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Please show all steps and work. Any help will be appreciated and thank you for your time! Consider the financial statements for Nano Networks, Inc.
Please show all steps and work. Any help will be appreciated and thank you for your time!
Consider the financial statements for Nano Networks, Inc. The closing stock price for Nano Network was $56.67 (split adjusted) on December 31, 2005. On the basis of the financial data presented, compute the various financial ratios and make an informed analysis of Nano's financial health. . Debt ratio 2. Times-interest-earned ratio 3. Current ratio 4. Quick (acid-test) ratio 5. Inventory turnover ratio 6. Day's sales outstanding 7. Total assets turnover 8. Profit margin on sales 9. Return on total assets 10. Return on common equity II. Price-to-earnings ratio 12. Book value per share Dec. 2005 U.S. $ (000) Dec. 2004 U.S. $ (000) (Year) (Year) Balance Sheet Summary Cash 158,043 20,098 285,116 Securities 24,582 Receivables 8,056 632 Allowances Inventory 28,834 Current assets 377,833 Property and equipment, net 20,588 10,569 Dec. 2005 U.S. $ (000) (Year) Dec. 2004 U.S. $ (000) (Year) Depreciation 2,867 8,172 Total assets 513,378 36,671 55,663 Current liabilities 14,402 Bonds Preferred mandatory Preferred stock Common stock 1 Other stockholders' equity Total liabilities and equity 17,064 457,713 513,378 36,671 Income Statement Summary Total revenues 102,606 3,807 Cost of sales 45,272 4,416 Other expenses 31,661 71,954 Loss provision Interest income 8,011 1,301 Income pretax -6,609 -69 Income tax 2,425 - 30,971 Income continuing -9,034 - 9,034 - 30,971 Net income EPS primary - $0.80 - $0.1 -$0.10 -$0.80 EPS diluted -$0.05 -$0.40 (split adjusted) (split adjusted)Step by Step Solution
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