What was Chem-Meds rate of sales growth in 2015? What is it forecasted to be in 2016, 2017, and 2018?

What was Chem-Meds net income growth in 2015? What is it forecasted to be in 2016, 2017, and 2018? Is projected net income growing faster or slower than projected sales? After computing these values, take a hard look at the 2016 income statement data to see if you want to make any adjustments.

How does Chem-Meds current ratio for 2015 compare to Pharmacias? How does it compare to the industry average? Compute Chem-Meds current ratio for 2018. Is there any problem with it?

What is Chem-Meds total debt-to-assets ratio for 2015, 2016, 2017, 2018? Is any trend evident in the four-year period? Does Chem-Med in 2015 have more or less debt than the average company in the industry?

What is Chem-Meds average accounts receivable collection period for 2015, 2016, 2017, 2018? Is the period getting longer or shorter? What are the consequences?

How does Chem-Meds return-on-equity ratio (ROE) compare to Pharmacias and the industry for 2015? Using the Du Pont method, compare the positions of Chem-Med and Pharmacia. Compute ROE for each company using the following formula:

ROE = Profit margin Asset turnover/(1Debt to assets)

Compare the results to determine the sources of ROE for each company.