Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have the provide 2 risk factors with my decision to support Waste Connection. I am not sure how to analyze this data. Please help

I have the provide 2 risk factors with my decision to support Waste Connection. I am not sure how to analyze this data. Please help me provide 2 risk factors. Thank you. Here is the data:

Asset utilization

2020

Receivable turnover=5,445,990/630,264=8.641times

Average collection period=630,264/14,921=42 days

Accounts payable turnover=3,276,808/695,743=4.710times

Accounts payable average period=695,743/8,977=77days

Capital asset turnover=5,445,990/5,455,429=0.998times

Total asset turnover=5,445,990/13,992,364=.389 times

2019

Receivable turnover=5,338,679/662,808=8.130 times

Average collection period=609,808/14,763=45 days

Accounts payable turnover=3,198,757/707,836=4.519 times

Accounts payable average period=707,836/8,764=80 days

Capital asset turnover=5,388,679/5,699.567=.945 times

Total asset turnover=5,388,679/13,737,695=0.392 times

2018

Receivable turnover=4,922,941/609,545=8.076 times

Average collection period=609,545/13,487=45 days

Accounts payable turnover=2,865,704/636,875=4.500 times

Accounts payable average period=636,875/7,851=81 days

Capital asset turnover=4,922,941/5,168,996=0.952 times

Total asset turnover=4,922,941/12,627,329=0.390 times

2017

Receivable turnover=4,630,488-554,458=8.351 times

Average collection period=554,458/12,686=44 days

Accounts payable turnover=2,704,775/613,756=4.407 times

Accounts payable average period=613,756/7,410=82days

Capital asset turnover=4,630,488/4,820,934=0.960 times

Total asset turnover=4,630,488/12,014,681=0.385 times

Leverage

2020

Debt to total assets=7,128,926/13,992,364=0.509

Times interest earned(TIE)416,289/162,375=2.564

Fixed charges coverage=416,289/201,314=2.068

Debt/Equity=7,128,926/6,859,273=1.039

2019

Debt to total assets=6,799,341/13,737,695=0.495

Times interest earned(TIE)=853,259/147,368=5.790

Fixed charges coverage=853,259/177,762=4.800

Debt/Equity=6,699,341/6,933,504=0.981

2018

Debt to total assets= 6,167,141/12,627,329=0.488

Times interest earned(TIE)=839,244/132,104=6.353

Fixed charges coverage=839,244/152,408=5.507

Debt/Equity=6,167,141/6,454,608=0.955

2017

Debt to total assets=5,740,611/12,014,681=0.478

Times interest earned(TIE)=633,807/125,297=5.058

Fixed charges coverage=633,807/156,179=4.058

Debt/Equity=5,740,611/6,268

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

Foreign Direct Investment Smart Approaches To Differentiation And Engagement

Authors: Daniel Nicholls

1st Edition

1409423573,1409471381

More Books

Students also viewed these Finance questions

Question

1. What is Ebola ? 2.Heart is a muscle? 3. Artificial lighting?

Answered: 1 week ago