13. Inventory turnover is gene a more important ratio for a manufacturing firm than a service firm O True O False
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- 16.. ratios measure the ability of a firm to earn an adequate return on sales, O A) Asset utilization O B) Liquidity O C) Profitability O D) Debt utilization2. Calculate the projected inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. How does Abiproffy's utilization of assets stack up against other firms in its industry? Calculate the projected current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company's liquidity position and its trend? Calculate the projected debt ratio, the debt-to-equity ratio, liabilities-to-assets ratio, earnings multiplier, times-interest-earned, and EBITDA coverage ratios. How does Abiproffy compare with the industry with respect to financial leverage? What can you conclude from these ratios? Calculate the projected price/earnings ratio and market/book ratio. Do these ratios indicate that investors are expected to have a high or low opinion of the company? It is commonly recommended that the managers of a firm compare the performance of their firm to that of its peers. Increasingly, this is becoming a…Give a comment on the financial health and performance of the company (as benchmarked with competitors) using the following liquidity ratios: current ratio recievable turnover inventory turnover quick ratio
- Company X is competing with company Y. These are their ratios: x y Total Asset Trunover .462 .361 Inventory Turnover 30.23 37.40 Accounts Receivable n/a n/a Based on Asset Utilization/Management Efficiency, which company is doing better when compared to the other?Enrichment Activity 8-1. Financial Statement Analysis Analyze the Financial Statements of GnG Mini Mart for 2021 only through different financial statement ratios. Compare your results to industry ratios indicated in the next page. Complete the analysis using the ratios provided. Show your computations. GnG Mini Mart Statement of Comprehensive Income For the years ended December 31 2021 2020 Sales Less: Sales Discounts 938,250 131,355 1,042,500 156,375 886,125 806,895 420,900 385,995 165,435 220,560 66,168 154,392 Net Sales P Less: Cost of Goods Sold Gross Profit 468,200 417,925 Less: Operating Expenses 187,356 Net Income before Tax 230,569 Less: Income Tax 69,171 161,398 Net Income after Tax GnG Mini Mart Statement of Financial Position December 31 2021 2020 Assets Current Assets Cash & cash equivalents Trade & Other Receivables 833,755 61,515 851,400 55,500 52,115 Inventories Prepaid Expenses Total Current Assets Non Current Assets 43,620 32,000 970,890 P 1,002,215 43,200 Property,…Use the following finanical statements to compute 1) Quick ratio 2) Inventory turnover 3) Total debt to total capital ratio 4) ROE 5) Price to earning (P/E) ratio
- Calculate the projected inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. How does Computron’s utilization of assets stack up against that of other firms in its industry?1 When examining the current ratio and looking at the company's liquidity, which of the following ratios would NOT assist with evaluating liquidity? A) inventory turnover B) receivables turnover C) quick ratio D) profit marginDefine each of the following terms:a. Liquid assetb. Liquidity ratios: current ratio; quick (acid test) ratioc. Asset management ratios: inventory turnover ratio; days sales outstanding (DSO);fixed assets turnover ratio; total assets turnover ratiod. Debt management ratios: total debt to total capital; times-interest-earned (TIE) ratioe. Profitability ratios: operating margin; profit margin; return on total assets (ROA);return on common equity (ROE); return on invested capital (ROIC); basic earning power (BEP) ratiof. Market value ratios: price/earnings (P/E) ratio; market/book (M/B) ratio; enterprise value/EBITDA ratio g. DuPont equation; benchmarking; trend analysish. “Window dressing” techniques
- Using the information from 27A prepare the following ratios: gross profit margin profit margin return on assets earnings per share current ratio acid test ratio debt ratio Indicate what each is used for (ie: measuring efficiency, solvency etc)Given the profit loss (income statement) and balance sheet for Sam’sSandwich Delivery (Table 4–8), answer the following:a. Calculate the current and quick ratios.b. Using the inventory figure on the balance sheet as average inventory, calculatethe inventory turnover ratio.c. Calculate the debt-to-equity ratio, debt-to-total-asset ratio, and operatingprofit margin ratio.d. Perform a vertical analysis of the income statement.e. Perform a vertical analysis of the balance sheet.f. Based on your analysis, would you consider investing in Sam’s SandwichDelivery?tx Consolidated Statements of Income for Macy's Inc., Feb. 03, 2018-Feb. 02, 2019 (in millions, except per share data) Net sales Credit Card Revenues, Net Cost of Sales Selling, General, and Administrative Expenses Gains on Sale of Real Estate Restructuring, Impairment, Store Closing, and Other Costs Operating Income/Loss Benefit Plan Income Settlement Charges Interest Expense Gains (Losses) on Early Retirement of Debt Interest Income Income (loss) before Income Taxes Federal, State, and Local Income Tax Benefit (Expense) Net Income (Loss) Net Loss Attributed to Noncontrolling Interest Net Income Attributed to Macy's, Inc. Shareholders Basic Earnings per Share Attributable to Macy's, Inc. Shareholders Diluted Earnings per Share Attributable to Macy's, Inc. Shareholders Gamble7e_C01 Fi....pptx PS OLI Prev ww UM Saved 2019 $24,971 768 (15,215) (9,039) 389 (136) 1,738 39 (88) (261) (33) 25 1.420 (322) 1.098 10 $1.108 $3,60 $3.56 2018 $24.939 702 (15,181) (8,954) 544 Consolidated Balance…
