Question
By using the market averages please calculate below ratios and more importantly make relevant comments (analysis) for Good Foods, Inc. for the year 2019 by
By using the market averages please calculate below ratios and more importantly make relevant comments (analysis) for Good Foods, Inc. for the year 2019 by comparing the market average.
- Vertical analysis
- Working capital
- Current ratio
- Quick ratio
- Accounts receivable turnover
- Number of days sales in receivables
- Inventory turnover
- Number of days sales in inventory
- The ratio of fixed assets to long term liabilities
- The ratio of liabilities to stockholders equity
Good Foods, Inc. Income Statement 2019 (in 000 USD) | |
Description | Value |
Gross Sales | 9.800 |
Discounts | -1.400 |
Net Sales | 8.400 |
COGS | -7.900 |
Gross Profit | 500 |
Operational Expenses | -850 |
Selling & Marketing Expenses | -390 |
G&A Expenses | -275 |
R&D Expenses | -185 |
Operational Income/Loss | -350 |
Good Foods, Inc. Balance Sheet 2019 & 2018 (in 000 USD) | ||
Description | 2019 | 2018 |
Current Assets | 1.220 | 1.270 |
Cash | 20 | 60 |
Banks | 30 | 90 |
Accounts Receivable | 480 | 340 |
Inventory | 690 | 780 |
Property, Plant & Equipment | 1.430 | 1.185 |
Land | 150 | 150 |
Buildings | 290 | 290 |
Machinery | 1.100 | 840 |
Accum.Depreciation | -110 | -95 |
TOTAL ASSETS | 2.650 | 2.455 |
Current Liabilities | 2.020 | 1.070 |
Accounts Payable | 1.980 | 1.050 |
Taxes Payable | 40 | 20 |
Lon-Term Liabilities | 400 | 865 |
Bank Credits | 400 | 865 |
TOTAL LIABILITIES | 2.420 | 1.935 |
Stockholders Equity | 230 | 520 |
Common Stock | 580 | 400 |
Retained Earnings | -350 | 120 |
TOTAL LIAB. & STOCKHOLDERS EQUITY | 2.650 | 2.455 |
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