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Using the Nike income statement and the balance sheet create a table of ratios 2016 2017 Current Assets - Current Liabilities Calculated Value Current Assets
Using the Nike income statement and the balance sheet create a table of ratios | |||||||||||||
2016 | 2017 | ||||||||||||
Current Assets | - | Current Liabilities | Calculated Value | Current Assets | - | Current Liabilities | = | Calculated Value | |||||
1. | Working capital: | $15,025 | $5,358 | $9,667 | $0 | ||||||||
Ratio | Numerator | Denominator | Calculated Value | Numerator | Denominator | = | Calculated Value | ||||||
2. | Current ratio | $15,025 | $5,358 | 2.80 | times | #DIV/0! | |||||||
3. | Quick ratio | $8,698 | $5,358 | 1.62 | times | ||||||||
4. | Accounts receivable | ||||||||||||
turnover | $32,376 | $3,300 | 9.81 | times | |||||||||
5. | Number of days' | ||||||||||||
sales in receivables | $365 | 9.81 | 37.21 | days | |||||||||
6. | Inventory turnover | $17,405 | $4,588 | 3.8 | times | ||||||||
7. | Number of days' | ||||||||||||
sales in inventory | $365 | 3.8 | 96.1 | days | |||||||||
8. | Ratio of fixed assets to | ||||||||||||
long-term liabilities | $3,520 | $1,993 | 1.8 | times | |||||||||
9. | Ratio of total liabilities to | ||||||||||||
stockholders' equity | $9,121 | $12,258 | 74% | ||||||||||
10. | Number of times | ||||||||||||
interest charges earned | $4,642 | $19 | 244.3 | times | |||||||||
11. | Number of times | ||||||||||||
preferred dividends earned | 0 | ||||||||||||
12. | Ratio of sales to | ||||||||||||
assets | $32,376 | $21,488 | 1.5 | times | |||||||||
13. | Rate earned on total | ||||||||||||
assets | $3,779 | $21,488 | 18% |
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