Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the tables below.conduct a complete ratio analysis of the Bartlett Compally for the years 2018 and 2019. You should assess the firm's liquidity, activity,

image text in transcribed
image text in transcribed
image text in transcribed
Using the tables below.conduct a complete ratio analysis of the Bartlett Compally for the years 2018 and 2019. You should assess the firm's liquidity, activity, dett, and profitability ratios Bartlett Company Income Statements (5000) For the Years Ended December 31 2019 2018 Sales revenue $3.090 $2.567 Less: Cost of goods sold 2.000 1.711 Gross profits 3990 $856 Less: Operating expenses Selling expense $90 $100 General and administrative expenses 191 186 Other operating expenses 35 35 Depreciation expense 238 Total operating expense $554 $545 Operating profits $311 Less Interest expense 93 86 Net profits before taxes $351 $225 Less: Taxes 98 Net profits after taxes $253 $163 Loss: Preferred stock dividends 10 10 Earnings available for common stockholders $153 216 Earnings per share (EPS)" Dividend per share (DPS) $3.19 $1.29 $2.01 $0.75 Calculated by dividing the earnings available for common stockholders by the number of shares of common stock outstanding: 78.282 in 2019 and 76.244 in 2018. Earnings per share in 2019 5243,000 - 76.262 $3.19, in 2018: 5153.000 - 76.24 $2.01 Calculated by dividing the dollar amount of dividends paid to common stockholders by the number of common stock outstanding. Dividends por share in 2019. 500,000 - 78,262 $1.29 in 2018: 557,183 - 78.244 - 50.75 Bare Company Balance sheet 1000 Bartlett Company Balance Sheets (5000) December 31 2019 $362 71 503 287 $1.223 $2.065 1.864 355 274 98 $4,656 2.294 $2.362 $3.585 Assets Cash Marketable securities Accounts receivable Inventories Total current assets Land and buildings Machinery and equipment Furniture and foxtures Vehicles Other (includes financial loses) Total gross fred assets (at cost) Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current abilities Long-term debt (includes financial leases) Total abilities Preferred stock cumulative 5%, 5100 par 2,000 shares authorized and issued Common stock $2.50 par, 100,000 shares authorized, shares issued and outstanding in 2019: 76,262, in 2018: 76,244 Paid-in capital in excess of poron common stock Retained earnings Total stockholders' equity Total abilities and stockholders' equity 2018 $294 53 363 298 $1.000 $1.912 1,698 317 104 54344 2,050 $2 294 $3.302 $390 78 165 $633 975 $1.500 5200 192 5208 105 115 $488 988 $1476 $200 192 430 1.155 51.977 424 1.010 $1,826 53.302 $3.585 Bartlett Company Statement of Retained Earnings (5000) for the Year Ended December 31, 2019 Retained earnings balance (January 1, 2019) $1,010 Plus: Net profits after taxes (for 2019) 253 Less: Cash dividends (paid during 2019) Preferred stock 98 Total dividends paid $100 Retained earings balance (December 31, 2010) $1.155 Colto the following rating for Barlett Comnany Round to three decimal places and do not include ' or 'ssions in your responses 10 Common stock Calculate the following ratios for Barlett Company Round to three decimal places and do not include 'op's signs in your responses a Current ratio in 2018 was Current ratio in 2019 was b Quick ratio in 2018 was Quick ratio in 2019 was c Inventory turnover in 2018 was Inventory turnover in 2019 was d. Average collection period in 2018 was Average collection period in 2019 was e. Total asset turnover in 2018 was Total asset turnover in 2019 was 1. Debt ratio in 2018 was Debt ratio in 2019 was 9. Debt equity ratio in 2018 was Debtequity ratio in 2019 was h Times interest earned in 2018 was Times interest earned in 2019 was Gross profit margin in 2018 was Gross profit margin in 2019 was Operating profit margin in 2018 was Operating profit margin in 2019 was k. Net profit margin in 2018 was Net profit margin in 2019 was Return on total assets (ROA) in 2018 was Return on total assets (ROA) in 2010 was m Return on equity (ROE) in 2018 was Return on equity (ROE) in 2019 was

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Accounting And Reporting

Authors: Ciaran Connolly

2nd Edition

0903854724, 978-0903854726

More Books

Students also viewed these Accounting questions

Question

4. Greet students at the door to the class every day.

Answered: 1 week ago

Question

To identify HRM functions when it is created.

Answered: 1 week ago

Question

To understand the role of HRM as a business development partner.

Answered: 1 week ago