Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

yes 2017 2016 2015 2014 $13,848 $13,673 $11,635 $9,054 9704 8599 6775 5318 109 45 46 338 1445 1817 1333 -8 877 1127 824 76

image text in transcribed
image text in transcribed
yes
2017 2016 2015 2014 $13,848 $13,673 $11,635 $9,054 9704 8599 6775 5318 109 45 46 338 1445 1817 1333 -8 877 1127 824 76 75 77 75 76 Operating Results Net Sales COGS (excluding depreciation and amortization) Interest Expense Income from Operations Net Earnings Cash Dividends 1 Financial Position: Merchandise Inventory Total Assets Current Ratio Shareholders' Equity Average number of shares of common stock outstanding (in thousands) 1677 7591 1.48:1 3010 1904 7012 0.95:1 2928 1462 1056 5189 3963 1.25:1 11.20:1 2630 1574 860 879 895 576 Compute the following ratios for 2015 through 2017 and evaluate Bechuram's operating results. Are operating results strong or weak? Did they improve or deteriorate during the three-year period? Your analysis will reveal a clear trend. a. Inventory turnover (assume occupancy expenses are included in cost of goods sold) b. Gross profit percentage c. Operating income (profiti percentage Total Assets Current Ratio Shareholders' Equity Average number of shares of common stock outstanding (in thousands) 7591 1.48:1 3010 7012 0.95:1 2928 5189 1.25:1 2630 3963 1.20-1 1574 860 879 895 576 Compute the following ratios for 2015 through 2017 and evaluate Bechuram's operating results. Are operating results strong or weak? Did they improve or deteriorate during the three-year period? Your analysis will reveal a clear trend. a. Inventory turnover (assume occupancy expenses are included in cost of goods sold) b. Gross profit percentage c. Operating income (profit) percentage d. Return on sales e. Asset turnover f. Return on assets g. Leverage ratio h. Return on shareholders' equity i. Times-interest-earned ratio j. Earnings per share

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

Step: 3

blur-text-image

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

Auditing IT Infrastructures For Compliance

Authors: Robert Johnson, Marty Weiss, Michael G. Solomon

3rd Edition

1284236609, 9781284236606

More Books

Students also viewed these Accounting questions

Question

5. Explain how ERISA protects employees pension rights.

Answered: 1 week ago