The following information relates to Handy Hardware Incorporated, and All Tools Corporation for their 2017 and 2016 fiscal years. HANDY HARDWARE INCORPORATED Selected Financial Information (amounts in millions, except per share amounts) Total current assets Merchandise inventory Property and equipment, net of depreciation Total assets Total current liabilities Total long-term liabilities Total liabilities Total shareholders' equity Revenue Cost of goods sold Gross profit Operating income Earnings from continuing operations before income tax expense Income tax expense Net earnings Basic earnings per share ALL TOOLS CORPORATION Selected Financial Information (amounts in millions except per share data) Total current assets Merchandise inventory Property and equipment, net of depreciation Total assets Total current liabilities Total long-term liabilities Total 146 Total liabilities Total stockholders' equity Total stor Revenues Cost of goods sold Gross profit aros Operating income Earnings from continuing operations before income taxes Income tax expense Net earnings Basic earnings per share January 24, 2018 $ 15,598 11,973 11,992 29,569 15,332 DICERE 10,182 25,514 MODERN 4,855 114200 66,071 34,926 T 31,145 5,175 5,255 1,697 3,558 $ 3.63 January 28, 2018 $ 20,722 10,786 20,256 42,127 5,255 35,309 40,564 1,563 110,641 65,403 45,238 9,305 16,383 4,174 12,209 $ 7.48 January 25, 2017 $ 11,367 11,756 14,036 Be 37,027 11,185 per 8,115 W 19,300 PE 17,227 CHPESH 48,742 A 35,094 13,648 Pange 3,893 2,625 2,812 613 $2.88 January 29, 2017 $ 25,694 11, 106 22,309 68,687 22, 327 36,396 58,723 9,964 119,142 34, 352 84,790 26,038 15,871 6,299 9,572 $6.62 Required a. Compute the following ratios for the companies 2017 fiscal years (years ending in January 2018) (1) Current ratio. (2) Average days to sell inventory. (Use average inventory) (3) Debt-to-assets ratio. (4) Return on investment. (Use average assets and use "Eamings from continuing operations before income taxes rather than "net earnings.") (5) Gross margin percentage. (6) Asset turnover. (Use average assets.) (7) Return on sales. (Use "Earnings from continuing operations before income taxes rather than "net earnings) (8) Plant assets to long-term debt ratio. b. Which company appears to be more profitable? Identify which ratio(s) from Requirement a you used to reach your conclusion. c. Which company appears to have the higher level of financial risk? Identify which ratio(s) from Requirement a you used to reach your conclusion. d. Which company appears to be charging higher prices for its goods? Identify which ratio(s) from Requirement a you used to reach your conclusion. e. Which company appears to be the more efficient at using its assets? Identify which ratio(s) from Requirement a you used to reach

The following information relates to Handy Hardware incorporated, and All Tools Corporation for their 2017 and 2016 fiscal years. Required a. Compute the following ratios for the companies' 2017 fiscal years dvears ending in January 2018) (i) Current ratio. (2) Average days to sell imventory. (Use average inventory) (3) Debtto-assets rotio (4) Return on investment. (Use averoge assets and use "Eamings from continuing operations before income taxes" rather than "net. earnings ") (3) Gross margin percentage: (0) Asset tumovec, (Use averoge assets) (7) Return on sales (Use "Earnings from conninumg operabons before income taxes" rather than "net earnings? (0) Plant assets to longterm debt ratio. b. Which company appears to be more profable? loentify which ratiofsi from Requirement a you used to reach your conctusion. c. Which compary oppears to have the higher levei of financiai risk? identify which ratiofs) from Requirement o you used to reach your conclusion. Required a. Compute the following ratios for the companies' 2017 fiscal years (years ending in January 2018): (1) Current ratio. (2) Average days to sellinventory, (Use average inventory) (3) Debtio-assets ratio (4) Pcturn on investment. (Use average assets and use "Earnings from continuing operations before income taxes" rather than "net earnings7) (3) Gross margin percentage. (6) Asset tumover (Use average assets) D) Return on sales. (Use Farnings from continuing operations before income taxes" rather than "net earnings? (8) Plant assets to long tem debt ratio. b. Which company appears to be more profitable? identify which ratio(s) from Requirement a you used to reach your conclusion. c. Which company appears to have the higher level of financial risk? Identify which ratio(s) from Requirement a you used to reach your conclusion. d. Which compary appears to be charging higher prices for its goods? Identify which ratio(s) from Requirement a you used to reach your conclicion. e. Which compary appears to be the more efticient at using its assets? Identify which ratio(s) from Requirement a you used to reach yout conciusion. Complete this question by entering your answers in the tabs below