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I NEED ANSWERED ASAP EVERYTHING IN YELLOW I NEED ANSWERED IN THAT FORMAT THANK YOU DATA IS IN SECOND PICTURE THAT IS THE JNFORMATION GUVEN
I NEED ANSWERED ASAP
EVERYTHING IN YELLOW I NEED ANSWERED IN THAT FORMAT
THANK YOU
DATA IS IN SECOND PICTURE
Brizil... Part 2 Refer to Exercise 14.14 (Create 332, page 668) Ratio Analysis ...Two Similar Companies Compute "a." through "d." and choose which company is the stronger (give an explanation in box indicated) Show work (calculations) ONLY in boxes indicated. Deduct.5 for incorrect entry of work (calculations shown) out of 70 a. Compute net income Deduct 2 for wrong ans. a1 Italian Marble Co. X a2 Brizil Stone Products $1,200,000 b. Compute net income as a percetage of stockholders' equity b1 Italian .. $54,000 $ 9% b2 $400,000 20% c. Compute accounts receivable turnover c1 Italian .. $1,800,000 c2 Brizil ... d. Compute inventory turnover d1 Italian .. ($ $1,080,000 -- 4.5 d2 Brizil ... ($ 70% $840,000 e. Which company is in the stronger position? Deduct 1 each wrong e1 Italian .. Enter "Y" if Italian Marble is stronger (or leave blank): e2 Brizil... Enter "Y" if Brazil Stone is stronger (or leave blank): 1. Give a brief explanation Deduct 1 to 3 for poor explanation out of 70 f Enter Enter 6 Part 3 Refer to Problem 14.4A (Create 335, page 671) Liquidity of Kroger Company Deduct.5 for incorrect entry of work (calculations shown) out of 70 (in millions of dollarel Dividends of $16,000 were declared and paid Compute the following: Current ratio for 2015 and 2014. b. Debt to c. Earnings per share for 2015. part a a. LO14-7 EXERCISE 14.14 Ratio Analysis for Two Similar Companies Selected data from the financial statements of Italian Marble Co. and Brazil Stone Products for the year just ended follow. Assume that for both companies dividends declared were equal in amount to net earnings during the year and therefore stockholders' equity did not change. The two compa- nies are in the same line of business. Total liabilities Total assets Sales (all on credit) Average inventory Average receivables Gross profit as a percentage of sales Operating expenses as a percentage of sales Net income as a percentage of sales Italian Brazil Stone Marble Co. Products $ 200,000 $ 100,000 800,000 400,000 1,800,000 1,200,000 240,000 140,000 200,000 100,000 40% 30% 36% 25% 3% 5% Compute the following for each company and state a brief conclusion about which company is in the stronger financial position. Net income. b. Net income as a percentage of stockholders' equity. c. Accounts receivable turnover. d. Inventory turnover THAT IS THE JNFORMATION GUVEN TK SOLVE THE QUESTION
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