Selectod deh tom Terlor Fim (Clok ine icon ro verw seinciea baiknce sheot data) industy avwoges have beon gothered tor seveat natos (Click the icon (6 vew the ratios ) Pead the inouinements De company? Requirements 1. Peasem a tiend andyis on fiplers wes tevenue, inventary, and recelvables over the poit three years, using 2018 as the toset is the frend in eqch of these areas lavorathe of imerorate for the compony? thueu years is the tolkwing areas a. inidity c. Overall debt poyenent tbeity b. Tienower d. Prottabcity 3. Fvevale Tayors quasty of earwas Avo there any red tadin your aneyse? Explan Data table Taylor Furniture, Inc, follows. to view selected balance sheet data) (Click the icon to view selected income statement data) have been gathered for several ratios to view the ratios) Data table Data table Selected data from Taylor Furniture, Inc, follows. (Ceck the icon to view selected batance sheot data.) (Click the icon to view selected income statement data.) Industry avorages have been gathered for severai ratios. (Click the icon to view the ratios.) Read the roquirements. Requirement 1. Perform a trend analysis on Taylor's sales, fevenue, irwentory, and recoivablos ovor the past theo years, using 2018 as the base. Is the brend in each of these areas favorable or unfavorable for the oompany? Begin by calculating the trend analysis. (Round the ratios to the nearest whole porcent, X% ). Data table Data table Furniture industry averages Current ratio 2.1 Quick ratio 1.0 Days' inventory outstanding 83.5 Days' sales outstanding 42.1 Days' payable outstanding 25.5 Debt ratio 66% Times-interest-earnedratio25.2 Gross margin percentage 53% Operating income percentage 16% Data table Requirements 1. Perform a trend analysis on Taylor's sales revenue, inventory, and receivables over the past three years, using 2018 as the base. Is the trend in each of these areas favorable or unfavorable for the company? 2. Using the industry averages as benchmarks, analyze Taylor's performance over the past three years in the following areas: a. Liquidity c. Overall debt payment ability b. Turnover d. Profitability Selectod deh tom Terlor Fim (Clok ine icon ro verw seinciea baiknce sheot data) industy avwoges have beon gothered tor seveat natos (Click the icon (6 vew the ratios ) Pead the inouinements De company? Requirements 1. Peasem a tiend andyis on fiplers wes tevenue, inventary, and recelvables over the poit three years, using 2018 as the toset is the frend in eqch of these areas lavorathe of imerorate for the compony? thueu years is the tolkwing areas a. inidity c. Overall debt poyenent tbeity b. Tienower d. Prottabcity 3. Fvevale Tayors quasty of earwas Avo there any red tadin your aneyse? Explan Data table Taylor Furniture, Inc, follows. to view selected balance sheet data) (Click the icon to view selected income statement data) have been gathered for several ratios to view the ratios) Data table Data table Selected data from Taylor Furniture, Inc, follows. (Ceck the icon to view selected batance sheot data.) (Click the icon to view selected income statement data.) Industry avorages have been gathered for severai ratios. (Click the icon to view the ratios.) Read the roquirements. Requirement 1. Perform a trend analysis on Taylor's sales, fevenue, irwentory, and recoivablos ovor the past theo years, using 2018 as the base. Is the brend in each of these areas favorable or unfavorable for the oompany? Begin by calculating the trend analysis. (Round the ratios to the nearest whole porcent, X% ). Data table Data table Furniture industry averages Current ratio 2.1 Quick ratio 1.0 Days' inventory outstanding 83.5 Days' sales outstanding 42.1 Days' payable outstanding 25.5 Debt ratio 66% Times-interest-earnedratio25.2 Gross margin percentage 53% Operating income percentage 16% Data table Requirements 1. Perform a trend analysis on Taylor's sales revenue, inventory, and receivables over the past three years, using 2018 as the base. Is the trend in each of these areas favorable or unfavorable for the company? 2. Using the industry averages as benchmarks, analyze Taylor's performance over the past three years in the following areas: a. Liquidity c. Overall debt payment ability b. Turnover d. Profitability
