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Compare ratios and comment on results Selected financial data for two intense competitors in a recent year follow (amounts in millions): Zeus Corporation Mars Company
Compare ratios and comment on results Selected financial data for two intense competitors in a recent year follow (amounts in millions):
Zeus Corporation | Mars Company | |||
Statement of income data: | ||||
Net sales | $3,339 | $6,772 | ||
Cost of goods sold | 2,991 | 5,753 | ||
Selling and administrative expenses | 88 | 412 | ||
Interest expense | 140 | 188 | ||
Other expenses | 8 | 0 | ||
Income taxes | 56 | 107 | ||
Net income | $56 | $312 | ||
Statement of cash flows data: | ||||
Net cash inflow from operating activities | $122 | $239 | ||
Net increase in cash during the year | 10 | 37 | ||
Statement of financial position data: | ||||
End-of-year balances: | ||||
Current assets | $1,012 | $1,636 | ||
Property, plant, and equipment (net) | 1,867 | 2,945 | ||
Other assets | 715 | 1,030 | ||
Total assets | $3,594 | $5,611 | ||
Current liabilities | $584 | $821 | ||
Long-term debt | 2,215 | 3,107 | ||
Total shareholders equity | 795 | 1,683 | ||
Total liabilities and shareholders equity | $3,594 | $5,611 | ||
Beginning-of-year balances: | ||||
Total assets | $3,250 | $5,196 | ||
Total shareholders equity | 747 | 1,242 | ||
Other data: | ||||
Average net receivables | $345 | $787 | ||
Average inventory | 286 | 570 |
How to calculate Net debt as a percentage of total capitalization and Return on assest?
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