uwun ILS ding of Harmony Corporation's financial Harmony Corporation Balance Sheets December 31, 2017 and 2016 (amounts in thousands) story turnover on the n und your answer to one decimal place.) Inven 2017 2016 per year. To determing cessary to reach a bett Assets Current assets: Cash Accounts receivables Inventory 5,700 $ 2,100 1,000 3,950 2,700 1,860 800 2,640 'sales in average rece statement. Round your answer to one dec day's sales Other current assets Total current assets 12,750 $ 23,500 Other assets 8,000 20,000 28,000 Total assets 36,250 $ Liabilities Total current liabilities -test ratio on the next li Long-term liabilities Total liabilities 15,000 $ 6,250 21,250 $ 12,500 5,500 18,000 Jation used: ST = short-term. Round your answ ut fields and then conti Print Done . DU ILI to view the common stock outstanding. Its s 2017 2016 ding of Harmony Corporation's financial po Assets Current assets: Ce the inventory turnover on the ne Cash rage Inventory = Inven 5,700 $ 2,100 und your answer to one decimal place.) 2,700 1,860 800 2,640 Accounts receivables Inventory Other current assets Total current assets Other assets 1,000 3,950 times per year. To determin Fould be necessary to reach a bed 12,750 $ 23,500 36,250 $ 8,000 20,000 28,000 Total assets te the days' sales in average rece One day's sales E = m statement. Round your answer to one decima Llabilities Total current liabilities Long-term liabilities Total liabilities 15,000 $ 6.250 21,250 $ 12,500 5,500 18,000 This might be Stockholders' equity Total common stockholders' equity 15,000 10,000 Jation used: ST short-term Round your answer to ate the acid-test ratio on the next li appropriate.) 36,250 $ 28,000 Total liabilities and equity in the input fields and then conti Print Done LULU Slalom turnover on the next line. (En tement. Round your answer to one Inventory turnove r year. To determine if this see sary to reach a better conclusi Harmony Corporation Income Statement For the Year Ended December 31, 2017 (amounts in thousands) 2017 Sales revenue 13, 140 Less: Cost of goods sold 1,980 Gross profit 11,160 660 Less: Operating expenses Operating income 10,500 500 Less: Interest expense Income before income taxes 7,000 Less: Income tax expense ales in average receivables on 's sales ales Days' sa the problem statement. Round your an 10.000 This 3.000 Net income ent. Abbreviation used: ST = short-term. Rou cest ratio on the next line. (Enter Print Done fields and then continue to the next question. ck outstanding. Its stock has traded recently at $31.20 per share. You would like to gain a better understanding ory turnover on the next lid i Inventory t. Round yo Requirement per year. To determine if the cessary to reach a better co sales in average receivable Calculate the following ratios for 2017 and interpret the results: a. Inventory turnover b. Days' sales in receivables c. Acid-test ratio d. Times-interest-earned e. Gross profit percentage f. Operating income percentage g. Return on stockholders' equity h. Earnings per share i. Pricelearnings ratio Foblem statemer day's sales This Print Done cid-test ratio on the next line. (Enter amounts in thousands as provided to you in the problem statement. Abbreviation used: ST- - m Click the icon to view the balance sheet) Click the icon to view the corne ement) Harmony Corporation has 3,125,000 shares of common stock outstanding. Its stock has traded recently at $31.20 per share. You would like to gain a better understanding of Harmony Can Read the moment 's financial posto d e l trade amounts in thousands provided to you in the problem w o Inventory tumover Enter the formule on the first line, then calculate the inventory tumor on the next in vertory mover und your ow n would be necessary to reach a better conclusion b. Dey sales in receives Days' sales in average recevables on the line s ho p Enter the form on the first line then calculate the acide her in the input toids and then someone o Read the requirement g ts stock has traded recently $3120 per here You the desting of Human Guer e. Acid-test ratio r Enter the form con with a on the first in c the balances o ntenere where wer) in thousands on the Harmony can pay of d. Times interest-earned Enter the formula on the frst line, then all the times interesteamed on the next line Enter amounts in thousand mes. There Harmony's servicing its debt cording to this ratio .. Gross proftpercentage the formo herine, then the gross pro line centage on the Mistr enter any number in the input ids and then continue to the next question d i o T(Click the icon to view the balance sheet) Click the icon to view the income statement) Harmony Corporation has 3,125,000 shares of common stock outstanding. Is stock has traded recently at 53120 per share. You would like to gain a better understanding of Harmony Corporation's financial position Au Read the requirement % of each sales dollar is gross profit for the company. This is a o profit percentage but should be compared to the to better determine is reasonable Opening income percentage Enter the formula on the first line, then calculate the operating income percentage on the line e r amount - Operating income percentage of each weder is income for the company This is a to heter demineris reasonable w at you in the e the thousands provide Ramon Enter the formula on the first line then caldate the remonto hold bew) quity on the next line t on the h. Earnings per share Er the o ther intenc EPS on the line income ou in thousands in the c i tovou Pound our new to o nt For Choose from any stor y number in the input ads and then continue to the re st shares of common stock w ewement) standing, toches de cany w $31.20 per whare. You would like to gain Read the remet understanding of armory Car d - Return on retum we assume any double digitale of money is wrong we can say Harmony Corporation has because the return on stockholders' equity is h. Earnings per share Enter the formula on the first line, then calculate the EPS on the next line. E n income in thousands in thousands in the data provided to you. Round your answer to the nearest cent. For accounts with a provided to you in the problem statement Enter the shares of outstanding common balance s where propriate) in thousands of share of common stock Harmony generates L Price learnings ratio Enter the formula on the first in ) the call the PE w on the new nepound your answered is p According to this ratio, the of one share of or share of lock. A comparison overpriced or underpriced compared to the industry then continue to the next