Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Help please. Compute the profitability ratios of the most recent 2 years, show values in computations: 1. Profit Margin ratio 2. Return on total assets
Help please.
Compute the profitability ratios of the most recent 2 years, show values in computations: |
1. Profit Margin ratio |
2. Return on total assets |
3. Return on equity |
4. Basic earnings per share |
29-Jan-22 | 30-Jan-21 | |||
Net sales | $ 48,549,982.00 | $ 32,136,962.00 | ||
Cost of sales, including buying and occupancy costs | $ 34,713,812.00 | $ 24,533,815.00 | ||
General and administrative expenses | $ 9,081,238.00 | $ 7,020,917.00 | ||
Loss on early extinguishment of debt | $ 242,248.00 | $ 312,233.00 | ||
Interest expense, net | $ 115,076.00 | $ 180,734.00 | ||
Income before income taxes | $ 4,397,608.00 | $ 89,263.00 | ||
Provision (benefit) for income taxes | $ 1,114,793.00 | $ (1,207.00) | ||
Net income | $ 3,282,815.00 | $ 90,470.00 | ||
Basic earnings per share | $ 2.74 | $ 0.08 | ||
Weighted average common shares - basic | $ 1,199,990.00 | $ 1,199,927.00 | ||
Diluted earnings per share | $ 2.70 | $ 0.07 | ||
Weighted average common shares - diluted | $ 1,215,591.00 | $ 1,214,703.00 |
Fiscal year is February-January. All values USD Millions. | 2022 | 2021 |
Cash & Short Term Investments | 6,227 | 10,470 |
Cash Only | 6,227 | 10,470 |
Total Accounts Receivable | 632 | 497 |
Accounts Receivables, Net | 518 | 461 |
Accounts Receivables, Gross | 518 | 461 |
Accounts Receivable Turnover | 76.8 | 64.61 |
Inventories | 5,962 | 4,337 |
Finished Goods | 5,962 | 4,337 |
Other Current Assets | 438 | 435 |
Miscellaneous Current Assets | 438 | 435 |
Total Current Assets | 13,259 | 15,739 |
Net Property, Plant & Equipment | 14,125 | 14,026 |
Property, Plant & Equipment - Gross | 21,290 | 20,753 |
Buildings | 1,912 | 1,668 |
Other Property, Plant & Equipment | 10,524 | 10,094 |
Accumulated Depreciation | 7,165 | 6,727 |
Intangible Assets | 220 | 224 |
Net Goodwill | 97 | 99 |
Net Other Intangibles | - | 125 |
Other Assets | 674 | 696 |
Tangible Other Assets | 674 | 696 |
Total Assets | 28,461 | 30,814 |
Liabilities & Shareholders' Equity | ||
All values USD Millions. | 2022 | 2021 |
ST Debt & Current Portion LT Debt | 1,577 | 2,427 |
Short Term Debt | - | 1,678 |
Current Portion of Long Term Debt | - | 750 |
Accounts Payable | 4,465 | 4,823 |
Income Tax Payable | 181 | 82 |
Other Current Liabilities | 4,245 | 3,471 |
Dividends Payable | 312 | 316 |
Accrued Payroll | 1,117 | 946 |
Miscellaneous Current Liabilities | 2,817 | 2,210 |
Total Current Liabilities | 10,468 | 10,804 |
Current Ratio | 1.27 | 1.46 |
Quick Ratio | 0.7 | 1.06 |
Cash Ratio | 0.59 | 0.97 |
Long-Term Debt | 10,930 | 13,076 |
Long-Term Debt excl. Capitalized Leases | 3,355 | 5,333 |
Non-Convertible Debt | 3,355 | 5,333 |
Total Liabilities | 22,458 | 24,981 |
Common Equity (Total) | 6,003 | 5,833 |
Common Stock Par/Carry Value | 1,181 | 1,205 |
Retained Earnings | 5,509 | 4,974 |
Total Shareholders' Equity | 6,003 | 5,833 |
Total Equity | 6,003 | 5,833 |
Liabilities & Shareholders' Equity | 28,461 | 30,814 |
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