ebook Show Me How Print Item Inventory Analysis The following data were extracted from the income statement of Shriver Inc.: Current Year Prior Year Sales $1,255,600 $1,314,000 Beginning inventories 95,488 56,100 Cost of merchandise sold 627,800 730,000 Ending inventories 86,488 95,488 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in Inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year. Current Year Prior Year 1. Inventory turnover 2. Number of days' sales in Inventory 90,988 X 75,794 X 249.28 X days 207.65 X days b. The inventory position of the business has deteriorated of days' sales in Inventory has increased The inventory turnover has decreased while the number Ratio of Labilities to Stockholders' Equity and Times Interest Eamed Hasbro, Inc., and Mattel, Inc., are the two largest toy companies in North America. Condensed liabilities and stockholders' equity from a recent balance sheet are shown for each company as follows (in thousands): Hasbro Mattel Liabilities: Current liabilities $3,976,000 $7,425,000 Long-term debt 2,141,000 2,947,000 Other liabilities 1,414,100 Total liabilities 56,117,000 $11,736,100 Shareholders' equity: Common stock $277,000 $1,248,000 Additional paid in capital 856,000 4,576,000 Retained earnings 5,331,000 4,715,000 Accumulated other comprehensive income (loss) and other equity items 61,000 (763,000) Treasury stock, at cost 62.447,000) (2,643,000) Total stockholders equity $4,078,000 56,933,000 Total liabilities and stockholders' equity $10,195,000 $10,719,100 Retained earnings 5,331,000 4,715,000 Accumulated other comprehensive income (loss) and other equity items 61,000 (763,000) Treasury stock, at cost (2,447,000) (2,843,000) Total stockholders' equity $4,078,000 $6,933,000 Total liabilities and stockholders' equity $10,195,000 $18,719,100 The income from operations and interest expense from the income statement for both companies were as follows (in thousands): Hasbro Mattel Income (loss) from operations (before income tax expense) $1,289,820 53,982,860 Interest expense 116,200 365,400 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round your answers to one decimal place. Hasbro, Inc. Mattel, Inc. b. Determine the times interest earned ratio for both companies. Round your answers to one decimal place. Hasbro, Inc. Mattel, Inc. c. Hasbro, Inc. provides a slightly better to make interest payments margin of safety to creditors. Earnings for both companies appear adeguate Show Me How Print Item Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Zell Inc. for December 31 of the current fiscal year: Common stock, 545 par value (no change during the year) $6,750,000 Preferred $10 stock, $200 par (no change during the year) 4,000,000 The net income was $410,000 and the declared dividends on the common stock were $37,500 for the current year. The market price of the common stock is $11.90 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (e) the dividends per share, and (d) the dividend yield. If required, round your answers to two decimal places. a. Earnings per Share b. Price-Earnings Ratio
