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This is one question please answer all parts. (similar to) Question Help mparative financial statement data of Zubar Optical Mart follow: (Click on the icon

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This is one question please answer all parts.

(similar to) Question Help mparative financial statement data of Zubar Optical Mart follow: (Click on the icon to view the income statements.) B! (Click on the icon to view the balance sheets.) her information: Market price of Zubar common shares: $54.00 at December 31, 2020; and $40.77 at December 31, 2019 Average common shares outstanding: 20,000 during 2020 and 19,000 during 2019 All sales on credit Balance sheets equirements equirement 1. Compute the ratios for 2020 and 2019. (Abbreviations used: Avg. = average and o/s = outstanding, shs - shares.) Current ratio elect the formula, and then enter the amounts to calculate the current ratio for 2020 and 2019. (Round the ratios to two decimal places, X.XX.) Zubar Optical Mart Comparative Balance Sheet December 31, 2020, and 2019 2020 2019 2018" Current assets: 1 Current ratio 020 Cash 44,000 $ 1 48,000 019 Current receivables, net 216,000 159.000 $ 200,000 Inventories 185,000 Income statements 300,000 4,100 283,000 31,000 Requirements Prepaid expenses Total current assets 564,100 289.000 521,000 279,000 Property, plant, and equipment, net Zubar Optical Mart Comparative Income Statement Total assets $ 853.100 S 800,000 710,000 Years Ended December 31, 2020, and 2019 2020 2019 Accounts payable 108,000 160,000 131,000 94,000 187.000 Other current liabilities Net sales $ 690,000 $ 370,000 597,000 277,000 Total current liabilities Cost of goods sold Gross profit $ 291,000 $ 281,000 239,000 231,000 Long-term liabilities 320,000 124.000 320,000 140,000 Total liabilities 530,000 1. Compute the following ratios for 2020 and 2019: a. Current ratio b. Quick (acid-test) ratio c. Receivables turnover and days' sales outstanding (DSO) (round to the nearest whole day) d. Inventory turnover and days' inventory outstanding (DIO) (round to the nearest whole day) e. Accounts payable turnover and days' payable outstanding (DPO) (round to the nearest whole day) f. Cash conversion cycle (in days) g. Times-interest-earned ratio h. Return on assets 1. Return on common shareholders' equity j. Earnings per share of common shares g. Pricelearnings ratio 2. Decide whether (a) Zubar's financial position improved or deteriorated during 2020 and (b) the investment attractiveness of Zubar's common shares appears to have increased or decreased 3. How will what you learned in this problem help you evaluate an investment? Operating expenses Income from operations 512,000 288,000 323,100 Common shareholders' equity, no par 198,000 196,000 37,000 180,000 41,000 $ 853,100 $ 800,000 Interest expense Total liabilities and shareholders' equity Income before income tax * Selected 2018 amounts. 159.000 39,000 139,000 53,000 Income tax expense $ 120,000 86,000 Pri Done Net income Print Done Check

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