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Comprehensive Ratio Analysis P9. Data for Obras Corporation in 2014 and 2013 follow. These data should be used in conjunction with the data in P1.

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Comprehensive Ratio Analysis P9. Data for Obras Corporation in 2014 and 2013 follow. These data should be used in conjunction with the data in P1. Selected balances at the end of 2012 were accounts receivable (net), $206,800; inventory, $547,200; total assets, $1,465,600; accounts payable, $386,600; and stockholders' equity, $641,200. All of Obras's notes payable were current liabilities; all its bonds payable were long-term liabilities. REQUIRED Perform a comprehensive ratio analysis following the steps outlined below. (Round to one decimal place.) 1. Prepare a operating asset management analysis by calculating for each year the (a) current ratio, (b) quick ratio, (c) receivables turnover, (d) days' sales uncollected, (e) inventory turnover, (f) days' inventory on hand, (g) payables turnover, (h) days' payable, and (i) financing period. 2. Prepare a profitability and total asset management analysis by calculating for each year the (a) profit margin, (b) asset turnover, and (c) return on assets. 3. Prepare a financial risk analysis by calculating for each year the (a) debt to equity ratio, (b) return on equity, and (c) interest coverage ratio. 4. Prepare a liquidity analysis by calculating for each year the (a) cash flow yield, (b) cash flows to sales, (c) cash flows to assets, and (d) free cash flow. 5. Prepare a market strength analysis by calculating for each year the (a) price/earnings (P/E) ratio and (b) dividend yield

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