Question 17 (10 points) The following ratios have been calculated for Advanced Chip Technologies. Analyze the capital structure, long and short term solvency, liquidity, activity and profitability of Advanced Chip Technologies. (8 marks) What are your observations of their operating strategies as a result of your analysis. (8 marks) Grades will not be awarded for descriptive comments. For example, no grades will be assigned for simply stating that the debt ratio increased. Estimated time: 16 mins Dec-15 Dec-16 Dec-17 Dec-18 0.60 0.70% -2.10% 32.90 3.205 -3.70N 22.15 23.9 49.8% 55.0N 45.2 49.23 21.90% 22.6026 34.20% 43.40% 34.80% 32 20, 20% 20.60% 28. Sos 48.80 41.60% 35.60% 0.3% OBX 19X 4.7 X 2.4 3 0.3x DX 2.x PROFITABILITY Return on Assets Return on Capital Return on Equity Gross Margin Operating Margins NPMN ACTIVITY Total Asset Tumover Fixed Asset Turnover Receivable Tumover Inventory Turnover LIQUIDITY Current RO Ratio Avg Days See Outstandine Av Days inventores Duits Avenes Payables Outstand CAM Cach conversion Cycle LEVERAGE To Debit Detal X 9.2x 17.9X 22.04 15.9 3.1 ILEX DEK 11. X 10. 295 In 1345 23.0 14 22 2014 43 3.5 504 100 1. 12 17 Et DOS 00 4. 27.11 NA NA 470 EN PA 16 Scapit Tablet Question 17 (10 points) The following ratios have been calculated for Advanced Chip Technologies. Analyze the capital structure, long and short term solvency, liquidity, activity and profitability of Advanced Chip Technologies. (8 marks) What are your observations of their operating strategies as a result of your analysis. (8 marks) Grades will not be awarded for descriptive comments. For example, no grades will be assigned for simply stating that the debt ratio increased. Estimated time: 16 mins Dec-15 Dec-16 Dec-17 Dec-18 0.60 0.70% -2.10% 32.90 3.205 -3.70N 22.15 23.9 49.8% 55.0N 45.2 49.23 21.90% 22.6026 34.20% 43.40% 34.80% 32 20, 20% 20.60% 28. Sos 48.80 41.60% 35.60% 0.3% OBX 19X 4.7 X 2.4 3 0.3x DX 2.x PROFITABILITY Return on Assets Return on Capital Return on Equity Gross Margin Operating Margins NPMN ACTIVITY Total Asset Tumover Fixed Asset Turnover Receivable Tumover Inventory Turnover LIQUIDITY Current RO Ratio Avg Days See Outstandine Av Days inventores Duits Avenes Payables Outstand CAM Cach conversion Cycle LEVERAGE To Debit Detal X 9.2x 17.9X 22.04 15.9 3.1 ILEX DEK 11. X 10. 295 In 1345 23.0 14 22 2014 43 3.5 504 100 1. 12 17 Et DOS 00 4. 27.11 NA NA 470 EN PA 16 Scapit Tablet