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Questions: 1- Calculate the financial ratios for the company 2- Complete the financial analysis report for the company. 3- Whats your recommendation? Sun-Rype Products Ltd.,
Questions: 1- Calculate the financial ratios for the company 2- Complete the financial analysis report for the company. 3- Whats your recommendation?
Sun-Rype Products Ltd., with its head office in Vancouver, manufactures juice-based beverages, fruit snacks, and energy bars. Its 2011 balance sheet and income statement follow. 2011 Sun-Rype Products Ltd. Balance Sheet As at December 31 (In thousands of dollars) 2012 Assets Cash $ 571 Trade and other receivables 13,672 Inventoiles 31,794 Prepaid expenses 579 Other current assets 2,244 Property, plant and equipment. 46,195 Goodwill 1,084 Total assets $96.139 Liabilities and Equity Trade and other payables $19,479 Income taxes payable -0- Short-term loans 11,104 Other current liabilities 1,297 Long-term loans 14,458 Other long-term abilities Share capital 17,724 Contributed surplus 794 Retained earnings 27,914 Accumulated other comprehensive loss (53) Total abilities and equity......... $96.139 $ 2,928 14,260 24,961 450 -0- 39,719 -- 182318 Sun-Rype Products Ltd. Income Statement For Years Ended December 31 (In thousands of dollars) 2012 2011 Net sales $147,529 $138,185 Cost of sales (126,311) (104,867) Sales and marketing expenses (14,721) (13,697) Distribution expenses... (7,352) (7,862) General and admin expenses (6,410) (5,315) Loss on disposal of property plant and equipment (57) -0. Interest expense (714) (142) Other revenues (expenses) (1.779) Net Income (loss)... (5,687) $ 4,503 2,349 $18,061 377 2,512 639 5,189 3,421 17,724 794 33,601 $82318Step by Step Solution
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