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Can you please help with this problem? I've been stuck for about 3 hours. I have no clue how to answer it. I've done Part

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Can you please help with this problem? I've been stuck for about 3 hours. I have no clue how to answer it. I've done Part A on queston p3.24

Access and solve problem P3-24 from the textbook,Principles of Managerial Finance. Describe Zach Industries' overall financial condition? Research and describe a company currently in the news in similar financial condition, and compose a comparative analysis on what can be/should be done to improve the circumstances of both the fictional and real-world company. Support your answers with financial ratios and provide explanations.

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E - Financial statement analysis The nancial statements of Zach Industries for the year ended December 31, 2015, follow. Sales revenue $160,000 Less: Cost of gmds sold 106,000 Gross prots 5 54,000 less: Opuans mes Selling eJqJense 5 16,000 General and administrative expenses 10,000 Lease expense 1,000 Depreciation expense 10,000 Tom] operating expense 5 37,000 Operating profits 5 17,000 less: Interest expense 6,100 Net prots before taxes 5 10,900 1.65: Tara 4,360 Net profit; after [Exes 5 6,540 PART 2 Financial Tools Asset; Cash $ 500 Liarketahle securities 1,000 Accounts receivable 25,000 Inventories 45,00 Total current assets $ 2&000 [and 5 26,000 Buildings and equipment 90,000 Less: Accumulated depreciation 38,000 Net xed assets $ ?8,000 Total assets $150,000 Liabilities and Stockholders' Equity Accounts payable 5 22,000 Notes payable 47,000 Total current liabilies $ 69,000 Long-term debt 22,950 {30111111011 stoclst'l 3 1,500 Retained earnings 26,550 Total liabilities and stockholders' equity 5 150,000 IIThe lm's 3,000 outstanding sham of some stock closed 2015ataprieeuf$2$pcrshm. a. Use the preceding financial statements to complete the following table. Assume that the industry averages given in the table are applicable for both 2014 and 2015. Ratio Industry average Actual 2014 Actual 2015 Current ratio 1.30 1.34 Quick ratio {1.70 0.73 Inventory turnover" 2.50 2.59 Average collection period\" 37.5 days 36.5 days Debt ratio 65% 67% Timon interest earned ratio 3.3 4.0 Gross prot margin 33% 40% Net prot margin 3.5% 3.6% Return on total assets 4.0% 4.0% Return on common equity 9.5% 3.0% Marketfhook ratio 1.1 1.2 \"Based on a SSSday year and on endofyear gures. b. Analyze Zach lndnstries' financial condition as it is related to [1} liquidity, [2] activity, {3} debt, (4) protability, and {5) market. Summarize the company's overall nancial condition

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