Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Fill in the chart below for 2020 Use the financials below to calculate the activity, debt and profitability ratios for 2020 for Dick's Sporting Goods.
Fill in the chart below for 2020
Use the financials below to calculate the activity, debt and profitability ratios for 2020 for Dick's Sporting Goods. Complete the Solution Template. Remember, if you're not concerned, leave it blank. Consolidated Balance Sheets - $ in Thousands Consolidated Statements Of Income Cash & equivalents $ 69,334 Net sales $ 8,750,743 Accounts receivable, net 53,173 Cost of goods sold 6,196,185 Inventories, net 2.202,275 Gross profit 2,554,558 Prepaid expenses & other 85,234 Selling, general & admin. exp 2,173,677 Total current assets 2.410,016 Pre-opening expenses 5,268 Property & equipment, net 1,415,728 Income from operations 375,613 Operating lease assets 2,313,846 Gain on sale of subsidiaries (33,779) Intangible assets, net 94,768 Interest expense 17,012 Goodwill 245,857 Other (income) expense (15,324) Deferred income taxes 14,412 Income before income taxes 407,704 Other 133,933 Provision for income taxes 110,242 Total other assets 148,345 Net income $ 297,462 Total Assets 6,628,560 Accounts payable 1,001,589 Accrued expenses 415,501 Operating lease liabilities 422,970 Income taxes payable 10,455 Deferred revenue & other liabilities 225,959 Total current liabilities 2,076,474 Revolving credit borrowings 224,100 Long-term operating lease liabilities 2,453,346 Deferred income taxes 9,187 Other long-term liabilities 133,855 Total long-term liabilities 2.820,488 Additional paid-in capital 1,253,867 Retained earnings 2,645,281 Acc. other comprehensive loss (120) Treasury stock, at cost (2,168,266) Total stockholders' equity 1,731,598 Total liabilities & equity 6,628,560 2020 2019 2018 111.025 102.362 1.643 2.554 112.668 104.916 Days Inventory Held (DIH) Days Sales Outstanding (DSO) Cash Cycle (CC) Days Payable Outstanding (DPO) Times Interest Earned (TIE) Net Profit Margin (NPM) 54.147 50.435 59.348 43.397 0.038 0.038Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started