Question
Historical Ratios 12/31/16 12/31/17 Current Ratio Quick Ratio Total Debt to Total Assets Ratio Times Interest Earned Ratio
Historical Ratios
12/31/16 12/31/17 Current Ratio
Quick Ratio
Total Debt to Total Assets Ratio
Times Interest Earned Ratio
Inventory Turnover
Fixed Assets Turnover
Total Assets Turnover
Accounts Receivable Turnover
Average Collection Period
Gross Profit Margin %
Operating Profit Margin %
ROA%
ROE%
Historical Ratios | ||
12/31/16 | 12/31/17 | |
Current Ratio | ||
Quick Ratio | ||
Total Debt to Total Assets Ratio | ||
Times Interest Earned Ratio | ||
Inventory Turnover |
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Fixed Assets Turnover |
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Total Assets Turnover |
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Accounts Receivable Turnover |
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Average Collection Period |
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Gross Profit Margin % |
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Operating Profit Margin % |
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ROA% |
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ROE% |
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EXHIBIT 2 Caesars' Income Statements (in millions USD) Income Statement 1 2/31/1 6 12/31/17 Percent Change Revenues $3,877 $4,852 25.15% Cost of Goods Sold 1,760 2,243 27.44% Gross Profit 2,117 2,609 23.24% Operating Expenses 1,890 2,077 9.89% EBIT 227 532 134.36% Interest Expense 599 774 29.22% EBT (372) (242) 34.95% Tax 6,457 382 -94.08% Non-Recurring Events 3,781 249 -93.41% Net Income (3,048) (375) 87.70% Source: Based on 2017 4Q Report and other company data.
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