D Jordan, Inc. reported the following financial statement statements at the end of March 2014. As a newly mountant 5 you want to understand how the company is doing and the financial condition of the company in the past two years 6 Indon, Tomorrow in your first meeting with the financial manage the CF, and the owner of the company You want to make sure that you know what they we talking about and if the ankyou questions during the meeting you want to make a good first impression Sardar March 11 2018 2017 TO 11 12 Jordan, Ine Income Statement 14 For the years ended March 11 15 10 2018 2017 2016 17 Total Revenues $400,000.00 $375,000.00 $390,000.00 10 COGS $205,000.00 $215,000.00 $225,000.00 19 Gross Profit $155,000.00 $160,000.00 $165,000.00 20 Operating, selling general and administrative expenses $ 92,000.00 $ 90,000.00 $ 88,000.00 21 Operating Income $ 63,000.00 $ 70,000.00 $ 27,000.00 22 Nen-operating Incomo/Expenses Interest expenses $ 1,500.00 $ 1.400.00 Su 1.400.00 Information Ratios ASSETS Current assets Cash Accounts Receivable Inventores Prepaid expenses Total current assets $ 12,000.00 $10,000.00 $ 2.000.00$ 31,000.00 $ 45,000.00 $ 40,000.00 $7,000.00 $9,000.00 $ 92,000.00 $ 90,000.00 F 0 Total current assets $ 92,000.00 $ 90,000.00 22 Non operating income/Expenses Interest expenses Interest income 25 Interest, net 26 income before income taxes 21 Income times Net Income $ 1.500.00 $ 1.400.00 $ 1.400.00 S 100.00 S s $ 1.400.00 $ 1.400.00 $ 1.400.00 $ 61,600.00 $ 68,600.00 $ 75,600.00 $ 21,500.00 $ 24,000.00 $ 26,400.00 $ 40,100.00 $ 44,600.00 $ 49,200.00 Property, plant, and equipment Building Less accumulated depreciation Equipment Less accumulated amortization Total PPE 5110,000.00 $160,000.00 5157.000.000 $150,000.00 $ 5.500.00 $ 5.000.00 $ 3.600.00) S (3.200.00 $124,900.00 $111,800.00 30 Common shares outstanding 11 Cash Dividends declared 3 Weighted average common shares outstanding (basic) 34 15.000.00 10.000,00 10.000.00 5. 15,000.00 $ 10,000.00 $ 10.000.00 Totalauets $216,300.00 $200,000.00 7.500.00 3.500.00 Required: Analyze the performance and financial condition of lorda, tinc, in the past two years by calculating the following ratios. Assume that Jordan, Inc.'s stock is traded for $12-50 per share 2. Interve the results. Please round answers to two decimal points LIABILITIES AND EQUITY Current liabilities Short term boring Accounts payable Accrued liabilities Long-term debt due within one year Total current liabilities $ 10.000.005 4,000.00 $ 15,000.00 $ 30.000.00 S 500.00 $ 3.000.00 $ 2.500.00 S 3.000.00 $ 28,000.00 $ 40,000.00 Information Required: 32 1. Assalyse the performance and ancial condition of lordar, in the past two years by cating the Ja following ratio. Assume that london, Inc.'s stock is traded for $12:30 per share 2. Interpret the results. Please round answers to two decimal points Accounts payable Acered its Long-term debt due within one year Total current liabilities S 15.000.00 $ 30,000.00 $ 500.00 53.000.00 $ 2.500.00 5 1,000.00 $ 25,000.00 $ 40,000.00 40 01 Long-term debe Total long-term liabilities $5,000.00 $ 10.000.00 $5,000.00 10,000.00 45 Equity Common stock Paid Capital in exces par vale Retained earnings $ 15,000.00 $ 10,000.00 54.000.000.00 $168.900.00 53.000 $187.500.00 $150,000.00 43 Total equity ST Total liabilities and equity $216,300.00 $201.800.00 54 Information Ganes 6 7 Analysis 8 Liquidity Ratio Net Working Capital D Fiscal Year Ended Jan 31 2018 2017 Formula 9 TO Current ratio 11 12 Quick ratio 13 14 Profitability Grass Profit percentage 15 16 Net Income percentage 17. 18 Debt Analysis Debt Ratio 19 20 Interest Coverage Ratio 21 22 Asset Management Analysis Inventory Turnover 23 24 Days-Sales-in-inventory 25 Information Ratios G 21 22 Asset Management Analysis Inventory Turnover 23 24 Days-Sales-in-Inventory 26 Accounts Receivable Turnover 27 Receivable Collection Period 29 Return on Assets 31 Total Asset Turnover Fixed Asset Turnover 35 36 Stockholder's Reward AnalysEarnings Per Share 37 38 Dividends Per Share 40 Dividends Payout Ratio Information Ratios G 90 Return on Assets 31 22 Total Asset Turnover 33 Fixed At Turnover 35 36 Stockholder's Reward AnalysEarnings Per Share 37 39 Dividends Per Share 19 40 Dividends Payout Ratio 42 45 Return on Equity 40 45 46 4