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all pictures same question Use the below Financials for ABC Construction Ltd to calculate the required ratios: 2020 2019 2018 ABC CONSTRUCTION LTD CONSOLIDATED STATEMENTS
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Use the below Financials for ABC Construction Ltd to calculate the required ratios: 2020 2019 2018 ABC CONSTRUCTION LTD CONSOLIDATED STATEMENTS OF OPERATIONS Net revenues 4,005,933 4,042,314 3,901,848 1,706,527 0 0 1,762.448 0 110,000 110,000 1,603,659 0 110,000 397,988 0 32,685 344,510 Costs and expenses Cost of good sold Royalties Product development Advertising Amortization of intangibles Program production cost amortization Selling, distribution and administration Depreciation 351,681 0 0 31,396 25,188 701,038 768,039 616,491 397,901 336.837 410,618 Total expenses 2,887,263 3,023,564 2,760,823 Operating profit 1,014,585 1,018,750 1,245, 110 Non-operating (income) expense Interest expense S93,367 $67,351 $110.439 -37.485 Interest income -42.009 12,306 -51,899 -6,802 6,768 Other (income) expense, net $63.664 $36,634 $51,738 Total non-operating expense, net 950.921 982, 116 1,193,372 Earnings before income taxes Income taxes 217,760 241,600 286,409 Net earnings S733 161 $740,516 $906,963 Per common share outstanding 144.722 135,015 105.359 $5.07 $5.48 Net earnings Per Share Basic $8.61 $5.01 $5.29 $7.55 Diluted $3.35 $2.6 $6.26 Cash dividends declared $0.76 $0.82 $1.29 ABC CONSTRUCTION LTD BALANCE SHEET PERIOD ENDING DEC 25TH 2020 (Thousands of Dollars Except Share Data) 2020 2019 2018 $857 333 $914,274 $1,206,970 ASSETS Current assets Cash and cash equivalents Accounts receivable, less allowance for doubtful accounts of 988,600 866,154 464,538 441,097 $92.928 in 2020 $85, 749 in 2019 and $35,304 in 2018 Inventories Prepaid expenses and other current assets Total current assets Property, plant and equipment, net 422,513 311,757 418,914 344,256 324,807 $2,580,203 $2,546,332 $2.434,678 $307,655 $384.957 $389,880 Other assets Goodwill Other Total other assets Tolal assets 336,370 877,847 1,521,872 405,007 335,960 673,679 987,146 1.463.643 1.712.986 $4,009,975 $4,147,664 $4, 102,075 LIABILITIES AND SHAREHOLDERS EQUITY $422,513 $400.997 S580,672 Current liabilities Short-term borrowings Accounts payable 451,228 270,736 $1,144,477 497,719 493,226 272,678 290,336 $1,166,901 $1,368,727 Notes Payable Total current liabilities Long-term debt Other liabilities Total liabilities $1,144,478 385,595 $2674,550 $818,034 $1,231,856 352,877 335.960 S2,337,812 $2,936,543 Shareholders' equity Preference stock of $2.50 par value. Authorized 5,000,000 shares none issued 659,932 615,668 480,437 Common stock of $4.56 par value. Authorized and 2020 300.000 share issued $4.56 par value. Authorized and 2020 300,000 shares issued 144,722 shares in 2020 - 1,071.580 -248,839 -87,026 Additional paid-in capital Retained earnings Accumulated other comprehensive (loss) earnings 2,124,024 1.500.852 871,049 -284,850 -195,517 -53,338 Total shareholders equity 1.427,525 1.672, 163 1,211,121 $4,102,075 $4,009.975 4,147,664 Total liabilities and shareholders equity 1. CALCULATE THE FOLLOWING RATIOS YEARS 2020 AND 2019. BE SURE TO SET YOUR BAIIPLUS TO TWO DECIMAL POINTS: NOTE-ONLY ENTER NUMERIC ANSWERS. FOR EXAMPLE IF THE INDUSTRY RATIO IS IN PERCENTAGE ENTER YOUR ANSWER AS PERCENTAGE. IF THE INDUSTRY RATIO IS IN TIMES(X) ENTER YOUR ANSWER AS WHOLE NUMBER AND SAME FOR DAYS. Industry Standard 2020 Number Number 2019 Number 8.15% 40.5% Number 7.55% Number Number 18.1% Number Number Number Number 70.9 Days 43 Days 5.6 X Number Number Number Number 6.2 X Number Number Ratios Profit on Sales Gross Margin Retum on Assets Return on Investment A/R Days of Sales Outstanding A/P Days Outstanding Inventory Turnover Sales to Fixed Asset Ratio Sales to Net Worth Ratio Current Ratio Acid Test Ratio Debt to Net Worth Current Liabilities to Net Worth Fixed Assets to Net Worth Longterm Liabilities to Net Worth Sales to Working Captial Fixed Assets to L/T Liabilities 2.25 X Number Number 2.51 X Number Number 1.37 X Number Number 116% Number Number 51% Number Number 22% Number Number 113% Number Number 2.08 X Number Number 15.5% Number Number Step by Step Solution
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