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The financial information below was taken from the annual financial statements of Ivanhoe Videos: 2014 2013 Current assets $128,600 $121,900 Current liabilities 46,400 62,000 Total
The financial information below was taken from the annual financial statements of Ivanhoe Videos: 2014 2013 Current assets $128,600 $121,900 Current liabilities 46,400 62,000 Total liabilities 203,600 203,000 Total assets 567,000 575,000 Net sales 609,400 620,000 Net credit sales 598,000 599,000 Cost of goods sold 336,400 318,000 Inventory 58,000 53,800 Receivables (net) 34,000 30,200 Dividends 10,000 12,200 Capital expenditures 17,000 22,800 Net income 57,200 44,000 Net cash provided by operating activities 37,000 42,400 Calculate the following ratios for Ivanhoe Videos for 2014. (Round Free cash flow to 0 decimal place, e.g. 12. Other all answers to decimal places, e.g. 12.21.) 1. Average collection period days 2. Current ratio :1 3. Debt to assets ratio % 4. Return on assets % 5. Profit margin % 6. Asset turnover times 7. Inventory turnover times 8. Free cash flow $
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