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Just need help with the first photo, the other ones are my calculations for the problem. Thanks! Targel's retum on equity is 37.4%. (Round to
Just need help with the first photo, the other ones are my calculations for the problem. Thanks!
Targel's retum on equity is 37.4%. (Round to one decimal place.) How would you summarize the financial performance of Sears compared to Target (its benchmark firm)? (Select the best choices below.) Sears' current ratio is times. (Round to two decimal places.) Target's current ratio is times. (Round to two decimal places.) Sears' acid-test ratio is 1.03 times. (Round to two decimal places.) Target's acid-test ratio is times. (Round to two decimal places.) Sears' average collection period is 73.7 days. (Round to one decimal place.) Target's average collection period is 4.9 days. (Round to one decimal place.) Sears' accounts receivable turnover is 4.95 times. (Round to two decimal places.) Target's accounts receivable turnover is 75.00 times. (Round to two decimal places.) Sears' inventory turnover is 5.09 times. (Round to two decimal places.) Target's inventory turnover is 5.02 times. (Round to two decimal places.) 2. Capital Structure Ratios Sears' debt ratio is \%. (Round to one decimal place.) Target's debt ratio is \%. (Round to one decimal place.) Sears' times interest earned is 2.21 times. (Round to two decimal places.) Target's times interest earned is 4.92 times. (Round to two decimal places.) 3. Asset Management Efficiency Ratios Sears' total asset turnover is 1.06 times. (Round to two decimal places.) Target's total asset turnover is 2.56 times. (Round to two decimal places.) Sears' fixed asset turnover is 1.82 times. (Round to two decimal places.) Target's fixed asset turnover is 8.03 times. (Round to two decimal places.) Sears' gross profit margin is \%. (Round to one decimal place.) Target's gross profit margin is 32.0%. (Round to one decimal place.) Sears' operating profit margin is 1.3%. (Round to one decimal place.) Target's operating profit margin is 6.8%. (Round to one decimal place.) Sears' net profit margin is 0.7%. (Round to one decimal place.) Target's net profit margin is \%. (Round to one decimal place.) Sears' operating return on assets is 1.4%. (Round to one decimal place.) Target's operating return on assets is 17.4%. (Round to one decimal place.) Sears' return on equity is % (Round to one decimal place.) Target's return on equity is 37.4%. (Round to one decimal place.) Step by Step Solution
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