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WHAT IS THE DAYS IN SELLING PERIOD, THE NUMBER OF DAYS IN COLLECTION PERIOD, THE SOLVENCY MEASURES, THE BASIC EARNINGS PER SHARE, AND THE PRICE
WHAT IS THE DAYS IN SELLING PERIOD, THE NUMBER OF DAYS IN COLLECTION PERIOD, THE SOLVENCY MEASURES, THE BASIC EARNINGS PER SHARE, AND THE PRICE EARNINGS RATIO?
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12/31/18 12/31/17 - 1% -2% $ Income Statement (or Statement of Operations) Period covered on the income statement Net revenues (or net sales) - Cost of goods sold = Gross profit + Other operating income -Operating expenses = Operating Income (Loss) Interest expense +/- Other gains, (losses), income, (expense) = Income before taxes - /+Income tax (expense) benefit +/- Other gains, (losses), income, (expense) = Net income (or Net earnings) 12/31/19 15,693$ (6,368) 9,325 (196) (5,575) 3,554 (108) (145) 3,301 (774) (160) 2,367 12/31/18 15,544 $ (6,313) 9,231 (148) (5,389) 3,694 (87) (143) 3,464 (906) (158) 2,400 12/31/17 15,454 (6,174) 9,280 (173) (5,400) 3,707 (118) (102) 3,487 (1,313) (150) 2,024 12/31/19 100% -41% 59% - 1% -36% 23% - 1% - 1% 21% -5% - 1% 15% 12/31/18 100% -41% 59% - 1% -35% 24% -1% -1% 22% -6% -1% 15% 12/31/17 100% -40% 60% (0.01) -35% 24% - 1% - 1% 23% -8% -1% 13% 12/31/19 12/31/18 - 1% - 1% -1% -32% -3% 4% -24% - 1% 5% 1% 14% 0% 0% 26% -40% 1% 31% -5% -19% 15% - 1% 1% 12/31/19 883 1,440 12/31/18 726 $ $ $ 12/31/17 1,535 1,480 1,400 1,400 1,250 1,221 Balance Sheet (or Statement of Financial Position) Cash + Accounts receivable + Notes receivable + Inventory + Marketable securities (short term investments) + Other current assets = Total current assets + Property, plant and equipment + Intangible assets (goodwill, etc.) + Other non-current assets = Total assets 456 4,179 3,750 6,175 930 15,034 $ 417 3,793 3,881 4,167 320 12,161 403 4,639 4,072 3,559 406 12,676 $ $ $ $ 1,222 $ 1,212 Accounts payable + Short-term borrowings (current portion of LT debt) + Other current liabilities = Total current liabilities + Long-term debt + Other long term liabilities = Total liabilities (total debts) 1,237 254 2,547 4,038 7,333 3,105 14,476 2,119 3,341 6,354 2,269 11,964 2,196 3,408 6,566 2,459 12,433 Stock (Common & preferred) + Additional paid in capital + Retained earnings - Treasury stock +/- Other equity Total stockholders' equity Total liabilities and stockholders' equity 1,466 2,488 22,501 (22,063) (4,275) 117 14,593 $ 1,466 2,204 21,615 (21,196) (4,191) (102) 11,862$ 1,466 1,984 20,531 (20,181) (3,860) (60) 12,373 $ 12/31/19 12/31/18 12/31/17 1.0 11.2 1.1 12.4 1.4 12.7 10.9 11.1 10.4 Ratios Liquidity Current ratio Inventory turnover Days in selling period Accounts receivable turnover Number of days in collection period Solvency Measures Fixed assets to long-term liabilties Liabilities to stockholders equity Times interest earned Profitability Asset turnover Return on assets Return on stockholders' equity Basic earnings per share* Price-earnings ratio 1.0 15.7% 2023.1% 1.3 19.7% -2352.9% 1.2 16.0% -3373.3%Step by Step Solution
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