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Based on your calculation, what can you say about the company's liquidity position? Based on the ratios, how long does it take Tiger Inc to

Based on your calculation, what can you say about the company's liquidity position?

Based on the ratios, how long does it take Tiger Inc to turn sales into cash

Using Tigers data and its industry averages, how well run would you say Tiger appears to be in comparison with other firms in its industry? What are its primary strengths and weaknesses? Be specific in your answer, and point to various ratios that support your position.

Tiger Inc: December 31 Balance Sheets (Thousands of Dollars) Tiger Inc December 31 Income Statements (Thousands of Dollars)
Assets 2019 2019
Cash and cash equivalents $20,000 Sales $425,000
Accounts Receivable 52,500 COGS 327,000
Inventories 87,750 Depreciation and Amortization 17,480
Total current assets $160,250 EBIT $80,520
Net fixed assets 218,500 Interest Expense 5,740
Total assets $378,750 EBT $74,780
Liabilities and equity Taxes (40%) 29,912
Accounts payable & accruals $66,000 Net Income $44,868
Line of credit 0 Common Dividends $18,125
Total current liabilities $66,000 Addition to Retained Earnings $26,743
Long-term debt 67,500
Total liabilities $133,500
Common stock 183,175
Retained Earnings 62,075
Total common equity $245,250
Total liabilities and equity $378,750
Other Data
2019
Exp. Sales growth rate 11.00%
Interest rate on LT debt 7.00%
Interest rate on LOC 5.00%
Dividend growth rate 9.00%
Tax rate 40%

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