Question
Pls, provide formulas and full step-by-step workings for your answers for each question, Also, pls number each answer for easy identification. Thanks; Java, Inc.. Four
Pls, provide formulas and full step-by-step workings for your answers for each question, Also, pls number each answer for easy identification. Thanks;
Java, Inc.. | |||||
Four Year Selected Financial Data | |||||
Year Ended January 31, 2013-2010 | |||||
Operating Results | 2013 | 2012 | 2011 | 2010 | |
Net Sales | 13,848 | 13,673 | 11,635 | 9,054 | |
Cost of Goods Sold | 9,704 | 8,599 | 6,775 | 5,318 | |
Interest Expense | 109 | 75 | 45 | 46 | |
Income from Operations | 338 | 1,455 | 1,817 | 1,333 | |
Income Tax Expense | 100 | 263 | 338 | 247 | |
Net Income (net loss) | -8 | 877 | 1,127 | 824 | |
Cash Dividends | 76 | 75 | 76 | 77 | |
Financial Position | |||||
Merchandise Inventory | 1,677 | 1,904 | 1,462 | 1,056 | |
Total Assets | 7,591 | 7,012 | 5,189 | 3,963 | |
Current Ratio | 1.48:1 | 0.95:1 | 1.25:1 | 1.20:1 | |
Stockholders equity | 3,010 | 2,928 | 2,640 | 1,574 | |
Average number of shares of Common Stock | |||||
outstanding (000) | 860 | 879 | 895 | 576 | |
Using the financial data presented above, compute the following ratios and evaluate Java's results of 2011-2013 | |||||
2013 | 2012 | 2011 | |||
1. Rate of return on net sales | |||||
2. Earnings per share | |||||
3. Inventory Turnover | |||||
3. Times-Interest Earned Ratio | |||||
4. Rate of Return on Common Stockholders' equity | |||||
5. Gross profit percentage | |||||
Show all calculations. |
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