The answers are there I just need the formulas to get them. thanks

A D E H 1 Calculate and Interpret Ratios 2. 3 Financial statement analysis. The financial statements of Zach Industries for the year ended December 31, 2019, follow. 4 Zach Industries Income Statement for the Year Ended December 31, 2019 5 6 7 S 8 160,000 106,000 54,000 9 S 10 11 s 12 13 Sales revenue Less Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes 14 15 16 S S 16,000 10,000 1.000 10,000 37.000 17,000 6,100 10.900 4,360 6,540 17 18 $ 19 20 S 21 22 23 Zach Industries Balance Sheet December 31, 2019 24 Assets 25 Cash S 500 26 Marketable securities 1.000 27 Accounts receivable 25.000 15.BS Review. Ratios Book Problem 3.24 Sthe demon and press ENTER or choose Paste Type here to search BI BE 0 Clipboard Font 21 Alignment 2 Number Styles Calls 012 AAB D E F G H 22 K 23 24 25 26 S 27 28 29 30 31 32 Zach Industries Balance Sheet December 31, 2019 Assets Cash 500 Marketable securities 1,000 Accounts receivable 25,000 Inventories 45,500 Total current assets S 72.000 Land $ 26.000 Buildings and equipment 90,000 Less: Accumulated depreciation 38,000 Net fixed assets S 78,000 Total assets S 150.000 Liabilities and Stockholders' Equity Accounts payable $ 22,000 Notes payable 47,000 Total current liabilities S 69.000 Long-term debt 22.950 Common stock 31.500 Retained earnings 26,550 Total liabilities and stockholders' equity S 150,000 33 34 35 36 37 38 39 40 41 43 44 45 "The firm's 3,000 ostanding shares of common stock closed 2019 at a price of $25 46 per share 48 a. Use the preceding financial statements to complete the table below. Assume that the industry averages given in the table are applicable for both 2018 and 2019 49 IS BS Review. Ratios Book Problem 3-24 Copy Insert Delete Format Pasto BIURO file E Murge a Center $ % 98-99 Conditional Formatas Coll Formatting Table Styles Styles Clear Format Painter Alignment 15 Font Number 15 Cells 012 > A E D F H G a. Use the preceding financial statements to complete the table below. Assume that the industry averages given in the table are applicable for both 2018 and 2019. 54 55 56 57 Number of shares outstanding Price per share 3,000 S25 58 59 50 Actual 2019 61 62 63 64 65 66 Zach Industries Ratio Analysis Industry Average Current ratio 1.8 Quick ratio 0.7 Inventory tumover 2.5 Average collection period (days) 37.5 Debt ratio 65.0% Times interest earned 3.8 Gross profit margin 38% Net profit margin 3.5% Retum on total assets 4.0% Return on common equity 9.5% Market/book ratio 1.1 Actual 2018 1.84 0.78 2.59 36.5 67.0% 4.0 40% 3.6% 4.0% 8.0% 1.2 Produce these answers (not in order) 0.040875 0.0436 0.112661499 0.3375 0.384057971 0.613 1.043478261 1.291989664 2.32967033 2.786885246 57.03125 67 68 69 70 72 b. Analyze Zach Industries' financial condition as it is related to (1) liquidity, (2) activity, 3) debt. (4) profitability, and (5) market. Summarize 74 the company's overall financial condition 75 76 Liquidity: Zach Industries' liquidity position has from 2018 to 2019 and is 77 to the industry average. The firm able to satisfy short-term obligations as they come due 78 79 Activity: Zach Industries' ability to convertissets into cash has from 2018 to 2019 Examination into the cause of the in the average collection period is warranted. SBS Review, Ratios Book Problem 3.24 Select and press ENTE Type here to search O 10 SE Paste BTU - A Merge Center Insert Date Format $ % 88 Sort Find Copy Fort Pie Clipboard Ide Conditional tomata Cala Formatting Table Styles Style Niger Na 012 A D H M P b. Analyze Zach Industries' financial condition as it is related to (1) liquidity, (2) activity. (3) debt. (4) profitability, and (5) market. Summarize the company's overall financial condition 74 75 Liquidity: Zach Industries liquidity position has to the industry average. The firm from 2018 to 2019 and is able to satisfy short-term obligations as they come due 78 79 80 81 Activity: Zach Industries' ability to convert assets into cash has from 2018 to 2019 Examination into the cause of the in the average collection period is warranted. Inventory turnover has also for the period under review and is fair compared to industry. The firm may be holding slightly excessive inventory Suggested Terminology below decreased deteriorated deteriorated higher improved increase inferior 33 Debt: Zach Industries' debt position has average. Zach's ability to service interest payments has average since 2018 and company debt level is and is the industry 16 82 BB B9 its industry average net profit margin in lower may not be positive receivable superior superior ward Profitability: Although Zach Industries' gross profit margin is indicating cost of goods sold, the firm has ain) comparison to average The firm has than average operating expenses. The firm has a[n) investment and return on equity in comparison to the industry and shows) 90 91 return on trend 92 93 04 95 Market: Zach Industries in its market price relative to their book value per share indicates that the firm's performance has been interpreted as more in 2019 than in 2018, and it is a little than the industry 96 97 18 99 100 101 Overall, the firm maintains of accounts receivable superior and profitability in the risk of illiquidity. Investigation into the management inventory is warranted IS.BS Reviews Book Problem 1-24 ANG 2/20 o Type here to search