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Can this question please be answered? 1) Using the formulas in Table 4.1 and Urban Outfitterss financial statement starting on page 117, calculate the following
Can this question please be answered?
1) Using the formulas in Table 4.1 and Urban Outfitterss financial statement starting on page 117, calculate the following measures of financial performance. Be sure to report items (a) through (e) in percentages (i.e., multiply your result x 100).
a. Gross profit margin
b. Operating profit margin
c. Net profit margin
d. Times-interest-earned (or coverage) ratio
e. Return on stockholders equity
f. Return on assets
g. Debt-to-equity ratio
h. Days of inventory
i. Inventory turnover ratio
j. Average collection period
2016 2017 Net sales (total revenue) $3,545,794 $3,445,134 Cost of sales 2,301,181 2,243,232 Selling, general, and administrative 906,086 848,323 Operating income 338,527 353,579 Other income (expense) Other expenses (4,587) (5,449) Interest income and other, net 4159 1901 Income before income taxes 338,099 350,031 Provision for income taxes 119.979 125,542 Net income $218,120 $224,489 Basic earnings per share $ 1.87 $ 1.79 Diluted earnings per share $ 1.86 $ 1.78 January 31, 2017 January 31, 2016 Assets Current Assets Cash and cash equivalents $ 248,140 $ 248,140 Short-term investments 111,067 61,061 Receivables, net 54,505 75,723 Merchandise inventories 338,590 330,223 Prepaid expenses and other current assets 129,095 102,078 Total current assets 881,397 834,361 Net property and equipment 867,786 863,137 Deferred income taxes and Other assets 153,454 135,803 Total assets $1,902,637 $1,833,301Step by Step Solution
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