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5. See the below table for the Dog Voices Corporation (DVC): a. Pick any three (3) ratios and explain on the strengths and weaknesses of its performance from 2020 to 2021. Type out the answers in the Excel answer sh b. Then, pick any three (3) other ratios, and compare DVC in 2021 to the industry. Ratio Analysis 2021 2020 Industry Avga Liquidity Current ratio 2.33 2.11 2.7 Acid-Test Ratio 0.85 0.69 1.36 Asset Management Inventory turnoverb 5.74 4.47 7.0 Days sales outstandingc 41.79 37.94 32 Fixed assets turnoverb 9.84 11.80 13.0 Total assets turnoverb 1.81 2.18 2.6 Profitability Return on assets 3.00% 4.76% 9.1% Return on equity 12.22% 11.47% 18.2% Profit margin .43% 2.64% 3.5% Debt Management Debt-to-assets ratio 64.81% 49.81% 50.0%

5. See the below table for the Dog Voices Corporation (DVC): a. Pick any three (3) ratios and explain on the strengths and weaknesses of its performance from 2020 to 2021. Type out the answers in the Excel answer sh b. Then, pick any three (3) other ratios, and compare DVC in 2021 to the industry. Ratio Analysis 2021 2020 Industry Avga Liquidity Current ratio 2.33 2.11 2.7 Acid-Test Ratio 0.85 0.69 1.36 Asset Management Inventory turnoverb 5.74 4.47 7.0 Days sales outstandingc 41.79 37.94 32 Fixed assets turnoverb 9.84 11.80 13.0 Total assets turnoverb 1.81 2.18 2.6 Profitability Return on assets 3.00% 4.76% 9.1% Return on equity 12.22% 11.47% 18.2% Profit margin .43% 2.64% 3.5% Debt Management Debt-to-assets ratio 64.81% 49.81% 50.0%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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5. See the below table for the Dog Voices Corporation (DVC): a. Pick any three (3) ratios and explain on the strengths and weaknesses of its performance from 2020 to 2021. Type out the answers in the Excel answer shee b. Then, pick any three (3) other ratios, and compare DVC in 2021 to the industry. Ratio Analysis 2021 2020 Industry Avga Liquidity Current ratio 2.33 2.11 2.7 Acid-Test Ratio 0.85 0.69 1.36 Asset Management Inventory turnoverb 5.74 4.47 7.0 Days sales outstandingc 41.79 37.94 32 Fixed assets turnoverb 9.84 11.80 13.0 Total assets turnoverb 1.81 2.18 2.6 Profitability Return on assets 3.00% 4.76% 9.1% Return on equity 12.22% 11.47% 18.2% Profit margin .43% 2.64% 3.5% Debt Management Debt-to-assets ratio 64.81% 49.81% 50.0% Market Value PIE ratio 3.43 5.65 6.0 Price/cash flow ratio 1.60 2.18 3.5 a Industry average ratios have been constant for the past 4 years. b Based on year-end balance sheet figures. c Calculation is based on a 365-day year.
Transcribed Image Text:5. See the below table for the Dog Voices Corporation (DVC): a. Pick any three (3) ratios and explain on the strengths and weaknesses of its performance from 2020 to 2021. Type out the answers in the Excel answer shee b. Then, pick any three (3) other ratios, and compare DVC in 2021 to the industry. Ratio Analysis 2021 2020 Industry Avga Liquidity Current ratio 2.33 2.11 2.7 Acid-Test Ratio 0.85 0.69 1.36 Asset Management Inventory turnoverb 5.74 4.47 7.0 Days sales outstandingc 41.79 37.94 32 Fixed assets turnoverb 9.84 11.80 13.0 Total assets turnoverb 1.81 2.18 2.6 Profitability Return on assets 3.00% 4.76% 9.1% Return on equity 12.22% 11.47% 18.2% Profit margin .43% 2.64% 3.5% Debt Management Debt-to-assets ratio 64.81% 49.81% 50.0% Market Value PIE ratio 3.43 5.65 6.0 Price/cash flow ratio 1.60 2.18 3.5 a Industry average ratios have been constant for the past 4 years. b Based on year-end balance sheet figures. c Calculation is based on a 365-day year.
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