Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show excel formulas. Thanks 5. See the below table for the Dog Voices Corporation (DVC): a. Pick any three (3) ratios and explain on

image text in transcribed

Please show excel formulas.

Thanks

5. See the below table for the Dog Voices Corporation (DVC): a. Pick any three (3) ratios and explain on the strengths and weaknesses of its performance from 2020 to 2021. Type out the answers in the Excel answer shee b. Then, pick any three (3) other ratios, and compare DVC in 2021 to the industry. Ratio Analysis 2021 2020 Industry Avga Liquidity Current ratio 2.33 2.11 2.7 Acid-Test Ratio 0.85 0.69 1.36 Asset Management Inventory turnoverb 5.74 4.47 7.0 Days sales outstandinge 41.79 37.94 32 Fixed assets turnoverb 9.84 11.89 13.0 Total assets turnoverb 1.81 2.18 2.6 Profitability Return on assets 3.00% 4.7696 9.196 Return on equity 12.2296 11.4796 18.2% Profit margin .4396 2.84% 3.596 Debt Management Debt-to-assets ratio 64.8196 49.81% 50.0% Market Value PIE ratio 3.43 5.65 6.0 Price/cash flow ratio 1.60 2.16 3.5 a Industry average ratios have been constant for the past 4 years. b Based on year-end balance sheet figures. c Calculation is based on a 365-day year

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

23rd Edition

978-0324662962

More Books

Students also viewed these Accounting questions

Question

List five kinds of energy.

Answered: 1 week ago

Question

What is multiple outcomes design? Explain.

Answered: 1 week ago

Question

Types of curriculum ?

Answered: 1 week ago

Question

Curriculum analysis: main points explain?

Answered: 1 week ago

Question

Advantages of team teaching ?

Answered: 1 week ago

Question

Describe the ethics of marketing.

Answered: 1 week ago