Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in mainland China. SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron

to 28 nanometer.

Headquartered in Shanghai, China, SMIC has an international manufacturing and service base. SMIC also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong.

The following information is taken from the Balance Sheet and Income Statement of Semiconductor Manufacturing International Corporation for the year 2016.

Semiconductor Manufacturing International Corporation

Balance Sheet ($ in Millions)

For the period ending Dec, 31, 2016

Assets

Liabilities and Owner?s Equity

Current Assets

Current Liabilities

Cash

400

Accounts payable

500

Accounts Receivables

600

Notes Payables

300

Inventory

1000

Total Current Liabilities

800

Total Current Assets

2,000

Long Term Liabilities

Fixed Assets

Long-Term Debt

200

Property , Plant, and Equipment

2,600

Total Long-Term Liabilities

200

Less Accumulated Depreciation

1,000

Net Fixed Assets

1,600

Owner?s Equity

Common Stock ($1 Par)

200

Capital Surplus

400

Retained Earnings

2,000

Total Owner?s Equity

2,600

Total Assets

3,600

Total Liabilities and Owners? Equity

3,600

Semiconductor Manufacturing International Corporation

Income Statement ($ in Millions)

For the period ending Dec, 31, 2016

Sales

5,400

Cost of Goods Sold

3,100

Administrative Expenses

1,100

Depreciation

139

4,339

Earnings Before Interest and Taxes

1,061

Interest Expense

20

Taxable Income

1,041

Taxes

117

Net Income

924

Dividends

201

Addition to Retained Earnings

723

Other Information

Number of Shares Outstanding (Millions)

200

Price per Share

20.37

Required:

Answer the following questions. Shows all your calculations

1.What is the Semiconductor Manufacturing International Corp. Current Ratio?

2.What is the Semiconductor Manufacturing International Corp. Acid Test Ratio?

3.What is the Semiconductor Manufacturing International Corp. Accounts Receivable Turnover Ratio?

4.What is the Semiconductor Manufacturing International Corp. Inventory Turnover Ratio?

5.What is the Semiconductor Manufacturing International Corp. Average of Collection Period Ratio?

6.What is the Semiconductor Manufacturing International Corp. Average Sales Period Ratio?

7.What is the Semiconductor Manufacturing International Corp. Fixed Assets Turnover Ratio?

8.What is the Semiconductor Manufacturing International Corp. Total Assets Turnover Ratio?

9.What is the Semiconductor Manufacturing International Corp. Times Interest Earned Ratio?

10.What is the Semiconductor Manufacturing International Corp. Debt Ratio?

11.What is the Semiconductor Manufacturing International Corp. Debt to Equity Ratio?

12.What is the Semiconductor Manufacturing International Corp. Equity Multiplier Ratio?

13.What is the Semiconductor Manufacturing International Corp. Profit Margin Ratio?

14.What is the Semiconductor Manufacturing International Corp. Return on Assets (ROA) Ratio?

15.What is the Semiconductor Manufacturing International Corp. Return on Equity (ROE) Ratio?

16.What is the Semiconductor Manufacturing International Corp. Retention Ratio?

17.What is the Semiconductor Manufacturing International Corp. Earnings Per Share Ratio?

18.What is the Semiconductor Manufacturing International Corp. Price/Earnings Ratio (P/E)?

19.What is the Semiconductor Manufacturing International Corp. Book Value Per Share Ratio?

20.What is the Semiconductor Manufacturing International Corp. Market to Book Ratio?

EJERCICIOS - RATIOS FINANCIEROS (40 puntos totales / 2 puntos cada uno) Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in mainland China. SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 28 nanometer. Headquartered in Shanghai, China, SMIC has an international manufacturing and service base. SMIC also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. The following information is taken from the Balance Sheet and Income Statement of Semiconductor Manufacturing International Corporation for the year 2016. Semiconductor Manufacturing International Corporation Balance Sheet ($ in Millions) For the period ending Dec, 31, 2016 Assets Current Assets Cash Accounts Receivables Inventory Total Current Assets Fixed Assets Property , Plant, and Equipment Less Accumulated Depreciation Net Fixed Assets Total Assets Liabilities and Owner's Equity 400 600 1000 2,000 2,600 1,000 1,600 3,600 Current Liabilities Accounts payable Notes Payables Total Current Liabilities 500 300 800 Long Term Liabilities Long-Term Debt Total Long-Term Liabilities 200 200 Owner's Equity Common Stock ($1 Par) Capital Surplus Retained Earnings Total Owner's Equity 200 400 2,000 2,600 Total Liabilities and Owners' Equity 3,600 Semiconductor Manufacturing International Corporation Income Statement ($ in Millions) For the period ending Dec, 31, 2016 Sales Cost of Goods Sold Administrative Expenses Depreciation Earnings Before Interest and Taxes Interest Expense Taxable Income Taxes Net Income Dividends Addition to Retained Earnings Other Information Number of Shares Outstanding (Millions) Price per Share Required: Answer the following questions. Shows all your calculations 5,400 3,100 1,100 139 4,339 1,061 20 1,041 117 924 201 723 200 20.37 1. What is the Semiconductor Manufacturing International Corp. Current Ratio? 2. What is the Semiconductor Manufacturing International Corp. Acid Test Ratio? 3. What is the Semiconductor Manufacturing International Corp. Accounts Receivable Turnover Ratio? 4. What is the Semiconductor Manufacturing International Corp. Inventory Turnover Ratio? 5. What is the Semiconductor Manufacturing International Corp. Average of Collection Period Ratio? 6. What is the Semiconductor Manufacturing International Corp. Average Sales Period Ratio? 7. What is the Semiconductor Manufacturing International Corp. Fixed Assets Turnover Ratio? 8. What is the Semiconductor Manufacturing International Corp. Total Assets Turnover Ratio? 9. What is the Semiconductor Manufacturing International Corp. Times Interest Earned Ratio? 10. What is the Semiconductor Manufacturing International Corp. Debt Ratio? 11. What is the Semiconductor Manufacturing International Corp. Debt to Equity Ratio? 12. What is the Semiconductor Manufacturing International Corp. Equity Multiplier Ratio? 13. What is the Semiconductor Manufacturing International Corp. Profit Margin Ratio? 14. What is the Semiconductor Manufacturing International Corp. Return on Assets (ROA) Ratio? 15. What is the Semiconductor Manufacturing International Corp. Return on Equity (ROE) Ratio? 16. What is the Semiconductor Manufacturing International Corp. Retention Ratio? 17. What is the Semiconductor Manufacturing International Corp. Earnings Per Share Ratio? 18. What is the Semiconductor Manufacturing International Corp. Price/Earnings Ratio (P/E)? 19. What is the Semiconductor Manufacturing International Corp. Book Value Per Share Ratio? 20. What is the Semiconductor Manufacturing International Corp. Market to Book