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Use the attached Financial Income Statement and Balance sheet for Stryker Corp. (SYK) 2019 (see page 2) To do: Cakulate the financial ratios below. Show

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Use the attached Financial Income Statement and Balance sheet for Stryker Corp. (SYK) 2019 (see page 2) To do: Cakulate the financial ratios below. Show all work (ratio computation) to get full credit in the space provided. Round answers to two decimal places. Label your answers appropriately to get credit percent in percentl15573=15.57%), numbers (1.35) and dollars ($2.55). Ratio Computation (pt) 2019 Ratio 5pt) Stryker, Corp. Date Accessed 2/10/2020 www.sec.gov Financial Ratios Current ratio .CA/CL 3 Quick Ratio (Cash+Marketable Securities Accts Receivable/CL Cash Ratio Cash/CL Asset TurnoverNet Sales/Total Assets Inventory TurnoverCost of goods sold/Inventory Accounts Receivable TurnoverNet Sales/Accounts receivable Fixed Asset turnover = Net Sales/Netfixed assets 10 Total Debt ratio Total Assets-Total Common Equity/Total Assets Equity multiplier (EM) - Total Assets/Total common equity Times interest earned ratio EBIT/Interest ROE (Return On Equity) - Net Income/Total Common Equity ROA (Return On Assets) - Net Income/Total Assets Operating Margin Operating Income/Net Sales Profit Margin (PM) Net Income used to cakulate basic earnings/Net Sales 12 Check show: ROE - PMX Asset Turnover XEM Adj. Close Stock Price on Dec 31, 2020 (Go to www.finance.yahoo.com, click Historical Data) Basic Net Earnings per share (EPS) in 2019 18 Dividends per share (D) in 2019 Go to www.cnbc.com. PROFILE Price/Earnings ratio Price per share/Bask Net Eamnines per share Market value/Book value per share Price Per Share/Stockholder's equity/Basic Average shares Retention ratio (b) (EPS-DVEPS Internal growth rate (IGRIROAb1/((1-ROA b)] Sustainable growth rate (SGR)= (ROE"bV/(1-(ROE"b)) Dec. 31, 2019 Dec. 31. 2019 STRYKER Corp Consolidated Balance Sheets - USD ($)S in Millions Current assets Cash and cash equivalents Marketable securities Accounts receivable, less allowance inventories: 4337 Stryker Corp (YK) Consolidated Statements Of Earnings - USD ($) shares in Millions, Sin Millions Income Statement(Abstract) Net sales Cost of sales Gross profit Research, development and engineering expenses Selling general and administrative expenses Recall charges Amortization of intangible assets 955 14884 5188 9595 2893 171 213 971 5356 192 Materials and supplies Work in process Finished goods 677 178 2427 Dec. 31. 2019 Current liabilities Accounts payable 675 Accrued compensation Income taxes Dividend payable Accrued expenses and other Habilities 1527 Current maturities of debt 859 Total current liabilities 4400 Long-term debt, excluding current maturities 10231 Income taxes 1068 Other noncurrent liabilities 1661 Total liabilities 17360 Shareholders' equity Common stock, $0.10 par value Additional paid-in capital 1628 Retained earnings 11748 464 6983 2713 -151 3282 760 11360 2562 Total inventories Prepaid expenses and other current a Total current assets Property, plant and equipment: Land, buildings and improvements Machinery and equipment Total property, plant and equipment less allowance for depreciation 1263 3451 479 2083 2147 Property, plant and equipment, net 2567 606 Total operating expenses Operating income Other income (expense), net Earnings before income taxes Income taxes Net earnings Net earnings per share of common stock: Basic net earnings per share of common stock in dollars per share) Diluted net earnings per share of common stock in dollars per share) Weighted average shares outstanding in millions): Basic in shares) Effect of dilutive employee stock compensation in shares) Diluted in shares) Anti-dilutive shares excluded from the calculation of dilutive employee stock compensation Note: Interest on debt 5.57 5.48 Goodwill 9069 Accumulated other comprehensive Total Strykers shareholders' equity Noncontrolling interest 12807 374 Other intangibles, net Noncurrent deferred income tax asse 4227 1575 12807 Total shareholders' equity Total liabilities & shareholders equity 30167 5.9 379. 