Assess the company's operating effectiveness by comparing the activity ratios for Cineplex for 2016 and 2015. (Note: Use media and other revenues for the accounts receivable turnover ratio; use cost of food services as cast of goods sold.) i. ii. Based on those ratios, do you think Cineplex is operating more effectively in 2016? Support your conclusion. What other information would you like to have to assess its management of receivables, inventory, and payables? Ratio 2016 Accounts receivable turnover 2.88 times Average collection period 126.7 days Inventory turnover 4.67 times Days to sell inventory 78.2 days Accounts payable turnover 2.34 times Accounts payable payment period 156.0 days 2015 1.99 times 183.4 days 4.60 times 79.3 days 2.24 times 163.0 days LINK TO TEXT Assess the financial riskiness of the company by calculating and comparing the following ratios. Based on those ratios, do you think the financial risk on the company has decreased in 2016? Support your conclusion. 2016 i. Current ratio 0.45 ii. Quick ratio 0.37 iii. Debt to equity 0.50 iv. Interest coverage 12.4 times 2015 0.44 0.37 0.39 12.6 times LINK TO TEXT Comment on the company's profitability by determining the following ratios: Ratio i. Profit margin ii. Return on equity ii. Return on assets 2016 5.3% 10.2% 4.5% 2015 9.8% 17.4% 7.9% LINK TO TEXT Question Attempts: 0 of 3 used