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Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 3 1 , 2
Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December Thousands of Dollars Cash $ Accounts payable $ Receivables Notes payable Inventories Other current liabilities Total current assets $ Total current liabilities $ Net fixed assets Longterm debt Common equity Total assets $ Total liabilities and equity $ Lozano Chip Company: Income Statement for Year Ended December Thousands of Dollars Sales $ Cost of goods sold Selling, general, and administrative expenses Earnings before interest and taxes EBIT $ Interest expense Earnings before taxes EBT $ Federal and state income taxes Net income $ Calculate the indicated ratios for Lozano. Do not round intermediate calculations. Round your answers to two decimal places. Ratio Lozano Industry Average Current assetsCurrent liabilities Days sales outstanding day year days days COGSInventory SalesFixed assets SalesTotal assets Net incomeSales Net incomeTotal assets Net incomeCommon equity Total debtTotal assets Total liabilitiesTotal assets Use the extended DuPont equation to calculate ROE for both Lozano and the industry. Do not round intermediate calculations. Round your answers to two decimal places. For the firm, ROE is For the industry, ROE is
Comprehensive Ratio Analysis
Data for Lozano Chip Company and its industry averages follow.
Lozano Chip Company: Balance Sheet as of December
Thousands of Dollars
Cash $ Accounts payable $
Receivables Notes payable
Inventories Other current liabilities
Total current assets $ Total current liabilities $
Net fixed assets Longterm debt
Common equity
Total assets $ Total liabilities and equity $
Lozano Chip Company: Income Statement for Year Ended December
Thousands of Dollars
Sales $
Cost of goods sold
Selling, general, and administrative expenses
Earnings before interest and taxes EBIT $
Interest expense
Earnings before taxes EBT $
Federal and state income taxes
Net income $
Calculate the indicated ratios for Lozano. Do not round intermediate calculations. Round your answers to two decimal places.
Ratio Lozano Industry Average
Current assetsCurrent liabilities
Days sales outstanding day year
days days
COGSInventory
SalesFixed assets
SalesTotal assets
Net incomeSales
Net incomeTotal assets
Net incomeCommon equity
Total debtTotal assets
Total liabilitiesTotal assets
Use the extended DuPont equation to calculate ROE for both Lozano and the industry. Do not round intermediate calculations. Round your answers to two decimal places.
For the firm, ROE is
For the industry, ROE is
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