Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a. Fill in the 20x3 column in the table that follows. US REPUBLIC CORPORATION INDUSTRY RATIO 20X1 20X2 20X3 NORMS 1. Current ratio 250 %

a. Fill in the 20x3 column in the table that follows. US REPUBLIC CORPORATION INDUSTRY RATIO 20X1 20X2 20X3 NORMS 1. Current ratio 250 % 200 % 225 % 2. Acid-test ratio 100 % 90 % 110 % 3. Receivable turnover 5.0x 4.5 % 6.0x 4. Inventory turnover 4.0x 3.0x 4.0x 5. Long-term debt/ total capitalization 35 % 40 % 33 % 6. Gross profit margin 39 % 41 % 40 % 7. Net profit margin 17 % 15 % 15 % 8. Return on equity 15 % 20 % 20 % 9. Return on investment 15 % 12 % 12 % 10. Total asset turnover 0.9x 0.8x 1.OX 11. Interest coverage ratio 5.5x 4.5 % 5.0x Required: Fill in the ratios for 2003. Remember to completely Analyze the firm with trend analysis and Industry Analysis. Have a in Depth Review.

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

Personal Finance

Authors: Vickie L Bajtelsmit

1st Edition

0470905158, 9780470905159

More Books

Students also viewed these Finance questions