Other Data Average net accounts receivable $7,900 $4,200 Average inventory 7,200 33,700 Net cash provided by operating activities 5,800 26,200 Capital expenditures 1,700 12,400 Dividends 460 3,600 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free cash flow answers to O decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%.) Ratio Target Wal-Mart (1) Current ratio :1 :1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in inventory days days (6) Profit margin % (7) Asset turnover times times (8) Return on assets % % Return on common stockholders' (9) % equity (10) Debt to assets ratio (11) Times interest earned times times (12) Free cash flow $ $
Other Data Average net accounts receivable $7,900 $4,200 Average inventory 7,200 33,700 Net cash provided by operating activities 5,800 26,200 Capital expenditures 1,700 12,400 Dividends 460 3,600 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free cash flow answers to O decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%.) Ratio Target Wal-Mart (1) Current ratio :1 :1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in inventory days days (6) Profit margin % (7) Asset turnover times times (8) Return on assets % % Return on common stockholders' (9) % equity (10) Debt to assets ratio (11) Times interest earned times times (12) Free cash flow $ $
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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