Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Could you please tell me how the comapny is doing based on the following information 2: Please fill in the Ratios on page 2 of

image text in transcribed

Could you please tell me how the comapny is doing based on the following information

2: Please fill in the Ratios on page 2 of this assignment 3: Please type 1 paragraph describing what you learned from these ratios Balance Sheet (000) 2016 2017 40 900 AR 1,500 1,825 Current A. 2.280 2,765 2016 2017 Cash 30 Inv 750 0.4% 92% 18.3% 279910 0.0% 72190 100.0% 0.3% 73% 14.9% 225% 0.0% 775% 100.0% LT Assets 5,900 9,500 8,180 12,265 AP 720 1,250 8.8% 10.2% LT Debt 4,500 7,000 Total Debt 5,2208,250 55.0% 63.8% 0.0% 362% 100.0% 57.1% 67.3% 0.0% 327% 100.0% Equity 2,960 4015 8,180 12,265 Income statement(000) % 2016 2017 Sales 18,000 25,000 COGS 17,000 22,500 Gross Prof (EBITDA) 1,0002,500 -Depr100 200 EBIT 900 2,300 350 550 Taxable 550 1,750 -tax (34%), 187, 595 NI 363 1,155 2016 100.0% 94.4% 5.6% 0.6% 5.0% 1.9% 3.1% 1.0% 2.0% 2017 100.0% 90.0% 10.0% 0.8% 9.2% 2.2% 7.0% 2.4% 4.6% Other Data Price Number of Shares 10 1200 1200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economics Of Money Banking And Finance

Authors: Keith Bain, Peter Howells

1st Edition

0582278007, 9780582278004

More Books

Students also viewed these Finance questions

Question

Draw a picture consisting parts of monocot leaf

Answered: 1 week ago