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Answer as soon as possible please; in accounting format: PART II (60%) Financial Statement Analysis provides information that indicates how a company is performing. By
Answer as soon as possible please; in accounting format:
PART II (60%) Financial Statement Analysis provides information that indicates how a company is performing. By comparing financial statements of different years, a manager can make informed decisions about investments, expenditures, and activities that impact revenues. Directions: Read the chapter in the text titled "Financial Statement Analysis." Using the comparative financial statements for Baby Cakes International Inc. (see BabyCakes Financial Project Data-xls" linked in the lesson activitiesla complete the following tasks. Note: The market price of BabyCakes Int'l, Inc. common stock was $20 on December 31, 2008. Part A Complete the 19 ratios listed below. Determine the following measures for 2008 1. Working Capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Number of times interest charges earned 11. Number of times preferred dividends earned 12. Ratio of net sales to assets 13. Rate earned on total assets 14. Rate earned on stockholders' equity
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