Question
Part I. Ratio Computation (20 points) You are required to compute the ratios listed below for each of the three years for your project. For
Part I. Ratio Computation (20 points) You are required to compute the ratios listed below for each of the three years for your project. For every calculation, show the reference to the page number of the annual report where the ratio components were found. For numbers that have been restated in more current years, you are to use the most current years report available. Do not use ratios computed by industry sources; you are to compute your own. If a certain ratio cannot be computed, explain this fact. 1.Current ratio 2.Debt to Equity3.Debt to Assets4.Asset Turnover (an efficiency measure)5.Return on Sales or Net Profit Margin (a profitability measure)6.Return on equity7.Return on Investment8.Earnings Per Share9.A/R Turnover ratio & Average Days to Collect10.Inventory Turnover & Average Days to Sell
Part II. (15 points) Answer the following questions for each of the three years for your company. Show the reference to the page number of the annual report where you looked to answer each question. A.What does the company report as an extraordinary item, discontinued operations or change in accounting principle?B.What inventory costing method(s) is used?C.What depreciation method(s) is used?D.Compare the cash inflow (outflow) differentiated between operating, financing and investing activities. Briefly interpret this.E.Describe the classes of stock for the company, commenting on the relative significance of each.F.Who is the company's auditor?G.Is the auditor's opinion unqualified or qualified? If qualified, explain the reason(s) for the qualification.
Part III. Ratio Discussion (15 points) Prepare an interpretation of the ratio trends computed in Part 1; while each of the 10 ratios should be interpreted, an integrated holistic analysis is preferred to a list. No more than one single spaced typed page is allowed, for this portion, although thorough discussion is required. Please consider your audience when you write this, as you would any written work.
Page#refrenced 2020 2019 81 75 81 75 2018 76 76 76 76 81 75 81 81 75 2020 1653 2180 22950 9080 32030 5794 29393 887 1300 29850 871 Years 2019 1431 2505 20732 8201 28933 5910 28074 834 1267 26428 828 246 2018 1533 2687 19442 7773 27215 6291 26580 821 1357 24528 815 75 75 74 + 80 81 75 76 76 75 80 answer# Particulars Current assests Current liabilities Total debt Shareholder's EQ Total assets Sales Ave total asset Net income EBIT Capital employed Net inc (common sha Outstanding number Ave. account recieva 1 current ratio 2 Debt to EQ 3 debt to Assets 4 Asset turnover ratio 5 Return of sales 6 return of EQ 7 Return on Investmer 8 Earning Per share 9 A/R turnover ratio 10 Ave. Days to collect 80 75 74 74 75 74 81 76 75 80 253 244 80 75 74 75 428 454 81 76 436 0.76 0.57 0.57 2.53 0.72 0.20 15.30 977.00% 4.36 344% 13.29 27.46 2.53 2.50 0.72 0.71 0.21 0.24 14.11 13.05 10.17 10.56 4.79 5.53 3.37 3.34 13.81 13,86 26.43 26.34Step by Step Solution
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