Hello can I find the Total asset turnover ratio, Fixed asset turnover ratio, Receivables turnover ratio, Inventory turnover ratio, Accounts payable turnover ratio, and Cash conversion cycle length for 2021 and 2020?
Hello can I find the Total asset turnover ratio, Fixed asset turnover ratio, Receivables turnover ratio, Inventory turnover ratio, Accounts payable turnover ratio, and Cash conversion cycle length for 2021 and 2020?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Hello can I find the Total asset turnover ratio, Fixed asset turnover ratio, Receivables turnover ratio, Inventory turnover ratio, Accounts payable turnover ratio, and Cash conversion cycle length for 2021 and 2020?
![ASSETS
Current assets:
Cash and cash equivalents
Short-term investments
Accounts receivable, net of allowances of $20.2 and $17.7 as of December 31, 2021, and 2020, respectively
Inventory
Prepaids and other current assets
Total current assets
Property, plant, and equipment, net
Long-term investments
Deferred tax assets
Intangible and other assets, net
Goodwill
Total assets
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
Accrued compensation and employee benefits
Deferred revenue
Other accrued liabilities
Total current liabilities
Other long-term liabilities
Total liabilities
Commitments and contingencies (Note 8)
Stockholders' equity:
Preferred stock, 2.5 shares authorized, $0.001 par value, issuable in series; no shares issued and outstanding as of December 31, 2021, and 2020
Common stock, 600.0 shares authorized, $0.001 par value, 357.7 shares and 353.1 shares issued and outstanding as of December 31, 2021, and 2020, respectively
Additional paid-in capital
Retained earnings
$
2021
1,290.9
2,913.1
782.7
587.1
271.1
5,844.9
1,876.4
4,415.5
441.4
633.2
343.6
13,555.0
121.2
350.1
377.2
301.3
1,149.8
453.7
1,603.5
=
0.4
7,164.0
4,760.9
$
$
$
2020
1,622.6
3,488.8
645.5
601.5
267.5
6,625.9
1,577.3
1,757.7
367.7
503.6
336.7
11,168.9
81.6
235.0
350.3
298.3
965.2
444.6
1,409.8
BLITT
6.
3,261.3](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe5b66953-d8c0-491f-82b9-53ac9723ea16%2F036c691a-7111-4054-ba44-4a3a6dc0c26b%2F4a0rgmt_processed.png&w=3840&q=75)
Transcribed Image Text:ASSETS
Current assets:
Cash and cash equivalents
Short-term investments
Accounts receivable, net of allowances of $20.2 and $17.7 as of December 31, 2021, and 2020, respectively
Inventory
Prepaids and other current assets
Total current assets
Property, plant, and equipment, net
Long-term investments
Deferred tax assets
Intangible and other assets, net
Goodwill
Total assets
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
Accrued compensation and employee benefits
Deferred revenue
Other accrued liabilities
Total current liabilities
Other long-term liabilities
Total liabilities
Commitments and contingencies (Note 8)
Stockholders' equity:
Preferred stock, 2.5 shares authorized, $0.001 par value, issuable in series; no shares issued and outstanding as of December 31, 2021, and 2020
Common stock, 600.0 shares authorized, $0.001 par value, 357.7 shares and 353.1 shares issued and outstanding as of December 31, 2021, and 2020, respectively
Additional paid-in capital
Retained earnings
$
2021
1,290.9
2,913.1
782.7
587.1
271.1
5,844.9
1,876.4
4,415.5
441.4
633.2
343.6
13,555.0
121.2
350.1
377.2
301.3
1,149.8
453.7
1,603.5
=
0.4
7,164.0
4,760.9
$
$
$
2020
1,622.6
3,488.8
645.5
601.5
267.5
6,625.9
1,577.3
1,757.7
367.7
503.6
336.7
11,168.9
81.6
235.0
350.3
298.3
965.2
444.6
1,409.8
BLITT
6.
3,261.3
![Revenue:
Product
Service
Total revenue
Cost of revenue:
Product
Service
Total cost of revenue
Product gross profit
Service gross profit
Gross profit
Operating expenses:
Selling, general and administrative
Research and development
Total operating expenses
Income from operations
Interest and other income, net
Income before taxes
Income tax expense
Net income
Less: net income attributable to noncontrolling interest in joint venture
Net income attributable to Intuitive Surgical, Inc.
$
$
2021
4,793.9
916.2
5,710.1
1,464.1
287.5
1,751.6
3,329.8
628.7
3,958.5
1,466.5
671.0
2,137.5
1,821.0
69.3
1,890.3
162.2
1,728.1
23.5
1,704.6
% of
total
revenue
84% $
16%
100 %
26%
5%
31%
58 %
11%
69 %
25 %
12%
37%
32%
1%
33 %
3%
30%
- %
30% $
Years Ended December 31,
2020
3,634.6
723.8
4,358.4
1,230.3
266.9
1,497.2
2,404.3
456.9
2,861.2
1,216.3
595.1
1,811.4
1,049.8
157.2
1,207.0
140.2
1,066.8
6.2
1,060.6
% of
total
revenue
83% $
17%
100 %
28 %
6%
34%
55 %
11%
66 %
28%
14%
42%
24 %
4%
28%
3%
24 %
-%
24% $
2019
3,754.3
724.2
4,478.5
1,119.1
249.2
1,368.3
2,635.2
475.0
3,110.2
1,178.4
557.3
1,735.7
1,374.5
127.7
1,502.2
120.4
1,381.8
2.5
1,379.3
% of
total
revenue
84 %
16%
100%
25%
6%
31%
59%
10%
69%
26%
12%
38 %
31%
3%
34%
3%
31%
-%
31%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe5b66953-d8c0-491f-82b9-53ac9723ea16%2F036c691a-7111-4054-ba44-4a3a6dc0c26b%2Fz49pxwn_processed.png&w=3840&q=75)
Transcribed Image Text:Revenue:
Product
Service
Total revenue
Cost of revenue:
Product
Service
Total cost of revenue
Product gross profit
Service gross profit
Gross profit
Operating expenses:
Selling, general and administrative
Research and development
Total operating expenses
Income from operations
Interest and other income, net
Income before taxes
Income tax expense
Net income
Less: net income attributable to noncontrolling interest in joint venture
Net income attributable to Intuitive Surgical, Inc.
$
$
2021
4,793.9
916.2
5,710.1
1,464.1
287.5
1,751.6
3,329.8
628.7
3,958.5
1,466.5
671.0
2,137.5
1,821.0
69.3
1,890.3
162.2
1,728.1
23.5
1,704.6
% of
total
revenue
84% $
16%
100 %
26%
5%
31%
58 %
11%
69 %
25 %
12%
37%
32%
1%
33 %
3%
30%
- %
30% $
Years Ended December 31,
2020
3,634.6
723.8
4,358.4
1,230.3
266.9
1,497.2
2,404.3
456.9
2,861.2
1,216.3
595.1
1,811.4
1,049.8
157.2
1,207.0
140.2
1,066.8
6.2
1,060.6
% of
total
revenue
83% $
17%
100 %
28 %
6%
34%
55 %
11%
66 %
28%
14%
42%
24 %
4%
28%
3%
24 %
-%
24% $
2019
3,754.3
724.2
4,478.5
1,119.1
249.2
1,368.3
2,635.2
475.0
3,110.2
1,178.4
557.3
1,735.7
1,374.5
127.7
1,502.2
120.4
1,381.8
2.5
1,379.3
% of
total
revenue
84 %
16%
100%
25%
6%
31%
59%
10%
69%
26%
12%
38 %
31%
3%
34%
3%
31%
-%
31%
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