Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Find the Current ratios, Quick ratio, Profits to Sales, Return on Equity and Return on Assets for the following for all 3 yrs: 2016 2015
Find the Current ratios, Quick ratio, Profits to Sales, Return on Equity and Return on Assets for the following for all 3 yrs:
2016 | 2015 | 2014 | |
Revenue | $10,679,558 | $12,929,504 | $12,974,930 |
Cost of revenue | $9,653,502 | $11,417,188 | $11,508,521 |
Gross profit | $1,026,056 | $1,512,316 | $1,466,409 |
Selling and administrative expense | $349,874 | $387,027 | $405,208 |
Intangibles amortization | $42,439 | $57,625 | $66,506 |
Equity earnings | -$26,826 | -$15,689 | -$25,225 |
Goodwill impairment | $655,000 | $453,100 | $0 |
Loss on net assets sold and intangible assets impairment | $148,148 | $1,052,751 | $0 |
Other operating expense (income), net | $2,339 | $2,619 | -$2,373 |
Integration related costs | $0 | $0 | $39,685 |
(Loss) income from operations | -$144,918 | -$425,117 | $982,608 |
Interest expense | -$105,349 | -$94,360 | -$83,590 |
Interest income | $13,004 | $8,285 | $8,524 |
(Loss) income before taxes | -$237,263 | -$511,192 | $907,542 |
Income tax (expense) benefit | -$2,560 | $81,231 | -$271,417 |
Net (loss) income | -$239,823 | -$429,961 | $636,125 |
Less: Net income attributable to noncontrolling interests | -$73,346 | -$74,454 | -$92,518 |
Net (loss) income attributable to XYZ | -$313,169 | -$504,415 | $543,607 |
Net (loss) income attributable to XYZ per share: | |||
Basic | -$3.05 | -$4.72 | $5.03 |
Diluted | -$3.05 | -$4.72 | $4.98 |
Cash dividends on shares: | |||
Amount | $28,733.00 | $29,847.00 | $30,246.00 |
Per share | $0.28 | $0.28 | $0.28 |
XYZ Company balance sheet | |||
Assets | |||
Cash and cash equivalents | $505,156 | $550,221 | $351,323 |
Accounts receivable, net | $727,659 | $1,331,217 | $1,306,567 |
Inventory | $194,130 | $289,658 | $286,155 |
Costs and estimated earnings in excess of billings | $564,024 | $688,314 | $774,644 |
Other current assets | $550,783 | $507,889 | $238,783 |
Total current assets | $2,541,752 | $3,367,299 | $3,530,459 |
Equity investments | $175,277 | $136,845 | $107,984 |
Property and equipment, net | $565,690 | $604,043 | $771,651 |
Goodwill | $3,043,410 | $3,711,506 | $4,195,231 |
Other intangibles, net | $367,849 | $410,949 | $556,454 |
Deferred income taxes | $730,108 | $633,627 | $89,196 |
Other non-current assets | $415,334 | $327,791 | $130,056 |
Total assets | $7,839,420 | $9,192,060 | $9,381,031 |
Liabilities | |||
Revolving facility and other short-term borrowings | $407,500 | $653,000 | $164,741 |
Current maturities of long-term debt, net | $503,910 | $147,871 | $105,997 |
Accounts payable | $1,105,576 | $1,162,077 | $1,256,854 |
Billings in excess of costs and estimated earnings | $1,449,335 | $1,934,111 | $1,985,488 |
Deferred income taxes | $0 | $0 | $4,856 |
Other current liabilities | $1,069,928 | $959,889 | $804,294 |
Total current liabilities | $4,536,249 | $4,856,948 | $4,322,230 |
Long-term debt, net | $1,287,923 | $1,791,832 | $1,564,158 |
Deferred income taxes | $7,307 | $10,239 | $167,714 |
Other non-current liabilities | $446,604 | $369,451 | $450,626 |
Total liabilities | $6,278,083 | $7,028,470 | $6,504,728 |
Shareholders Equity | |||
Common stock | $1,288 | $1,288 | $1,283 |
Additional paid-in capital | $782,130 | $800,641 | $77,864 |
Retained earnings | $1,370,606 | $1,712,508 | $2,246,770 |
Treasury stock, at cost: | -$344,870 | -$206,407 | -$24,428 |
Accumulated other comprehensive loss | -$395,616 | -$294,040 | -$262,397 |
Total XYZ shareholders equity | $1,413,538 | $2,013,990 | $2,738,092 |
Noncontrolling interests | $147,799 | $149,600 | $138,211 |
Total shareholders equity | $1,561,337 | $2,163,590 | $2,876,303 |
Total liabilities and shareholders equity | $7,839,420 | $9,192,060 | $9,381,031 |
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