Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Below is a table of financial metrics from Fin-alysis Corp., which is listed in millions. Use it to perform a Dupont System analysis for 31-Dec-2020.

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Below is a table of financial metrics from Fin-alysis Corp., which is listed in millions. Use it to perform a Dupont System analysis for 31-Dec-2020. Assume that total shareholders' equity on 31-Dec-2018 was 194 million. What is the tax burden ratio? 31-Dec-2020 31-Dec-2019 Revenue 1,200.0 1,120.0 Cost of Goods Sold 695.0 655.0 Selling. General, & Administrative 325.0 300.0 Interest Expense 70.0 67.0 Taxes 27.5 24,5 Net Income 82.5 73.5 Cash 150.0 120.0 Total Current Assets 550.0 500.0 Total Assets 1.950.0 1.852.5 Total Current Labilities 255.0 240.0 Total Liabilities 1,600.0 1,585.0 Shareholders' Equity 350.0 267.5 Depreciation & Amortization 65.0 60.0 Gross Investment in Fixed Assets 275.0 260.0 Increase in L-T Debt 15.0 10.0 a. 0.75 b. 0.85 c. 0.95 d. 1.05 Below is a table of financial metrics from Fin-alysis Corp., which is listed in millions. Use it to perform a Dupont System analysis for 31-Dec-2020. Assume that total shareholders' equity on 31-Dec-2018 was 194 million. What is the interest burden ratio? 31-Dec-2020 31-Dec-2019 Revenue 1,200.0 1,120.0 Cost of Goods Sold 695.0 655.0 Selling, General, & Administrative 325.0 300.0 Interest Expense 70.0 67.0 Taxes 27.5 24.5 Net Income 82.5 73.5 Cash 150.0 120.0 Total Current Assets 550,0 500.0 Total Assets 1.950.0 1.852.5 Total Current Labilities 255.0 240.0 Total Liabilities 1,600.0 1,585.0 Shareholders' Equity 350.0 267.5 Depreciation & Amortization 65.0 60.0 Gross Investment in Fixed Assets 275.0 260.0 Increase in L-T Debt 15.0 10.0 a. 0.611 b. 0.678 c. 0.749 d. 0.874

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

Towards A Socioanalysis Of Money Finance And Capitalism Beneath The Surface Of The Financial Industry

Authors: Susan Long , Burkard Sievers

1st Edition

041571060X,1136666672

More Books

Students also viewed these Finance questions