Question
Company name: BARRICK GOLD CORPORATION QUESTIONS 1. Calculate and comment on the following ratios: Year 2019 2020 2021 Working capital (liquidity ratio) Fiscal Year Current
Company name: BARRICK GOLD CORPORATION QUESTIONS
1. Calculate and comment on the following ratios:
Year 2019 2020 2021
Working capital (liquidity ratio)
Fiscal Year Current Asset Current Liabilities Ratio
2019-12-31 6,887,000 2,376,000
2020-12-31 8,143,000 2,220,000 3.67
2021-12-31 8,249,000 2,086,000 3.95
Current ratio (liquidity ratio)
Fiscal Year Current Asset Current Liabilities Current ratio
2019-12-31 6,887,000 2,376,000
2020-12-31 8,143,000 2,220,000 3.67
2021-12-31 8,249,000 2,086,000 3.95
Debt to total assets ratio (solvency ratio)
Fiscal Year Total Liabilities Total Assets Ratio
2019-12-31 14,565,000 44,392,000
2020-12-31 14,796,000 46,506,000 27.7
2021-12-31 14,583,000 46,890,000 26.45
Basic earnings per share (Profitability ratio)
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
. Price earnings ratio (profitability ratio)
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
f. Gross profit margin (profitability)
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
. Profit margin (profitability)
Fiscal Year Net Income Sales
2019-12-31
2020-12-31
2021-12-31
h. Inventory turnover (inventory management)
Fiscal Year Cost of Goods Sold Average inventory
2019-12-31
2020-12-31
2021-12-31
. Days in inventory (inventory management)
Fiscal Year Days Inventory TurnOver
2019-12-31
2020-12-31
2021-12-31
j. Receivables turnover (liquidity)
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
k. Average collection period (liquidity)
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
l. Return on assets ratio (profitability)
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
.
Asset turnover ratio (profitability)
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
n. Horizontal percentage of a base period amount
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
o. Horizontal percentage change for the period
Fiscal Year
2019-12-31
2020-12-31
2021-12-31
2. Sales trends and gross profit for the periods. Did they increase or decrease? 2 points
3. Comment and compare the profit margin for the company over the two years. 2 points
4. Which inventory method does the company use? 1 point Closing paragraph 25 points In 2 3 paragraphs indicate if this is a company you would be interested in as an investment. Use your calculations from above to support your decision.
PLEASE HELP ME THANK YOU SO MUCH
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ISE International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th Edition
1260547981, 9781260547986
