Calculate the following Ratios for Carnival Corporation (note 1) for 2020:
Part 1:
- Current Ratio
- Accounts Receivable Turnover
- Average Collection Period
- Debts to Assets
- Times Interest Earned
- Gross Profit Rate
- Profit margin
- Return on Assets
Part 2:
Based on your analysis in part 1 and any other relevant factors, would you want to:
- lend money to this company
- become a shareholder in this company
Acrobat Reader File Edit View Sign Window * 0) 18% O Sat Mar 27 3:44 PM Q Help 2020 Annual Report Home Tools 2020 Annual Report X Sign In H 10 / 80 68.4% ... Screenshots Macintosh HD CARNIVAL CORPORATION & PLC CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (in millions) Search 'Measure a Export PDF CoMaS Adobe Export PDF ... Convert PDF Files to Word or Excel Online LA Rajvi Rana EDCI Select PDF File Carnival ...AL)-VD.PDF Convert to DOCX Additional Total Commen Ordinary paid.in Retained Treasury shareholders' stock shares capital carnings AOCI stock equity At November 30, 2017 ...... $ 7 $ 358 $ 8,690 $ 23,292 $ (1,782) $ (6,349) $ 24,216 Net income (loss) ........ 3,152 3,152 Other comprehensive income (loss) .... (167) (167) Cash dividends declared (1,378) (1,378) Purchases of treasury stock under the Repurchase Program and other ... 66 (1,446) (1,380) At November 30, 2018 .... 7 358 8,756 25,066 (1,949) (7,795) 24.443 Change in accounting (24) (24) principle (a) ............ Net income (loss)...... 2,990 2.990 Other comprehensive income (loss) ........... (117) (117) Cash dividends declared (1,379) (1,379) Purchases of treasury stock under the Repurchase Program and other ..... 51 (599) (548) At November 30, 2019 ...... 7 358 8,807 26,653 (2,066) (8,394) 25,365 Net income (loss)........ (10,236) (10,236) Other comprehensive income (loss) ......... 630 630 Cash dividends declared (342) (342) Issuance of common stock ............... 2 3,247 3,249 Issuance and repurchase of Convertible Notes (net settled through a registered direct offering) .......... 2 1,798 1,799 Purchases of treasury stock under the Repurchase Program and other ........ 2 97 (10) 89 At November 30, 2020 ..... 11 $ 361 $ 13,948 s 16,075 $ (1,436) $ (8,404) $ 20.555 Microsoft Word (.docx) V Documents Document Language: English (U.S.) Change Images Convert PDF Documents The accompanying notes are an integral part of these consolidated financial statements. (a) We adopted the provisions of Revenue from Contracts with Customers and Derivatives and Hedging on December 1, 2018. Convert, edit and e-sign PDF forms & agreements XLSX Free 7-Day Trial Spreadsheets MAR 27 A' ? W P & Home Tools 2020 Annual Report * Sign In 6 / 80 68.4% Search 'Signature Export PDF CARNIVAL CORPORATION & PLC CONSOLIDATED STATEMENTS OF INCOME (LOSS) (in millions, except per share data) Years Ended November 30, 2020 2019 2018 Adobe Export PDF Convert PDF Files to Word or Excel Online Revenues Passenger ticket Onboard and other $ $ $ 3,684 1,910 5,595 14,104 6,721 20,825 13,930 4,950 18,881 Select PDF File Carnival ...AL)-VD.PDF 1,139 605 Operating costs and Expenses Commissions, transportation and other Onboard and other Payroll and related Fuel Food Ship and other impaiments Other operating Convert to 2,720 2,101 2,249 1,562 1,083 26 3,167 12,909 2,480 2,160 1,780 823 413 1,967 1,518 8,245 1,878 2,241 2.096 14,460 (8,865) 2,590 638 2,190 1,619 1,066 16 2,971 11,089 2,450 2,017 Microsoft Word (*.docx) Selling and administrative Depreciation and amortization Goodwill impairments Document Language: English (U.S.) Change 17,549 3.276 15,556 3,325 Operating Income (Loss) Nonoperating Income (Expense) Interest income Interest expense, net of capitalized interest Gains on fuel derivatives, net Other income (expense), net 18 (895) 23 (206) Convert (511) (1,388) (10,253) 17 (10,236) 1999 (32) (215) 3,060 (71) 2.990 14 (194) 59 3 (118) 3,207 (54) 3,152 $ $ $ Income (Loss) Before Income Taxes Income Tax Benefit (Expense), Net Net Income (Loss) Earnings Per Share Basic Diluted $ $ (13.20 (13.20 $ $ 4.34 4.32 $ $ 4.45 4.44 Convert, edit and e-sign PDF forms & agreements The accompanying notes are an integral part of these consolidated financial statements. Free 7-Day Trial ? W P 0 24% Sat Mar 27 12:34 PM 2020 Annual Report Home Tools 2020 Annual Report X Sign In 7 / 80 68.4% Search 'Signature > Export PDF Adobe Export