9 Other noncurrent assets Total assets 1369 30167 1342 Use the attached Financial Income Statement and Balance sheet for Stryker Corp. (SYK) 2019 (see page 2) To do: Cakulate the financial ratios below. Show all work (ratio computation) to get full credit in the space provided. Round answers to two decimal places. Label your answers appropriately to get credit percent in percentl15573=15.57%), numbers (1.35) and dollars ($2.55). Ratio Computation (pt) 2019 Ratio 5pt) Stryker, Corp. Date Accessed 2/10/2020 www.sec.gov Financial Ratios Current ratio .CA/CL 3 Quick Ratio (Cash+Marketable Securities Accts Receivable/CL Cash Ratio Cash/CL Asset TurnoverNet Sales/Total Assets Inventory TurnoverCost of goods sold/Inventory Accounts Receivable TurnoverNet Sales/Accounts receivable Fixed Asset turnover = Net Sales/Netfixed assets 10 Total Debt ratio Total Assets-Total Common Equity/Total Assets Equity multiplier (EM) - Total Assets/Total common equity Times interest earned ratio EBIT/Interest ROE (Return On Equity) - Net Income/Total Common Equity ROA (Return On Assets) - Net Income/Total Assets Operating Margin Operating Income/Net Sales Profit Margin (PM) Net Income used to cakulate basic earnings/Net Sales 12 Check show: ROE - PMX Asset Turnover XEM Adj. Close Stock Price on Dec 31, 2020 (Go to www.finance.yahoo.com, click Historical Data) Basic Net Earnings per share (EPS) in 2019 18 Dividends per share (D) in 2019 Go to www.cnbc.com. PROFILE Price/Earnings ratio Price per share/Bask Net Eamnines per share Market value/Book value per share Price Per Share/Stockholder's equity/Basic Average shares Retention ratio (b) (EPS-DVEPS Internal growth rate (IGRIROAb1/((1-ROA b)] Sustainable growth rate (SGR)= (ROE"bV/(1-(ROE"b)) Dec. 31, 2019 Dec. 31. 2019 STRYKER Corp Consolidated Balance Sheets - USD ($)S in Millions Current assets Cash and cash equivalents Marketable securities Accounts receivable, less allowance inventories: 4337 Stryker Corp (YK) Consolidated Statements Of Earnings - USD ($) shares in Millions, Sin Millions Income Statement(Abstract) Net sales Cost of sales Gross profit Research, development and engineering expenses Selling general and administrative expenses Recall charges Amortization of intangible assets 955 14884 5188 9595 2893 171 213 971 5356 192 Materials and supplies Work in process Finished goods 677 178 2427 Dec. 31. 2019 Current liabilities Accounts payable 675 Accrued compensation Income taxes Dividend payable Accrued expenses and other Habilities 1527 Current maturities of debt 859 Total current liabilities 4400 Long-term debt, excluding current maturities 10231 Income taxes 1068 Other noncurrent liabilities 1661 Total liabilities 17360 Shareholders' equity Common stock, $0.10 par value Additional paid-in capital 1628 Retained earnings 11748 464 6983 2713 -151 3282 760 11360 2562 Total inventories Prepaid expenses and other current a Total current assets Property, plant and equipment: Land, buildings and improvements Machinery and equipment Total property, plant and equipment less allowance for depreciation 1263 3451 479 2083 2147 Property, plant and equipment, net 2567 606 Total operating expenses Operating income Other income (expense), net Earnings before income taxes Income taxes Net earnings Net earnings per share of common stock: Basic net earnings per share of common stock in dollars per share) Diluted net earnings per share of common stock in dollars per share) Weighted average shares outstanding in millions): Basic in shares) Effect of dilutive employee stock compensation in shares) Diluted in shares) Anti-dilutive shares excluded from the calculation of dilutive employee stock compensation Note: Interest on debt 5.57 5.48 Goodwill 9069 Accumulated other comprehensive Total Strykers shareholders' equity Noncontrolling interest 12807 374 Other intangibles, net Noncurrent deferred income tax asse 4227 1575 12807 Total shareholders' equity Total liabilities & shareholders equity 30167 5.9 379. 9 Other noncurrent assets Total assets 1369 30167 1342

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