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The financial information below was taken from the annual financial statements of blossom videos. The financial information below was taken from the annual financial statements
The financial information below was taken from the annual financial statements of blossom videos.
The financial information below was taken from the annual financial statements of Blossom Videos: Current assets Current liabilities Total liabilities Total assets Net sales Net credit sales Cost of goods sold Inventory Receivables (net) Dividends Capital expenditures Net income Net cash provided by operating activities 2014 $95,000 35,200 150,400 420,000 451,200 44,000 25,600 7,200 12,800 2013 444,000 467,000 43,200 $94,300 249,600 246,000 27,200 47,600 157,400 443,000 476,000 41,800 23,000 9,800 18,000 34,400 32,800 Calculate the following ratios for Blossom Videos for 2014. (Round Free cash flow to 0 decimal place, to 2 decimal places, e.g. 12.21.) Calculate the following ratios for Blossom Videos for 2014. (Round Free cash flow to 0 decimal place, e.g. 12. Oth to 2 decimal places, e.g. 12.21.) 1. Average collection period 2. Current ratio 3. Debt to assets ratio 4. Return on assets 5. Profit margin 6. Asset turnover 7. Inventory turnover 8. Free cash flow 20 2.7 8 10 1.4 5.82 14400 days :1 % times times Step by Step Solution
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