PDF Convert PDF Files to Word or Excel Online Select PDF File Carnival ...AL)-VD.PDF CARNIVAL CORPORATION & PLC CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in millions) Convert to Microsoft Word (.docx) V Years Ended November 30, 2020 2019 2018 (10,236) S 2,990 $ 3,152 $ Document Language: English (U.S.) Change Net Income (Loss) Items Included in Other Comprehensive Income (Loss) Change in foreign currency translation adjustment Other Other Comprehensive Income (Loss) Total Comprehensive Income (Loss) 578 51 630 (9,606) (86) (31) (117) 2.873 (199) 32 (167 s $ 2.986 The accompanying notes are an integral part of these consolidated financial statements. Convert o he Convert, edit and e-sign PDF forms & agreements Free 7-Day Trial A ? g W P P92 PO Acrobat Reader File Edit View Sign View Sign Window ) 22%O Sat Mar 27 12:41 PM a Help 2020 Annual Report pcrative student - Goocx | + Home Tools 2020 Annual Report X Sign In Update : B 8 / 80 68.4% ... eenshots Macintosh HD Study Pack Search 'Signature CARNIVAL CORPORATION & PLC CONSOLIDATED BALANCE SHEETS in millions, except par values) Export PDF Comas November 30, 2020 2019 een Shot D3...6.00 PM Adobe Export PDF s $ Convert PDF Files to Word or Excel Online ASSETS Current Assets Cash and cash equivalents ..... Trade and other receivables, net Inventories .............. Prepaid expenses and other Total current assets Property and Equipment, Net Operating Lease Right-of-Use Assets (a) Goodwill ... Other Intangibles Other Assets 518 444 427 671 2,059 38,131 Rajvi Rana EDCI 9,513 273 335 443 10,563 38,073 1,370 807 1,186 1,594 53,593 Select PDF File een Shot 03...4.11 PM Carnival ...AL)-VD.PDF X 2,912 1.174 783 45.058 Convert to $ DOCX S Microsoft Word (.docx) V Documents een Shot 3...3.29 PM s $ 231 1,596 Document Language: English (U.S.) Change 3,084 1,742 151 624 1,144 1,940 8.686 22,130 1,273 949 756 1.809 4,735 9,127 9,675 Images reen Shot 03...2.58 PM 890 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Short-term borrowings Current portion of long-term debt. Current portion of operating lease liabilities (a) Accounts payable ........... Accrued liabilities and other Customer deposits ........ Total current liabilities Long-Term Debt.................. Long-Term Operating Lease Liabilities (a) Other Long-Term Liabilities Commitments and Contingencies Shareholders' Equity Common stock of Camival Corporation, $0.01 par value; 1,960 shares authorized: 1.060 shares at 2020 and 657 shares at 2019 issued ..... Ordinary shares of Camival pl, $1.66 par value; 217 shares at 2020 and 2019 issued...... Additional paid-in capital Retained earnings ................. Accumulated other comprehensive income (loss) ("AOCI") Treasury stock, 130 shares at 2020 and 2019 of Camival Corporation and 60 shares at 2020 and 2019 of Camival plc, at cost Total shareholders' equity Convert 11 7 edit and e-sign PDF is & agreements PDF Documents 361 13,948 16,075 (1,436) 358 8,807 26,653 (2,066) een Shot 03...2.41 PM ee 7-Day Trial (8,404) 20,555 53,593 (8,394) 25,365 45.058 Convert, edit and e-sign PDF forms & agreements S $ XLSX Free 7-Day Trial Continue Spreadsheets (a) We adopted the provisions of Leases on December 1, 2019. The accompanying notes are an integral part of these consolidated financial statements. . een Shot 53...8.46 PM MAR 27 A ? W P Acrobat Reader File ) 22%O Sat Mar 27 12:41 PM a Edit View Sign Window Help 2020 Annual Report pcrative student - Goocx | + Home Tools 2020 Annual Report X Sign In Update : 9 / 80 TO 68.4% ... eenshots Macintosh HD Study Pack Search 'Signature CARNIVAL CORPORATION & PLC CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) Export PDF Comas Years Ended November 30, een Shot 03... 1.36 PM 2020 2019 2018 $ (10,236) 2.990 S 3.152 Adobe Export PDF in OPERATING ACTIVITIES Net income (loss) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities Depreciation and amortization Impairments ............. Gains on fuel derivatives, net Loss on repurchases of Convertible Notes Share-based compensation ........... Noncash lease expense...... (Gain) loss on ship sales and other, net 2.241 4,063 2,160 26 2.017 16 (59) Convert PDF Files to Word or Excel Online Rajvi Rana EDCI 46 65 een Shot 23... 