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show the work step please 16 pts Question 26 Use the following information for Huskers Inc to answer the questions below Balance Sheet and Income
show the work step please
16 pts Question 26 Use the following information for Huskers Inc to answer the questions below Balance Sheet and Income Statement Data for Huskers, Inc. 2019 2020 2020 -680 101 Balance Sheet Asut cash and marketable securities Accounts recevablo Merchandise Inventory Gross fixed assets less accumulated depreciation Net Ixed assets Total Assets 30 102 6S 120 40 80 277 215 104 149 57 92 412 Incomitement Net Sales Cost of Goods Sold Gross Margin Selling Expenses General and Admin Expenses Dopreciation Operating Profit Interest income Interest Expense 50 26 31 6 -18 110 Labilities and Net Worth Current maturales of long-term debt Accounts payable Long-term debt Total abilities 90 47 43 180 72 134 316 Profit belore taxes Income Taxes Net Profit 60 Common Stock Retained earings Total net worth Total liabilities and equity 37 97 277 60 41 101 417 Net Worth reconciliation: Beginning net worth + Net profit Dividends paid (cash) Ending net worth 97 14 - 10 101 Note: Inventory was $45 million in 2011 Question 27 9 pts Using the financial data for Huskers, Inc provided in the 16 point question, and the formulas provided below to calculate and interpret the following financial rahos for 2019 and 2020 Days accounts receivable = accounts receivable/(sales/365) Inventory turnover =COGS/Inventory Equity Multiplier = Total Assets/Equity ROE - Net Income/Equity = PM XAU X EM a) Days Accounts Receivable b) Inventory Turnover c) Equity Multiplier 16 pts Question 26 Use the following information for Huskers Inc to answer the questions below Balance Sheet and Income Statement Data for Huskers, Inc. 2019 2020 2020 -680 101 Balance Sheet Asut cash and marketable securities Accounts recevablo Merchandise Inventory Gross fixed assets less accumulated depreciation Net Ixed assets Total Assets 30 102 6S 120 40 80 277 215 104 149 57 92 412 Incomitement Net Sales Cost of Goods Sold Gross Margin Selling Expenses General and Admin Expenses Dopreciation Operating Profit Interest income Interest Expense 50 26 31 6 -18 110 Labilities and Net Worth Current maturales of long-term debt Accounts payable Long-term debt Total abilities 90 47 43 180 72 134 316 Profit belore taxes Income Taxes Net Profit 60 Common Stock Retained earings Total net worth Total liabilities and equity 37 97 277 60 41 101 417 Net Worth reconciliation: Beginning net worth + Net profit Dividends paid (cash) Ending net worth 97 14 - 10 101 Note: Inventory was $45 million in 2011 Question 27 9 pts Using the financial data for Huskers, Inc provided in the 16 point question, and the formulas provided below to calculate and interpret the following financial rahos for 2019 and 2020 Days accounts receivable = accounts receivable/(sales/365) Inventory turnover =COGS/Inventory Equity Multiplier = Total Assets/Equity ROE - Net Income/Equity = PM XAU X EM a) Days Accounts Receivable b) Inventory Turnover c) Equity MultiplierStep by Step Solution
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