4-4 Data for Unilate Textiles' xx09 and xx08 financial statements are given in below: xx09 Amount $1,500.00 -1 230,00 $270.00 -90 $180.00 xx08 Amount $1,435.00 - 1.176.70 $258.30 -85 173.3 -50 40 Net sales Variable operating costs (82% of sales) Gross profit Fixed operating costs except depreciation Eamings before interest, taxes, depreciation, and amortization (EBITDA Depreciation Net Operating income (NOI) = Eamings before interest and taxes (EBIT) Interest Earnings before taxes (EBT) Taxes (40%) Net income Preferred dividends Earnings available to common stockholders (EAC) Common dividends Addition to retained eamings $130.00 40 $90.00 -36 $54.00 133.3 -35 98.3 -39.3 $59.00 0 $54.00 -29 $25.00 0 59 -27 32 Per share data (25,000,000 shares): Eamings per share = (Net income)Shares Dividends per share = (Common dividendsyShares $2.16 $1.16 $2.36 $1.08 xx09 Amount xx08 Amount $15.00 180 270 $465.00 380 $845.00 $40.00 160 200 $400.00 350 $750.00 Assets Cash and equivalents Accounts receivables Inventory Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities (debt) Common stock (25,000,000 shares) Retained earnings Total common equity Total liabilities and equity Book value per share = (Common equityShares Market value per share (stock price) $30.00 60 40 $130.00 300 $430.00 130 285 $415.00 $845.00 $15.00 55 35 $105.00 255 $360.00 130 260 390 $750.00 $16.60 $23.00 $15.60 $25.00 a. Compute the xx09 values of the following: Unilate Ratio Current ratio Days sales outstanding Inventory turnover Fixed assets turnover Debt ratio Net profit margin Return on assets XX09 Values Industry 3.9x 33.5 days 7.2x 4.1x 43.0% 4.6% 9.9% b. Briefly comment on Unilates 2009 financial position. Can you see any obvious strengths or weaknesses? c. What other information would be useful for projecting whether Unilate's financial position is expected to improve or deteriorate in the future