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Current Attempt in Progress The financial information below was taken from the annual financial statements of Wildhorse Videos: 2014 2013 Current assets $145,400 $135,700 Current
Current Attempt in Progress The financial information below was taken from the annual financial statements of Wildhorse Videos: 2014 2013 Current assets $145,400 $135,700 Current liabilities 52,000 69,200 Total liabilities 230,200 225,800 Total assets 640,500 641,000 Net sales 688,500 692,000 Net credit sales 675,000 665,000 Cost of goods sold 379,800 354,000 Inventory 65,000 59,800 Receivables (net) 38,200 33,800 Dividends 11,400 13,400 Capital expenditures 19,100 25,200 Net income 64,200 48,800 Net cash provided by operating activities 41,900 47,200 Net cash provided by operating activities 41,900 47,200 Calculate the following ratios for Wildhorse Videos for 2014. (Round Free cash flow to O decimal place, e.g. 12. Other all answers to 2 decimal places, e.g. 12.21.) 1. Average collection period 2. Current ratio 3. Debt to assets ratio 4. Return on assets days :1 % de de % 5. Profit margin % times 6. Asset turnover 7. Inventory turnover times 8. Free cash flow
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