Dian Duty Free is a are retail outlets whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component. Attached the Financial ratios of Dian Duty Free in 2018 to 2019. Please analyze the Dian Duty Free Financial Ratios based on the table attached.
Dian Duty Free is a are retail outlets whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component. Attached the Financial ratios of Dian Duty Free in 2018 to 2019. Please analyze the Dian Duty Free Financial Ratios based on the table attached.
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
Problem 1PS
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Dian Duty Free is a are retail outlets whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component.
Attached the Financial ratios of Dian Duty Free in 2018 to 2019.
Please analyze the Dian Duty Free Financial Ratios based on the table attached.
Transcribed Image Text:FINANCIAL RATIO CALCULATION
2019
2018
1
Current Ratio
11.31%
18.60%
L
Cash Ratio
A
U
2
9.38%
15.68%
3
Quick Ratio
9.45%
15.68%
Net Working Capital
-446.19%
-219.01%
Ratio
5
Debt Ratio
503.07%
269.04%
OR
LA
6
Debt to Equity Ratio
0.00%
-54.97%
V T
E I
NO
7
Equity Ratio
-405.78%
-378.96%
C S
Y
8
Interest Coverage Ratio
-27.92%
-307.92%
- D - TY
Transcribed Image Text:FINANCIAL RATIO CALCULATION
2019
2018
Working Capital
9
0.10
0.18
-
Turnover
10
Inventory Turnover
1.05
0.72
Y
11
Assets Turnover
0.44
0.39
R
Receivable
12
1.18
0.82
T
Turnover
Average Collection
Period
13
310.57
446.56
14
Net Profit Margin
-68.60%
-205.92%
15
Gross Profit Margin
10.78%
12.36%
16
Operating Margin
-57.26%
-87.03%
Return on Assets
17
-30.48%
-79.43%
(ROA)
Return on Equity
A
18
7.51%
20.96%
(ROE)
Basic Earning
19
0.25
0.34
Роwег Ratio
LROF-TABILITY
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