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Completion Status: 22 seconds. As loan analyst for Global Bank, you have been presented the following information as of the end of fiscal 2016. Assets
Completion Status: 22 seconds. As loan analyst for Global Bank, you have been presented the following information as of the end of fiscal 2016. Assets ABC Co. XYZ Co. Cash $ 459,000 $ 816,000 Receivables 565,500 705,900 Marketable securities 234,000 390,000 Inventories 610,500 689,700 Total current assets 1,869,000 2,601,600 Other assets 1.303.500 1.340.400 Total assets $3,172,500 $3.942.000 Liabilities and Stockholders' Equity Average Current liabilities $675,000 $787,500 Long-term liabilities 900,000 1,125,000 Capital stock and retained earnings 1.597.500 2.029.500 liabilities and stockholders' equity $3.172.500 $3.942.000 Annual sales Rate of gross profit on sales Additional information: Cash flow provided by operations $2,925,000 $3,825,000 20% 24% $467 308 $260,628 Each of these companies has requested a loan of $800,000 for 6 months with no collateral offered. Inasmuch as your bank has reached its quota for loans of this type, only one of these requests is to be granted Required Based on the above information, Compute ANY relevant FOUR ratios for ABC Co. and XYZ Co. (WRITE NAME OF THE RATIO) For the toolbar, press ALT+F10 (PC) or ALT-FN+F10 (Mac) BIUS Paragraph Arial 14px DELL LIX 9 O 3
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