Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Joshua & White Technology* Decenber 31 Balance Sheets (Thousands of Dollars) Joshua & White Technology: Income Statements for Year Ending on December 31 (Thousands of

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Joshua \& White Technology* Decenber 31 Balance Sheets (Thousands of Dollars) Joshua \& White Technology: Income Statements for Year Ending on December 31 (Thousands of Dollars) Joshua \& White Technology: Income Statements for Year Ending on December 31 (Thousands of Dollars) The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer Do not round intermediate calculation5. Round your answers to two decimal places. If your answer is zero epter tos. 3. Has J8W's liquidity position improved or worsened? Explain. The firm's current ratio has , and the quick ratio has , indicating that Jaw's liquidity position has b. Has JsW's ablity to manage its assets improved or worsened? Explain. Assume that there are 365 days in a year. The firm's inventory turnover has , the DSO has , the fixed assets turnover has 1. and the total assets *umover has , indicating that j8w's ability to manage its assets has c. How has Jswr's profitability changed during the last year? The firm's profit margin has , the basic earning power has 1 , the return on assets has equity has 1. indicating that JeW's profitability has d. Perform an extended Dupont analysis for 38W for 2020 and 2021 . What do these results tell you? The ROE has because the profit margin has , and the equity multiplier has asset turnover ratio has Joshua \& White Technology: Common size Income Statements for Year Ending on December 31 What has happened to the composition (that is, percentage in each category) of assets and liabilities? Inventories now make up a proportion of current assets and accounts payable make up a proportion of eurrent liabilities. f. Perform a percentage change analysis. Joshua \& White Technology: December 31 Percent Change Balance Sheet f. Perform a percentage change analysis. Joshua \& White Technology: Percent Change Income Statement for Year Ending on December 31 What does this tell you about the change in proftability and asset utilization? The profitablity has . However, the extreme growth in should be of great concern to J\&W's managers. Joshua \& White Technology* Decenber 31 Balance Sheets (Thousands of Dollars) Joshua \& White Technology: Income Statements for Year Ending on December 31 (Thousands of Dollars) Joshua \& White Technology: Income Statements for Year Ending on December 31 (Thousands of Dollars) The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer Do not round intermediate calculation5. Round your answers to two decimal places. If your answer is zero epter tos. 3. Has J8W's liquidity position improved or worsened? Explain. The firm's current ratio has , and the quick ratio has , indicating that Jaw's liquidity position has b. Has JsW's ablity to manage its assets improved or worsened? Explain. Assume that there are 365 days in a year. The firm's inventory turnover has , the DSO has , the fixed assets turnover has 1. and the total assets *umover has , indicating that j8w's ability to manage its assets has c. How has Jswr's profitability changed during the last year? The firm's profit margin has , the basic earning power has 1 , the return on assets has equity has 1. indicating that JeW's profitability has d. Perform an extended Dupont analysis for 38W for 2020 and 2021 . What do these results tell you? The ROE has because the profit margin has , and the equity multiplier has asset turnover ratio has Joshua \& White Technology: Common size Income Statements for Year Ending on December 31 What has happened to the composition (that is, percentage in each category) of assets and liabilities? Inventories now make up a proportion of current assets and accounts payable make up a proportion of eurrent liabilities. f. Perform a percentage change analysis. Joshua \& White Technology: December 31 Percent Change Balance Sheet f. Perform a percentage change analysis. Joshua \& White Technology: Percent Change Income Statement for Year Ending on December 31 What does this tell you about the change in proftability and asset utilization? The profitablity has . However, the extreme growth in should be of great concern to J\&W's managers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions