Question
Item 2018 2019 Accounts Payable 120.0 150.0 Accounts Receivable 150.0 180.0 Accumulated Depreciation 330.0 360.0 Cash & Cash Equivalents 10.0 12.0 Common Stock 150.0 200.0
Item | 2018 | 2019 |
Accounts Payable | 120.0 | 150.0 |
Accounts Receivable | 150.0 | 180.0 |
Accumulated Depreciation | 330.0 | 360.0 |
Cash & Cash Equivalents | 10.0 | 12.0 |
Common Stock | 150.0 | 200.0 |
Cost of Goods Sold | 750.0 | 850.0 |
Depreciation | 25.0 | 30.0 |
Interest Expense | 30.0 | 33.0 |
Inventory | 200.0 | 180.0 |
Long-term Debt | 150.0 | 150.0 |
Gross Plant & Equipment | 650.0 | 780.0 |
Retained Earnings | 208.5 | 225.0 |
Sales | 1,500.0 | 1,700.0 |
SG&A Expenses | 500.0 | 570.0 |
Notes Payable | 51.5 | 67.0 |
Tax Rate | 21% | 21% |
How much did Thompson Company spend in acquiring fixed assets in 2019?
How much dividend did Thompson Company pay out during 2019?
Using the end of year numbers, did the long-term solvency ratios improve or deteriorate from 2018 to 2019? Answer this question using at least two long-term solvency ratios.
Using the end of year numbers, did the asset management efficiency improve or deteriorate from 2018 to 2019? Answer this question using at least two asset management financial ratios.
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