From the given Statement of Financial Position and Income statement, solve for the following: 1) Compute the FINANCIAL ratios that measure: c) Operating Activity -Days Sales in Receivable -Days in Inventory d) Profitability -Earnings per Share -Return on Asset -Return on Equity -Operating Profit Margin -Net Profit Margin 2) Analyze, interpret, and draw conclusions based on the results of your computations.
From the given Statement of Financial Position and Income statement, solve for the following: 1) Compute the FINANCIAL ratios that measure: c) Operating Activity -Days Sales in Receivable -Days in Inventory d) Profitability -Earnings per Share -Return on Asset -Return on Equity -Operating Profit Margin -Net Profit Margin 2) Analyze, interpret, and draw conclusions based on the results of your computations.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
From the given
1) Compute the FINANCIAL ratios that measure:
c) Operating Activity
-Days Sales in Receivable
-Days in Inventory
d) Profitability
-Earnings per Share
-Return on Asset
-Return on Equity
-Operating Profit Margin
-Net Profit Margin
2) Analyze, interpret, and draw conclusions based on the results of your computations.
![AYBECI COMPANY
Comparative Statement of Financial Position
December 31
(in Thousand Dollars)
2020
2019
2018
ASSETS
Current Assets
Cash and Cash Equivalents
Short term Investments
Trade Receivables, net of $30.000 allowance
Note Receivable – related party
Other Receivables
Inventory
Prepaid Insurance
Total Current Assets
Non-Current Asset
Property, Plant and Equipment
Less Accumulated Depreciation
Total non-current Asset
TOTAL ASSET
12,628
12,000
529,949
18,941
80.532
252,567
7,500
914,117
91.100
193,230
485,000
12.325
11,254
12.000
510.435
21.543
212,515
7,500
1.001,670
252,567
7,500
815.299
209.330
87.260
122.070
1.123.740
209,330
75,332
133,998
1.048,115
209.330
64.034
145,296
960,595
LIABILITIES AND SHAREHOLDERS EQUITY
Current Liabilities
Accounts Payable
Accrued Expense
Notes Payable
Line of Credit
Current Portion of Long Term Debt
148.000
2,025
22,325
123.000
36,000
331,350
154,021
2,500
21,300
145.000
36.000
358,821
135,000
2,500
21.750
167.000
36.000
362,250
Total Current Liabilities
Non-Current Liabilities
Long Term Debt
Total Liabilities
114.686
446.036
117,343
476,164
117.345
479,595
Shareholders' Equity
Ordinary Share. $1 par value
Premium on Ordinary Shares
Retained Earnings
Total Shareholders' Equity
100.000
50,000
527.704
677,704
100,000
50.000
421.951
571,951
100.000
50.000
331.000
481.000
AYBECI CORPORATION
Comparative Income Statement
For the year ended December 31
(in Thousand Dollars)
2020
2019
1.986.456
1.187.652
798.804
556.732
242.072
Net Sales
Less: Cost of Sales
Gross Income
Less: Other Operating Expense
Operating Income
Less: Other Expense
Interest
Other Expense
Net Income before Taxes
| Less: Income Tax
NET INCOME AFTER TAXES
2.013.225
1.201.000
812.225
562.705
249.520
16.383
4,884
228.253
22.500
205.753
16.453
2,600
223.019
22,300
200.719](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F114e2558-0d3e-46b7-93e7-0a23b7d295f7%2F47076afb-b92c-47c7-930c-4aa0a7f6dca4%2Fzu0kqh_processed.png&w=3840&q=75)
Transcribed Image Text:AYBECI COMPANY
Comparative Statement of Financial Position
December 31
(in Thousand Dollars)
2020
2019
2018
ASSETS
Current Assets
Cash and Cash Equivalents
Short term Investments
Trade Receivables, net of $30.000 allowance
Note Receivable – related party
Other Receivables
Inventory
Prepaid Insurance
Total Current Assets
Non-Current Asset
Property, Plant and Equipment
Less Accumulated Depreciation
Total non-current Asset
TOTAL ASSET
12,628
12,000
529,949
18,941
80.532
252,567
7,500
914,117
91.100
193,230
485,000
12.325
11,254
12.000
510.435
21.543
212,515
7,500
1.001,670
252,567
7,500
815.299
209.330
87.260
122.070
1.123.740
209,330
75,332
133,998
1.048,115
209.330
64.034
145,296
960,595
LIABILITIES AND SHAREHOLDERS EQUITY
Current Liabilities
Accounts Payable
Accrued Expense
Notes Payable
Line of Credit
Current Portion of Long Term Debt
148.000
2,025
22,325
123.000
36,000
331,350
154,021
2,500
21,300
145.000
36.000
358,821
135,000
2,500
21.750
167.000
36.000
362,250
Total Current Liabilities
Non-Current Liabilities
Long Term Debt
Total Liabilities
114.686
446.036
117,343
476,164
117.345
479,595
Shareholders' Equity
Ordinary Share. $1 par value
Premium on Ordinary Shares
Retained Earnings
Total Shareholders' Equity
100.000
50,000
527.704
677,704
100,000
50.000
421.951
571,951
100.000
50.000
331.000
481.000
AYBECI CORPORATION
Comparative Income Statement
For the year ended December 31
(in Thousand Dollars)
2020
2019
1.986.456
1.187.652
798.804
556.732
242.072
Net Sales
Less: Cost of Sales
Gross Income
Less: Other Operating Expense
Operating Income
Less: Other Expense
Interest
Other Expense
Net Income before Taxes
| Less: Income Tax
NET INCOME AFTER TAXES
2.013.225
1.201.000
812.225
562.705
249.520
16.383
4,884
228.253
22.500
205.753
16.453
2,600
223.019
22,300
200.719
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