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Calculate the following Ratios for years 2021 and 2022. Compare 2021 to 2022 and state which year is best for the company. a. ROA b.
Calculate the following Ratios for years 2021 and 2022. Compare 2021 to 2022 and state which year is best for the company.
a. ROA
b. ROCE
c. Current Ratio
d. Quick Ratio
e. Accounts Receivable Turnover
f. Days AR outstanding
g. Inventory Turnover
h. Days inventory held
i. Accounts Payable Turnover
j. Days AP outstanding
k. Long-term debt to assets
l. Interest coverage Ratio
m. Operating Cash flow to total liabilities
\begin{tabular}{|l|r|r|r|} \hline \multicolumn{3}{|c|}{ Ivanhoe Corporation } \\ \hline Retained Earnings & & & \\ \hline (\$ millions) & 2020 & 2021 & 2022 \\ \hline Beginning Retained Earnings & $3,005 & $1,811 & $2,216 \\ \hline Add: Net Income & 10,919 & 14,786 & 17,985 \\ \hline Less: Preferred Stock Dividends & (6,598) & (7,893) & (9,800) \\ \hline Less: Common Stock Dividends & (5,515) & (6,488) & (4,835) \\ \hline Ending Retained Earnings & $1,811 & $2,216 & $5,566 \\ \hline \hline \end{tabular}
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