Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3 part question. Thank you 4.32 Ratio analysis: Refer to the information above for Nederland Consumer Products Company. Compute the firm's ratios for the following

image text in transcribed

image text in transcribed

image text in transcribed

3 part question. Thank you

4.32 Ratio analysis: Refer to the information above for Nederland Consumer Products Company. Compute the firm's ratios for the following categories and briefly evaluate the company's performance from these numbers. a. b. Efficiency ratios Asset turnover ratios Leverage ratios Coverage ratios Nederland Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2014 $51,407 $25 076 $26.331 $15.746 $758 Net sales Cost of products sold Gross margin Marketing, research, Depreciation Operating income (loss) Interest expense Other nonoperating income Earnings (loss) before income Income taxes Net earnings doss) $9.827 $629 $152 $9 350 $2 869 $6 481 Nederland Consumer Product Company Balance Sheet as of September 30, 2014 Assets Cash and cash equivalents Investment securities Accounts receivable Inventory Deferred income taxes Prepaid expenses and other Total current assets Property, plant, and equipment, Less: Accumulated depreciation Net property, plant, and Net goodwill and other intangible Other noncurrent assets $5,469 423 4,062 4,400 958 1,803 $17,115 25,304 11.196 $14, 108 23,900 1.925 Liabilities and Equity Accounts payable Accrued and other liabilities Taxes payable Debt due within one year Total current liabilities Long-term debt Deferred income taxes Other noncurrent liabilities Total liabilities Convertible class A preferred Common stock Retained earnings Total shareholders' equity Total liabilites and $3,617 7,689 2,554 8,287 $22,147 12,554 2,261 2.808 $39,770 1,526 2.141 13,611 $17,278 $57 048 Total assets $57.048

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

Recommended Textbook for

An Introduction To Socio-Finance

Authors: Jørgen Vitting Andersen, Andrzej Nowak

2013th Edition

3642419437, 978-3642419430

More Books

Students also viewed these Finance questions

Question

How is Mr. Bonner encouraging Marcuss self-efficacy?

Answered: 1 week ago

Question

Can workers be trained in ethics? How? Defend your answer.

Answered: 1 week ago