Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

That is, what areas of concern are there that management should address? What metrics/data points highlight these issues? 2020 2021 industry avg Working Capital 691,500

That is, what areas of concern are there that management should address? What metrics/data points highlight these issues?

2020 2021 industry avg

Working Capital 691,500 864,000 n/a

current ratio 2.2 2 .4 2.0

quick ratio 0.9 0.9 1.0

A/R turnover 11.6 11.1 15.0

avg. collection period 31.5 33.0 24.3

inv. turnover 3.7 4.3 6.1

aveg. sale period 98.7 84.7 59.8

Operating cycle 130.2 117. 7 84.7

Total asset turnover 2.3 2.4 2.5

Times interest earned 4.7 1.5 6.2

Debt-equity 1.0 2.1 1.8

net profit margin 2.6 0.4 3.9

return on total asset 7.6 3.3 9.0

return on equity 11.0 2.2 17.9

earning per share 0.96 0.18 0.96

PE ratio 6.3 19.0 16.2

divident payout 36.4 137.44 n/a

divident yield 5.83 7.23 1.50

book value per share 575,002.62 575,002.55

2020 2021

Net income 95,970 18,408

other currents assets -57,000 -4,000

acct payable -42,652 11,422

other current payable -22,216 19,078

additions plant equipment -227,500 125,000

repurchase of common stock 125,000 0

cash dividends -35,000 -25,300

Net Cash flow -43,000 7,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Practical Guide To UK Accounting And Auditing Standards

Authors: Steve Collings

1st Edition

152650331X, 9781526503312

More Books

Students also viewed these Accounting questions

Question

Explain the nature of human resource management.

Answered: 1 week ago

Question

Write a note on Quality circles.

Answered: 1 week ago

Question

Describe how to measure the quality of work life.

Answered: 1 week ago