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dered good for manu- Changes in Various Ratios Presented below is selected information for Turner Company: ysis. considered very good.) P14-5A, Sales revenue.. Cost of goods sold Interest expense. Income tax expense Net income.. Cash flow from operating activities. Capital expenditures.... Accounts receivable (net), December 31 Inventory, December 31.. Stockholders' equity, December 31 Total assets, December 31.... 2019 2018 $950,000 575,000 20,000 27,000 $850,000 545,000 20,000 30,000 55,000 60,000 ..... 65,000 70,000 45,000 126,000 196,000 450,000 750,000 45,000 120,000 160,000 400,000 675,000 Required Calculate the following ratios for 2019. The 2018 results are given for comparative purposes. a.

dered good for manu- Changes in Various Ratios Presented below is selected information for Turner Company: ysis. considered very good.) P14-5A, Sales revenue.. Cost of goods sold Interest expense. Income tax expense Net income.. Cash flow from operating activities. Capital expenditures.... Accounts receivable (net), December 31 Inventory, December 31.. Stockholders' equity, December 31 Total assets, December 31.... 2019 2018 $950,000 575,000 20,000 27,000 $850,000 545,000 20,000 30,000 55,000 60,000 ..... 65,000 70,000 45,000 126,000 196,000 450,000 750,000 45,000 120,000 160,000 400,000 675,000 Required Calculate the following ratios for 2019. The 2018 results are given for comparative purposes. a.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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% are considered very good.) considered good for manu- analysis. P14-5A. Changes in Various Ratios Presented below is selected information for Turner Company: Sales revenue. Cost of goods sold Interest expense. Income tax expense Net income... Cash flow from operating activities. Capital expenditures... Accounts receivable (net), December 31 Inventory, December 31.. Stockholders' equity, December 31 Total assets, December 31. 2019 2018 $950,000 575,000 20,000 27,000 65,000 70,000 45,000 126,000 196,000 450,000 750,000 $850,000 545,000 20,000 30,000 55,000 60,000 45,000 120,000 160,000 400,000 675,000 Required Calculate the following ratios for 2019. The 2018 results are given for comparative purposes. а.
Transcribed Image Text:% are considered very good.) considered good for manu- analysis. P14-5A. Changes in Various Ratios Presented below is selected information for Turner Company: Sales revenue. Cost of goods sold Interest expense. Income tax expense Net income... Cash flow from operating activities. Capital expenditures... Accounts receivable (net), December 31 Inventory, December 31.. Stockholders' equity, December 31 Total assets, December 31. 2019 2018 $950,000 575,000 20,000 27,000 65,000 70,000 45,000 126,000 196,000 450,000 750,000 $850,000 545,000 20,000 30,000 55,000 60,000 45,000 120,000 160,000 400,000 675,000 Required Calculate the following ratios for 2019. The 2018 results are given for comparative purposes. а.
2018 35.9% 1. Gross profit percentage 8.3% 2. Return on assets 6.5% 3. Return on sales Return on common stockholders' equity (no preferred stock was outstanding) Accounts receivable turnover. 13.9% 8.00 4. 5. Average collection period. Inventory turnover. Times-interest-earned ratio 45.6 day 6. 3.61 7. 5.25 8. 1.33 9. Operating-cash-flow-to-capital-expenditures ratio . Comment on the changes between the two years.
Transcribed Image Text:2018 35.9% 1. Gross profit percentage 8.3% 2. Return on assets 6.5% 3. Return on sales Return on common stockholders' equity (no preferred stock was outstanding) Accounts receivable turnover. 13.9% 8.00 4. 5. Average collection period. Inventory turnover. Times-interest-earned ratio 45.6 day 6. 3.61 7. 5.25 8. 1.33 9. Operating-cash-flow-to-capital-expenditures ratio . Comment on the changes between the two years.
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