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find the actual 2019 current ratio , quick rario , inventory turrnover etc AutoSave OFF AE . Perso tateme... Home P3-25Q Acrobat Tell me Home

image text in transcribedfind the actual 2019 current ratio , quick rario , inventory turrnover etc

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AutoSave OFF AE . Perso tateme... Home P3-25Q Acrobat Tell me Home Insert Page Layout Formulas Data Review View Share B3 X fx Financial statement analysis. The financial statements of Zach Industries for the year ended December 31, 2019, follow. Paste B D E F G H 1 J Profitability 26 Powell Lett 27 Gross profit margin 28 29 30 Net profit margin 31 32 33 Sterling Company Balance Sheet December 31, 2019 Assets Cash $ 200,000 Marketable securities 50,000 Accounts receivable 800,000 Inventories 950,000 Total current assets $ 2,000,000 Gross fixed assets (at cost) 12,000,000 Less: Accumulated depreciation 3,000,000 Net fixed assets $ 9,000,000 Other assets $ 1,000,000 Total assets $ 12,000,000 Screen 021-03.. ROA 34 ROE 35 36 37 Market Market 38 Del Ant Powell 39 P/E Ratio 40 41 42 43 44 45 Liabilities and Stockholders' Equity Accounts payable" Notes payable Accruals Total current liabilities Long-term debt Preferred stick (25,000 shares, $2 dividend) Common stock(200,000 Shares at $3 par) Paid-in capital in excess of par value Retained carnings Total stockholders' equity Total liabilities and stockholders' equity S 900,000 200,000 100,000 S 1,200,000 3,000,000 $ 1,000,000 600,000 5,200,000 1,000,000 7,800,000 $ 12,000,000 Screen 021-08. 46 47 48 49 " 50 51 62 Screen 021-04.. Sheet1 + Ready || 95% For 2016/365 100x200 duve Page 1 of 2 129 words * ( English (United States) O Focus = 96% Screen 2021-04.. 63,099 OCH 9 8 S etv A W f HU inancial statement analysis. The financial statements of Zach Industries for the year ended December 31, 2019, follow. for Sterling Company Income Statement the Year Ended December 31, 2019 $ 10,000,000 7,500,000 $ 2,500,000 Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes Less: Preferred stock dividends Earnings avaliable for common stockholders $ 300,000 650,000 50,000 200,000 $ 1,200,000 $ 1,300,000 200,000 $ 1,100,000 231,000 $ 869,000 $ 50,000 $ 819,000 4.10 LEDON Actual 2017 Actual 2018 Actual 2019 Industry 2019 Liquidity Current ratio 1.4 1.55 1.85 Quick ratio 1 0.92 1.05 Activity Inventory turnover 9.52 9.21 8.6 + Average collection period 45,6 days 36.9 days 35.5 days Debt Debt ratio 02 0.2 0.3 Times interest earned 8.2 7.3 8 Profitability Gross profit margin 0.3 0.27 0.25

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