11.7ines Quiche LIVE Renos Dekem Det er Time med OTO Rinos Average le v erde verge collection periode pepe periode et les to do RORTABUTY RATION profiteemale radio profit to nato profit to apuity radio A 14. mpare to last year's numbers." in the right direction," said ind out." said Angels with : C6-2. How do the ratios you calculated for this year compare to those for the pharmacy last year? What factors we most likely to account for those changes? C6-3. How do the nation you calculated for this year copert to those of the typical company is the industry? Do you spot any areas that could cause the cocpany problems in the future? Explain 06-4. Develop a set of specific recon d itions for impro ing the financial performance of Reffon Pharmacy ing the analysis you coacti in questions 103 he Bluffon Pharmacy for
