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Fader Corp.'s 204 and 205 SFP and 205SCl are as follows (in millions of dollars, except per share amounts): Condensed Statement of Financial Position Statement
Fader Corp.'s 204 and 205 SFP and 205SCl are as follows (in millions of dollars, except per share amounts): Condensed Statement of Financial Position Statement of Comprehensive Income, 205 Sales revenue ( 1/3 were credit sales) Investment revenue cost of goods sold Distribution expense Administrative expense (includes $8 of depreciation) Interest expense Income tax expense (the tax rate is 40\%) Net income and comprehensive income Additional information: Cash flow from operations (70) (20) (15) (4) 28(20) Cash flow from operations $22 Required: Compute the 20X5 ratios that measure: (Use 365 days in a year. Do not round your intermediate calculations. Round your final percentage answers to nearest whole number i.e. 0.12 should be considered as 12%. Round "Quick ratio" and "Asset turnover" to 2 decimal places, "Current Ratio", "Times-interest-earned", "Average collection period" \& "Defensive interval" to nearest whole number and all other answers to 1 decimal place.) a. Profitability (after tax only) b. Efficiency c. Solvency d. Liquidity \begin{tabular}{|l|l|l|l|} \hline a. & Ratios that measure profitability & & % \\ \hline & Return on long-term capital (after tax) & & % \\ \hline & Return on assets (after tax) & % \\ \hline & Return on common owners' equity & % \\ \hline & Operating margin (before tax) & % \\ \hline & Return on gross assets (before tax) & & \\ \hline & & & times \\ \hline b. & Ratios that measure efficiency: & times \\ \hline & Asset turnover & days \\ \hline & Accounts receivable turnover & times \\ \hline & Average collection period of accounts receivable & \\ \hline & Inventory turnover & & \\ \hline & & & \\ \hline \end{tabular}
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