Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Financial Ratio Worksheet 2014 2015 2016 2017 2018 Days Receivable 75.47 80.31 63.69 78.74 76.59 Days Inventory 17.42 21.58 184.32 41.88 41.43 Days Payable 45.19
Financial Ratio Worksheet | |||||
2014 | 2015 | 2016 | 2017 | 2018 | |
Days Receivable | 75.47 | 80.31 | 63.69 | 78.74 | 76.59 |
Days Inventory | 17.42 | 21.58 | 184.32 | 41.88 | 41.43 |
Days Payable | 45.19 | 57.23 | 618.53 | 109.84 | 103.13 |
Sales Growth | -5.47% | -5.47% | -3.81% | -42.40% | 6.86% |
Costs of Goods Sold | 71.63% | 71.33% | 7.00% | 69.89% | 69.88% |
Sales & General Administrative to sales | 15.81% | 15.40% | 15.60% | 17.53% | 16.03% |
Operating Profit to Sales | 6.92% | 7.15% | 2.11% | 6.31% | 3.35% |
Current Ratio | 1.11 | 1.41 | 1.28 | 1.13 | 1.00 |
Debt Ratio | 0.77 | 1.42 | 1.53 | 1.62 | 1.61 |
Sales Turnover | 0.85 | 0.64 | 0.63 | 0.47 | 0.56 |
Return on Equity | 16.39 | 22.81 | 29.15 | 86.27 | 79.25 |
Return on Assets | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 |
Can you please help me interpret/analyse the trend from 2014 to 2018 for each of the ratios?
Step 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