Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello! do the colored chart only please. That's all I need. Group Members: 1 Hexion, Inc Name of Company Ashland, Inc. Financial Year ending date

Hello! do the colored chart only please. That's all I need.

image text in transcribed Group Members: 1 Hexion, Inc Name of Company Ashland, Inc. Financial Year ending date CEO & CFO 2 30-Nov-15 31-Dec CEO : William A. Wulfsohn , CFO: J. Kevin Willis CEO: Craig O. Morrison , CFO :William H. Carter 67.62M 86,330,432 Name of the Audit Firm Date audit completed Auditor Report Addressed to Who? Number of common shares outstanding Par Value per common share Dividends declared/paid in 2014 Number of shares of treasury stock at year end Cost Flow Assumption used for Inventory Net Cash Flow from Operating Activities Revenue Recognition policy Depreciation Policy NOTE: THE NUMBER OF RATIOS YOU CALCULATE NEED NOT BE LIMITED TO THE NUMBER OF BOXES PROVIDED BELOW. Liquidity Name of Ratio Formula for Ratio $ amounts applied in formula Results $ amounts applied in formula Results $ amounts applied in formula Results Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Profitability Name of Ratio Formula for Ratio Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Solvency Name of Ratio Formula for Ratio Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Company 1: Company 2: Group Members: Kaitlyn Cutter, McCaela Schreiner, Joshua Miller, Andrew Luersen, Saeed Alzahrani 1 2 Hexion, Inc Name of Company Ashland, Inc. Financial Year ending date CEO & CFO Name of the Audit Firm Date audit completed Auditor Report Addressed to Who? Number of common shares outstanding Par Value per common share Dividends declared/paid in 2014 30-Nov-15 31-Dec CEO : William A. Wulfsohn , CFO: J. Kevin Willis CEO: Craig O. Morrison , CFO :William H. Carter PricewaterhouseCoopers LLP PricewaterhouseCoopers LLP November 24, 2014 13-Apr-14 The Board of Directors and Shareholders The Board of Directors and Shareholders 67.62M 86,330,432 112.39 0.01 per share 1.56 3 88,049,059 Number of shares of treasury stock at year end Cost Flow Assumption used for Inventory FIFO FIFO Net Cash Flow from Operating Activities 580000 28000000 When the product is shipped When the product is shipped Straight line Straight line Revenue Recognition policy Depreciation Policy NOTE: THE NUMBER OF RATIOS YOU CALCULATE NEED NOT BE LIMITED TO THE NUMBER OF BOXES PROVIDED BELOW. Liquidity Name of Ratio Formula for Ratio Recievables Turnover Ratio $ amounts applied in formula Net Sales / Average Accounts Recievable Results Company 1: 6121 / 1157.5 5.288 Company 2: 5137 / 379 Inventory Turnover Ratio Company 1: 365 / 5.288 365 / Recievables Turnover Ratio 69.02 Company 2:365 / 13.554 Average Collection Period 13.554 26.929 Company 1: 4605 / ((765 + 758)/2) Cost of Goods Sold / Average Inventory 6.047 Company 2: 4534 / 381 Acid-Test Ratio Current Assets / Current Liabilities Cash+Current Investments+Accounts Recievable / Current Liabilities 30.672 Company 1: 3561 / 1687 365 / Average Turnover Ratio 60.36 2.111 Company 2: 1241 / 821 Current Ratio Company 1: 365 / 6.047 Company 2: 365 / 11.900 Average Days in Inventory 11.9 1.512 Company 1: (1393 +765 + 1202) / 1687 1.54 Company 2: (172 + 7 + 591) / 821 0.938 Profitability Name of Ratio Formula for Ratio Gross Pofit Ratio $ amounts applied in formula Gross Profit / Net Sales Results 0.248 Company 2: 603 / 5137 Return on Assets Company 1: 1516 / 6121 0.117 Company 1: 233 / ((10951 + 12088) /2) Net Income / Average Total Assets 0.02 Company 2: (148) / ((2672 + 2874) /2) Profit Margin 0.0534 Company 1: 233 / 6121 Net Income / Net Sales 0.04 Company 2: (148) / 5137 0.0288 Return on Equity Company 1: 6121 / ((10959 +12088) /2) Net Icnome / Average Stockholder's Equity 1.853 Company 1: 233 / ((3583 + 4553) /2) Net Sales / Average Total Assets 0.531 Company 2: 5137 / ((2672 + 2874)/ 2) Asset Turnover 0.057 Company 2: (148) / (((2352) + (2070))/2) Return on the Market Value of Equity Earnings Per Share Price-Earnings Ratio Net Income / Price x Number of Shares Outstanding Stock Net Income - Preferred Stock Dividends / Average Shares of Common Stock Outstanding Stock Price / Earnings Per Share 0.0335 Company 1: 233000000 / (9000000 x 104.10) 0.2489 Company 2: (148000000) / (26.5 x 86330432) -0.064 Company 1: Company 2: Company 1: 104.10 / 0.93 111.93 Company 2: Solvency Name of Ratio Formula for Ratio Debt to Equity Ratio Total Liabilities / Stockholders' Equity $ amounts applied in formula Results Times Interest Earned Ratio 2.056 Company 2: 5024 / (2352) Net Income + Interest Expense + Tax Expense / Interest Expense Company 1: 7368 / 3583 2.136 Company 1: (233+144+(188))/144 1.31 Company 2: ((148)+308+26) / 308 0.604 Company 1: Company 2: Company 1: Company 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey of Accounting

Authors: Carl S Warren

5th Edition

9780538489737, 538749091, 538489731, 978-0538749091

More Books

Students also viewed these Accounting questions