Question
Need the following answers to the ratios below for Tim Horton's company. Answers must be for the 2016 year. Please show your work so I
Need the following answers to the ratios below for Tim Horton's company. Answers must be for the 2016 year. Please show your work so I can understand where you got your answers from
Profitability Ratios
Return on Total Assets
Return on stockholders equity
Return on common equity
Operating profit margin
Net Profit margin
Liquidity Ratios
Current Ratio
Quick Ratio
Inventory to net working capital
Leverage Ratios
Debt-to-assets
Debt-to-equity
Long-term debt-to-equity
Times-interest-earned
Fixed charge coverage
Activity Ratios
Inventory Turnover
Fixed-assets turnover
Total assets turnover
Accounts receivables turnover
Average collecting period
Shareholders Return Ratios
Dividend yield common stock
Price-earnings ratio
Dividend payout ratio
Cash flow per share
2017 vs. 2016 2016 vs. 2015 Variance Excluding VarianceImpact (b) FX Impact Variance Impact (b) FX Impact Variance Excluding FX FX Consolidated 2017 2016 2015 Favorable (Unfavorable) Revenues S 2,390.3 S 2,204.7 S 2,169.0 S 185.6 39.8 S 145.8 100.9 106.9 207.8 35.7 S(65.2) es Franchise and property revenues 2,185.8 4,576.1 (49.0) (114.2) 1,941.1 1,883.2 244.7 226.5 57.9 Total revenues 4,145.8 4,052.2 430.3 372.3 93.6 Operating costs and expenses: Cost of sales Franchise and property expenses Selling, general and administrative expenses Income) loss from equity 1,850.3 477.6 415.5 1,727.3 454.1 318.6 (20.2) 1,809.5 503.2 437.7 (123.0) (23.5) (96.9) 82.2 52.0 30.2 method investments Other operating expenses (income), net 109.2 105.5 (109.9) (109.8) 106.2 103.9 Total operating costs and expenses 2,840.2 1,735.9 512.2 2,479.1 1,666.7 466.9 2,860.0 1,192.2 478.3 40.0 673.9 162.2 (315.6) 380.9 (361.1) 69.2 (45.3) 68.0 312.9 Income from operations Interest expense, net Loss on early extinguishment of 12.5 56.7 474.5 (46.2) 520.7 debt 40.0 (122.0) 110.6) 378.2 22.0 (122.0) Income before income taxes 1,199.8 525.9 45.6) Income tax (benefit) expense (133.6) 243.9 377.5 (79.8) Net income $ 1,235.3 S 955.9 $ 511.7 S 279.4 S 11.8 S 267.6 S 444.2 S (47.5) $ 491.7Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started