Book1 19X1 19X0 $953 $631 $201 $59 $5,824 $4,655 $6,978 $5,345 $4,635 $1,114 $11,613 $6,459 19X1 19X0 $783 $685 $490 $496 $241 $97 $86 $84 $1,600 $1,362 $3,054 $564 $4,654 $1,926 $6,959 $4,533 $11,613...

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Book1 19X1 19X0 $953 $631 $201 $59 $5,824 $4,655 $6,978 $5,345 $4,635 $1,114 $11,613 $6,459 19X1 19X0 $783 $685 $490 $496 $241 $97 $86 $84 $1,600 $1,362 $3,054 $564 $4,654 $1,926 $6,959 $4,533 $11,613 $6,459 12/31/X1 12/31/X0 $23,117 $18,428 $13,174 $10,630 $9,943 $7,798 $7,460 $5,976 $2,483 $1,822 $317 $177 $1,029 $698 $1,137 $947 Earnings before Interest & Taxes Interest Taxes Net Income Income Statement for the Fiscal Year Ended: Sales Cost of Goods Sold Gross Profit Selling & Administrative Expenses Long Term Debt Total Liabilities Accounts Payable Equity Total Liabilities & Equity Liabilities Accured Expenses Rentals Owed Taxes Due Total Current Liabilities Current Liabilities Cash and Cash Equivalents Accounts Receivable Inventory Property and Equipment Total Assets Total Current Assets Perform a ratio analysis for the years 19X1 and 19X0 using the following financial statements, and answer subsequent questions. Firm X Balance Sheet as of 12/31/XX Current Assets Assets IND AVG. 19X1 19X0 4:1 0.4:1 3 Days 5X 11% 3.50% 10% 22% 50% 5X B. Evaluate the firms performance on both time series and cross section basis over the 19X0 - 19X1 period. Operating Profit Margin Return on Asset Return on Equity Debt Ratio Interest Coverage Net Profit Margin Current Ratio Quick Ratio Average Collection Period Inventory Turnover A. Fill in the table presented. Given the following industry averages, are any weaknesses revealed in the ratio analysis?
Answered Same DayApr 22, 2021

Answer To: Book1 19X1 19X0 $953 $631 $201 $59 $5,824 $4,655 $6,978 $5,345 $4,635 $1,114 $11,613 $6,459 19X1...

Vishnu answered on Apr 22 2021
135 Votes
ACCOUNTING
A.
    
    IND AVG
    19X1
    19X0
    Current ratio
    4:01
    4.3:1
    3.9:1
    Quick ratio
    
0.4:1
    0.72:1
    0.50:1
    Average collection period
    3 days
    3.1 days
    1.16 days
    Inventory turnover
    5x
    2.26x
    2.28x
    Operating profit margin
    11%
    10.7%
    9.9%
    Net profit margin
    3.50%
    4.9%
    5.1%
    Return on Asset
    10%
    10%
    15%
    Return on Equity
    22%
    16%
    21%
    Debt ratio
    50%
    40%
    30%
    Interest coverage
    5x
    7.8x
    10.3x
Inventory Turnover is a weakness of the firm as compared...
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