3 Homework Summer 1 2020 core: 0 of 5 pts 50 of 50 (49 completo) 3-23 (similar to) - ross-sectional ratio analysis Use the financial statements for Fox Mandatung Company for the year ended December 31, 2015, along with the industry average rates to a. Prepare and interpreta complete ratio analysis of the firm's 2015 operations Summarize your findings and make recommendations 1 Data Table a. The current ratio is (Round to two decimal places) (Click on the icon located on the top right comer of the datatables bow in order to copy content to a spreadsheet) Data Table Fox Manufacturing Company Income Statement for the Year Ended December 31, 2015 Sales revenue $507.000 Cick on the con located on the top right comer of the datatable below in order to copy its Less Cost of goods sold 450,000 Contents to a spreadsheet) Gross profits $141,000 Less Operating expenses Ratio Industry average 2015 General and administrative expenses $29,500 Current ratio 240 Depreciation expense 30,200 Dackrabio 0.95 Total operating expense 50,700 Invertory barnever 4 mes Operating profits $81 300 Average collection period 157 days Less Interest expense 10.500 Total asset tumover Net profits before tres $70.800 Debratio 023 Less Taxes 27.000 Times interesteamed Net profits after taxes (earnings valable Gross profit margin 0 204 for common stockholders) $43 900 Operating profit margin 0.147 Net profit margin Earnings per shave (EPS) $219 0.095 Return on totales (ROA) 0.101 Fox Manufacturing Company Balance Sheet Reun on cormoneguty (ROC) 0163 December 31, 2015 Esmings per share (EPS) $323 Assets "Based on a 316day year and on end of year figures Cash 512800 Marketable secure 7.400 Accounts receivable 33.500 Pent Done 81900 12.1 20 orang o Print Done 02.19 Fox Manufacturing Company Balance Sheet December 31, 2015 Assets Cash $14,600 Marketable securities 7,400 Accounts receivable 33,500 Inventories 81,900 Total current assets $137,400 Net fixed assets 265,000 Total assets $402,400 Liabilities and Stockholders' Equity Accounts payable $56,500 Notes payable 13,300 Accruals 4,700 Total current liabilities $74,500 Long-term debt $145,100 Common stock equity (20,000 shares outstanding) $109,600 Retained earnings 73,200 Total stockholders' equity $182,800 Total liabilities and stockholders' equity $402,400 Print Check Done 2 3 Homework Summer 1 2020 core: 0 of 5 pts 50 of 50 (49 completo) 3-23 (similar to) - ross-sectional ratio analysis Use the financial statements for Fox Mandatung Company for the year ended December 31, 2015, along with the industry average rates to a. Prepare and interpreta complete ratio analysis of the firm's 2015 operations Summarize your findings and make recommendations 1 Data Table a. The current ratio is (Round to two decimal places) (Click on the icon located on the top right comer of the datatables bow in order to copy content to a spreadsheet) Data Table Fox Manufacturing Company Income Statement for the Year Ended December 31, 2015 Sales revenue $507.000 Cick on the con located on the top right comer of the datatable below in order to copy its Less Cost of goods sold 450,000 Contents to a spreadsheet) Gross profits $141,000 Less Operating expenses Ratio Industry average 2015 General and administrative expenses $29,500 Current ratio 240 Depreciation expense 30,200 Dackrabio 0.95 Total operating expense 50,700 Invertory barnever 4 mes Operating profits $81 300 Average collection period 157 days Less Interest expense 10.500 Total asset tumover Net profits before tres $70.800 Debratio 023 Less Taxes 27.000 Times interesteamed Net profits after taxes (earnings valable Gross profit margin 0 204 for common stockholders) $43 900 Operating profit margin 0.147 Net profit margin Earnings per shave (EPS) $219 0.095 Return on totales (ROA) 0.101 Fox Manufacturing Company Balance Sheet Reun on cormoneguty (ROC) 0163 December 31, 2015 Esmings per share (EPS) $323 Assets "Based on a 316day year and on end of year figures Cash 512800 Marketable secure 7.400 Accounts receivable 33.500 Pent Done 81900 12.1 20 orang o Print Done 02.19 Fox Manufacturing Company Balance Sheet December 31, 2015 Assets Cash $14,600 Marketable securities 7,400 Accounts receivable 33,500 Inventories 81,900 Total current assets $137,400 Net fixed assets 265,000 Total assets $402,400 Liabilities and Stockholders' Equity Accounts payable $56,500 Notes payable 13,300 Accruals 4,700 Total current liabilities $74,500 Long-term debt $145,100 Common stock equity (20,000 shares outstanding) $109,600 Retained earnings 73,200 Total stockholders' equity $182,800 Total liabilities and stockholders' equity $402,400 Print Check Done 2