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Required information Use the followlng Information for the Qulck Studles below. (Algo) 2S 13.7 (Algo) Trend percents LO P1 letermine the Prlor Year and Current Year trend percents for net sales using the Prlor Year as the base year. (Enter the answers in housands of dollars.) Required information Use the following Informatlon for the Exerclses below. (Algo) [The following information applles to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: Exercise 137 (Algo) Analyzlng Ilquidity LO P3 (1-a) Compute the current ratlo for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year perlod? (2-a) Compute the acid-test ratlo for each of the three years. (2-b) Did the acid-test ratio Improve or worsen over the three-year perlod? Complete this question by entering your answers in the tabs below. Compute the current ratio for each of the three years. Required information Use the following Informatlon for the Exerclses below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratlos: Exerclse 13-6 (Algo) Common-size percents LO P2 1. Express the balance sheets in common-size percents. 2 Assuming annual sales have not changed in the last three years, is the change in accounts recelvable as a percentage of total assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise Inventory as a percentage of total assets favorable or unfavorable? Complete this question by entering your answers in the tabs below. Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratlos: Exerclse 1311 (Algo) Analyzlng profltability LO P3 The company's income statements for the Current Year and 1 Year Ago, follow. Additional Information about the company follows. For both the current year and one year ago, compute the following ratlos: 1. Return on equity. 2 Dividend yleld. 3a. Price-earnings ratio on December 31 . 3b. Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Compute the return on equity for each year. Required information Exerclse 138 (Algo) Analyzlng and Interpreting llquldlty LO P3 [Alternate Verslon] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the current year and one year ago follow. Assume that all sales are on credit: Exerclse 138 (Algo) Part 1 [Alternate Version] (1-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute days' sales uncollected. Required information Exerelse 138 (AlgO) Analyzlng and Interpreting llquldlty LO P3 [Alternate Verslon] [The following information applies to the questions ollsplayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the current year and one year ago follow. Assume that all sales are on credit: Exerclse 13-8 (Algo) Part 2 [Alternate Version] (2-a) Compute accounts recelvable turnover. (2-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute accounts receivable turnover. Required information Exerclse 13-8 (Algo) Analyzing and Interpreting llquldlty LO P3 [Alternate Verslon] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the current year and one year ago follow. Assume that all sales are on credit: Exerclse 138 (Algo) Part 3 [Alternate Version] (3-a) Compute inventory turnover. (3-b) For each ratlo, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute inventory turnover. Required information Exerclse 138 (Algo) Analyzlng and Interpreting llquldlty LO P3 [Alternate Verslon] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the current year and one year ago follow. Assume that alls Exerclse 138 (Algo) Part 4 [Alternate Verslon] (4-a) Compute days' sales in Inventory. (4-b) For each ratlo, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute days' sales in inventory. Required information Exerclse 13-9 (Algo) Analyzing rlsk and capltal structure LO P3 [Alternate Verslon] [The following information applles to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the current year and one year ago, follow. Exercise 139 (Algo) Part 1 [Alternate Version] (1) Compute debt and equity ratio for the current year and one year ago. Exerclse 13-9 (Algo) Analyzlng rlsk and capltal structure LO P3 [Alternate Version] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the current year and one year ago, follow. Exerclse 139 (Algo) Part 2 [Alternate Verslon] (2-a) Compute debt-to-equity ratio for the current year and one year ago. (2-b) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago. Required information Exerclse 13-9 (Algo) Analyzlng rlsk and capltal structure LO P3 [Alternate Verslon] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the current year and one year ago, follow. Exerclse 139 (Algo) Part 3 [Alternate Version] (3-a) Compute times interest earned for the current year and one year ago. (3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute times interest eamed for the current year and one year ago. Required information Exerclse 1310 (Algo) Analyzlng efflclency and profltablilty LO P3 [Alternate Verslon] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratlos: Exerclse 1310 (Algo) Part 1 [Alternate Verslon] (1-a) Compute profit margin ratio for the current year and one year ago. (1-b) Did profit margin Improve or worsen In the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute profit margin ratio for the current year and one year ago. Required information Exerclse 13-10 (Algo) Analyzlng efflelency and profltabillty LO P3 [Alternate Version] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratlos: Exerclse 1310 (Algo) Part 2 [Alternate Version] (2) Compute total asset turnover for the current year and one year ago. Required information Exerclse 1310 (Algo) Anelyzlng efflclency and profltabllity LO P3 [Alternate Verslon] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's Income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: Exerclse 1310 (Algo) Part 3 [Alternate Version] (3-a) Compute return on total assets for the current year and one year ago. (3-b) Based on return on total assets, did Simon's operating efficlency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute return on total assets for the current year and one year ago
