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The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company Balance Sheet Cash $ 1 8 , 0 0 0
The financial statements for Royale and Cavalier companies are summarized here:
Royale
Company Cavalier
Company
Balance Sheet
Cash $ $
Accounts Receivable, Net
Inventory
Equipment, Net
Other Assets
Total Assets $ $
Current Liabilities $ $
Note Payable longterm
Common Stock par $
Additional PaidIn Capital
Retained Earnings
Total Liabilities and Stockholders Equity $ $
Income Statement
Sales Revenue $ $
Cost of Goods Sold
Other Expenses
Net Income $ $
Other Data
Per share price at end of year $
$
Selected Data from Previous Year
Accounts Receivable, Net $ $
Note Payable longterm
Equipment, Net
Inventory
Total Stockholders' Equity
These two companies are in the same business and state but different cities. Each company has been in operation for about years. Both companies received an unqualified audit opinion on the financial statements. Royale Company wants to borrow $ cash and Cavalier Company is asking for $ The loans will be for a twoyear period. Both companies estimate bad debts based on an aging analysis, but Cavalier has estimated slightly higher uncollectible rates than Royale. Neither company issued stock in the current year. Assume the endofyear total assets and net equipment balances approximate the years average and all sales are on account.
Calculate the following ratios for the Royale company and the cavalier company Use days in a year. Round your intermediate calculations and final answers to decimal places.
Net profit margin
gross profit percentage
fixed asset turnover
return on equity
earnings per share
price earning ratio
recieveables turnover
days to collect
inventory turnover
days to sell
current ratio
debt to assets
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