Question 6 of 20 0.77 / 1.2 III Blossom Appliances Corporation Balance Sheet as of December 31, 2017 Assets: Liabilities Equity: Cash and cash equivalents $437,250,000 Short-term borrowings $87,832,398 Accounts receivable 889.620,300 Trade accounts payable 350,203,488 Inventory 834,590,300 Other current liabilities 745,717,037 Other current assets 266,578,300 Total current assets $2,428,038,900 Total current liabilities $1,183,752,923 Net fixed assets 641,461,233 Long-term debt 900,518,673 Goodwill 100,646,553 Common stock 298,055,514 Other assets 565,299,946 Retained earnings 1,353,119,522 Total assets $3,735,446,632 Total liabilities and equity $3.735,446,632 Using the information from the financial statements, complete a comprehensive ratio analysis for Blossom Appliances Corporation. Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier. (Round answers to 2 decimal places, e.g. 12.25.) Leverage Ratios Total debt ratio times Debt-to-equity ratio times Equity multiplier times Calculate these coverage ratios: times interest earned, cash coverage. (Round answers to 2 decimal places, e.g. 12.25.) Coverage Ratios Times interest earned times Cash coverage times Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE. (Round answers to 2 decimal places, e.g. 12.25.) Profitability Ratios Gross Profit Margin .52 Net Profit Margin ROA ROE .75 Question 6 of 20 0.77 / 1.2 III Blossom Appliances Corporation Balance Sheet as of December 31, 2017 Assets: Liabilities Equity: Cash and cash equivalents $437,250,000 Short-term borrowings $87,832,398 Accounts receivable 889.620,300 Trade accounts payable 350,203,488 Inventory 834,590,300 Other current liabilities 745,717,037 Other current assets 266,578,300 Total current assets $2,428,038,900 Total current liabilities $1,183,752,923 Net fixed assets 641,461,233 Long-term debt 900,518,673 Goodwill 100,646,553 Common stock 298,055,514 Other assets 565,299,946 Retained earnings 1,353,119,522 Total assets $3,735,446,632 Total liabilities and equity $3.735,446,632 Using the information from the financial statements, complete a comprehensive ratio analysis for Blossom Appliances Corporation. Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier. (Round answers to 2 decimal places, e.g. 12.25.) Leverage Ratios Total debt ratio times Debt-to-equity ratio times Equity multiplier times Calculate these coverage ratios: times interest earned, cash coverage. (Round answers to 2 decimal places, e.g. 12.25.) Coverage Ratios Times interest earned times Cash coverage times Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE. (Round answers to 2 decimal places, e.g. 12.25.) Profitability Ratios Gross Profit Margin .52 Net Profit Margin ROA ROE .75