6.00 PM Select PDF File 464 105 172 78 (3,114) 43 5.265 (6) 5.186 Carnival ...AL)-VD.PDF X Convert to DOCX 125 77 (209) (165) (311) (114) 79 (254) 34 80 387 5,475 (58) (67) 74 (24) (100) 539 5.549 Microsoft Word (.docx) V Documents (2.703) een Shot 03...4.11 PM (6,301 (5,429) 26 Document Language: English (U.S.) Change Changes in operating assets and liabilities Receivables............ Inventories ........... Prepaid expenses and other ... Accounts payable Accrued liabilities and other Customer deposits ........ Net cash provided by (used in) operating activities INVESTING ACTIVITIES Purchases of property and equipment Proceeds from sales of ships ....... Purchase of minority interest ...... Derivative settlements and other, net Net cash provided by (used in) investing activities FINANCING ACTIVITIES Proceeds from (repayments of) short-term borrowings, net Principal repayments of long-term debt Proceeds from issuance of long-term debt Dividends paid ............. Purchases of treasury stock Issuance of common stock, net Other, net ............... Net cash provided by (used in) financing activities ............... Effect of exchange rate changes on cash, cash equivalents and restricted cash Net increase (decrease) in cash, cash equivalents and restricted cash Cash, cash equivalents and restricted cash at beginning of year .... Cash, cash equivalents and restricted cash at end of year ...... (3,620) 334 (81) 127 (3.240) (3.749) 389 (135) (19) (3.514) 126 (5,277) Images een Shot p3...3.29 PM Convert 2,852 (1,621) 15,020 (689) (12) 3,249 (150) 18,650 53 9,161 530 9,692 S (605) (1,651) 3,674 (1,387) (603) 4 ( (86) (655) (9) (465) 996 530 $ 417 () (1,556) 2.542 (1,355) ) (1,468) ) (42) (1,460 (1) 574 422 996 edit and e-sign PDF is & agreements PDF Documents een Shot 03...2.58 PM ee 7-Day Trial The accompanying notes are an integral part of these consolidated financial statements. . Convert, edit and e-sign PDF forms & agreements XLSX Free 7-Day Trial Continue Spreadsheets een Shot 03...2.41 PM MAR 27 A ? W P Acrobat Reader )) 22%O Sat Mar 27 12:42 PM File Edit View Sign Window Help 2020 Annual Report Home Tools 2020 Annual Report X Sign In pcrative student - Gooc x | + Update : 10 / 80 68.4% ... eenshots Macintosh HD Study Pack CARNIVAL CORPORATION & PLC CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (in millions) Search 'Measure a Export PDF Comas een Shot 03... 1.59 PM Adobe Export PDF Convert PDF Files to Word or Excel Online LA een Shot 03... 1.36 PM Rajvi Rana EDCI Select PDF File Carnival ...AL)-VD.PDF Convert to DOCX Additional Total Common Ordinary paid in Retained Treasury shareholders stock shares capital carnings AOCI stock equity At November 30, 2017 $ 7 $ 358 $ 8,690 S 23,292 $ (1.782) $ (6,349) S 24,216 Net income (loss) 3,152 3,152 Other comprehensive income (loss) (167) (167) Cash dividends declared (1,378) (1,378) Purchases of treasury stock under the Repurchase Program and other ..... (1,446) (1,380) At November 30, 2018...... 7 358 8,756 25,066 (1,949) (7,795) 24.443 Change in accounting (24) (24) principle (a) ........... Net income (loss) ........ 2,990 2,990 Other comprehensive (117) ( income (loss) ........... (117) Cash dividends declared (1,379) (1,379) Purchases of treasury stock under the Repurchase Program and other ... 51 (599) (548) At November 30, 2019 ...... 7 358 8,807 26,653 (2,066) (8,394) 25,365 Net income (loss) (10,236) (10,236) Other comprehensive income (loss) ........... 630 630 Cash dividends declared .. - (342) (342) Issuance of common stock ................ 2 3,247 3,249 Issuance and repurchase of Convertible Notes (net settled through a registered direct offering) ...... 2 1,798 1.799 Purchases of treasury stock under the Repurchase Program and other ....... 2 97 (10) 89 At November 30, 2020 .... $ 11 $ 361 $ 13,948 $ 16,075 $ (1.436) $ (8,404) 20,555 Microsoft Word (.docx) V Documents een Shot D3...6.00 PM Document Language: English (U.S.) Change Images een Shot 03...4.11 PM Convert edit and e-sign PDF is & agreements PDF Documents een Shot p3...3.29 PM The accompanying notes are an integral part of these consolidated financial statements. . We adopted the provisions of Revenue from Contracts with Customers and Derivatives and Hedging on December 1, , 2018. (a) ee 7-Day Trial Convert, edit and e-sign PDF forms & agreements XLSX Free 7-Day Trial Continue Spreadsheets een Shot 03...2.58 PM MAR 1 27 ? W P
