Question
Use financial statements of Griffon Frozen Food Products (GFF), to calculate ratios and provide analyses. Assume that company operates 365 days in one year. The
Use financial statements of Griffon Frozen Food Products (GFF), to calculate ratios and provide analyses. Assume that company operates 365 days in one year. The average interest rate on all debt (short-term and long-term) is 7%. The company has 100,000 common shares.
Ratios (Trend & Industry Analysis) | Yr 20x1 | Yr 20x2 | Yr 20x3 | Trend analysis | Industry (Given) | Industry analysis | unit |
1. Current ratio | Answer | Answer | Answer | AnswerImproveSameWorse | 1.40 | AnswerBetterSameWorse | times |
2. Quick ratio | Answer | Answer | Answer |
AnswerImproveSameWorse
| 1.00 |
AnswerBetterSameWorse
| times |
3. DSO | Answer |
Answer
|
Answer
|
AnswerImproveSameWorse
|
87.00
|
AnswerBetterSameWorse
| days |
4. Inventory conversion period |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 120.00 |
AnswerBetterSameWorse
| days |
5. A/P deferral period |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 65.00 | AnswerBetterSameWorse | days |
6. CCC = cash conversion cycle |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
|
142.00
|
AnswerBetterSameWorse
| days |
7. Inventory turnover = (COGS/Inventories) |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 1.60 |
AnswerBetterSameWorse
| times |
8. Net fixed asset turnover |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 1.80 |
AnswerBetterSameWorse
| times |
9. Total asset turnover |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 1.15 |
AnswerBetterSameWorse
| times |
10. Debt-to-Equity |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 0.67 |
AnswerBetterSameWorse
| times |
11. Debt-to-Assets |
Answer%
|
Answer%
|
Answer%
|
AnswerImproveSameWorse
| 40.00 % |
AnswerBetterSameWorse
| % |
12. Liabilities-to-Assets |
Answer%
|
Answer%
|
Answer%
|
AnswerImproveSameWorse
|
50.00 %
|
AnswerBetterSameWorse
| % |
13. Equity multiplier |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 2.00 |
AnswerBetterSameWorse
| times |
14. TIE (Interest coverage) |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| 2.15 |
AnswerBetterSameWorse
| times |
15. OPM (Operating profit margin) |
Answer%
|
Answer%
|
Answer%
|
AnswerImproveSameWorse
|
28.00 %
|
AnswerBetterSameWorse
| % |
16. NPM (Net profit margin) |
Answer%
|
Answer%
|
Answer%
|
AnswerImproveSameWorse
|
18.00 %
|
AnswerBetterSameWorse
| % |
17. BEP |
Answer%
|
Answer%
|
Answer%
|
AnswerImproveSameWorse
|
28.50 %
|
AnswerBetterSameWorse
| % |
18. ROA |
Answer%
|
Answer%
|
Answer%
|
AnswerImproveSameWorse
|
20.70 %
|
AnswerBetterSameWorse
| % |
19. ROE |
Answer%
|
Answer%
|
Answer%
|
AnswerImproveSameWorse
|
41.40 %
|
AnswerBetterSameWorse
| % |
20. EPS |
Answer
|
Answer
|
Answer
|
AnswerImproveSameWorse
| N/A | N/A | $/share |
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