Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you please provide me with the calculated metrics for the sample file using balance sheet and income satement. thousands current year last year 7139

image text in transcribed
image text in transcribed
image text in transcribed
can you please provide me with the calculated metrics for the sample file using balance sheet and income satement.
thousands current year last year 7139 Earth Fit Sports Inc Consolidated Balance Sheet Assets Current assets Cash and cash equivalents Receivables net of allowances Inventores Prepaid expenses Other current assets Total current assets $31430 24.019 4,557 5,152 Z787 72.945 $43 291 20,416 3,012 4,355 4.244. 75,318 Long term assets Property, Plant and Equipment (net) Investments Deferred income taxes Intangible assets Other long term assets Total long term assets Total assets 56 139 0 117358 450 600 2.135 626 232 49,579 2,007 260 472 143 2675 528.684 $699.177 S601.982 5,100 26,969 13,667 20.516 66.252 3,900 26,738 8,494 212753 80.885 Liabilities Current liabilities Current portion of long term debt Accounts payable Accrued liabilities Other current liabilities Total current liabilities Long term liabilities Long term notes payable Other long term debl Deferred income taxes Other long term liabilities Total long term liabilities Total liabilities Stockholders' equity Common stock Additional paid in capital Other equity inc treasury stock Retained earnings Total stockholders' equity Total llabilities and stockholders' equity 309,779 137,172 0 17054 464 005 375,881 0 606 12.861 389 348 $530 257 $450,233 640 123,643 (53 862) 98 499 168.920 640 119,870 (29,130) 60359 151249 569 57 $601.982 7139 Earth Fit Sports Inc thousands Retained earnings statement Retained earnings, 1/1 Add net income Less dividends paid Retained earnings 12/31 $60,369 38,130 0 $98.499 Consolidated income statement Net sales Less cost of goods sold (without depreciation) Gross margin General and administrative expenses Depreciation Operating income Other income (loss) Income before interest and taxes (EBIT) Interest expense Income before taxes Income tax expense (refund) Net income $330,537 113.492 217,045 113,058 32.158 71,829 (2) 71,827 24,549 47 278 9.148 $38.130 Sampled firm #1 (If your firm does not have CGS, please read information on the payables turnover in Part 4.) Calculated metrics for Sampled firm #1 using balance sheet and income statement: working capital inventory turnover receivables turnover payables turnover cash cycle assets turnover ROA average income tax rate days' sales in inventory days' sales in receivables days' cost in payables average tax rate capital intensity ratio ROE

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions