following ratios for 2021. 1) Inventory turnover 2) Profit margin 3) Return on assets
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After reviewing the information, calculate the following ratios for 2021.
1) Inventory turnover
2) Profit margin
3) Return on assets
4)
Round all answers to two decimal places.
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Solved in 4 steps
- - Calculate ratiosHere is some financial statement data for Nestlé (in millions of Swiss francs):2021 2020Total current assets 39,257 34,068Inventory 11,982 10,101Total assets 139,142 124,028Net sales 87,088 84,343Cost of goods sold 45,468 42,971Gross profit 12,159 14,233Interest expense 753 815Net income 17,196 12,372Net cash provided by operating activities 16,645 17,157Capital expenditures 4,880 4,076Cash dividends 7,983 7,968Investing cash flow 3,044 5,667PurposeThe purpose of this problem is to demonstrate an understanding of analyzing a company's performance using ratio analysis and calculating ratios.InstructionsAfter reviewing the information, calculate the following ratios for Nestlé for 2021:1) Inventory turnover2) Profit margin3) Return on assets4) Free cash flowRound all answers to two decimal places. Do not include dollar signs because Nestlé's accounting information is in Swiss Francs. Show the calculationsfor each answer.GuidanceFor guidance, see the ratio analysis…Here is some financial statement data for Nestlé (in millions of Swiss francs): After reviewing the information, calculate the following ratios for Nestlé for 2021:1) Inventory turnover2) Profit margin3) Return on assets4) Free cash flowRound all answers to two decimal places. Do not include dollar signs because Nestlé's accounting information is in Swiss francs. Show the calculations for each answer.Selected XYZ financials (in dollars) 25,240,000 24,324,000 18,785,000 2,975,000 12,600,000 10,550,000 2,875,000 3,445,000 Gross income Total Sales Total Credit Sales, Net Income Cost of Goods Sold Total Assets Average Inventory Average Accounts receivable What is the asset turover ratio for Firm XYZ. (round to 3 decimals)
- Corporation.Gross income $25,240,000Total sales 24,324,000Total credit sales 18,785,000Net income 2,975,000Cost of goods sold 12,600,000Total assets 10,550,000Average inventory 2,875,000Average receivables 3,445,000a. Compute the receivable turnover ratio.b. Compute the inventory turnover ratio.c. Compute the asset turnover ratio.If the French bank Société Générale reported its 2019 net income was 23,561 million euros and its operating expenses totaled 16,016 million euros, what was its gross profit? (Enter your answer in millions of euros.) Gross Profit= Gross Profit million eurosTotal Net Fixed Assets Total Assets O 14.97 siven, O 16.05 O 9.63 Cash Accounts Receivable Inventory Click to open: O 12.59 Net Sales Less: Cost of Goods Sold Less: Depriciation Earnings before Interest and Taxes O 10.12 Less: Interest Paid Taxable income Less: Taxes Net Income Precision Tools 2012 Income Statement ($ in Millions) What is the times interest earned ratio for 2012? 2011 2060 3411 18776 24247 14160 38407 LE 36408 28225 1760 6423 510 5913 2070 3843 Precision Tools 2011 and 2012 Balance Sheets ($ in Millions) 2012 1003 Accounts Payable 4218 Long Term Debt 21908 Common Stock 27129 Retained Earnings 14080 41209 Total Liabilities and Equity 2011 7250 9800 15000 6357 38407 2012 8384 11500 17500 3825 41209 97
- 17. Halal Berhad’s comparative financial statements for the years ending 31 December 2020, and 2019, are as follows. Halal Berhad’s common stock market price was RM35 on 31 December 2020 and RM40 on 31 December 2019. Halal Berhad Statement of Profit or Loss and Other Comprehensive Income For the years ended 31 December 2020 and 2019 2020 (RM’000) 2019 (RM’000) Sales 1,200 1,000 Cost of goods sold 500 475 Gross Profit 700 525 Selling expenses 240 200 Administrative expenses 180 150 Total operating expenses 420 350 Income from operations 280 175 Other income 166 225 446 400 Other expense (interest) 66 60 Income before income tax 380 340 Income tax expense 80 60 Net income 300 280 Halal Berhad Statement of Financial Position As at 31 December 2020…Active Fast Berhad has the following income statement items for 2021: Revenue/Sales RM559,236 Cost of goods sold RM311,003 EBIT RM248,233 Interest expenses RM93,938 Income tax expenses RM54,003 Dividend payment 40% of net profit What is the amount of the firm's retained earnings? Select one: a. RM163,438 b. RM60,175 c. RM40,117 d. RM148,910A company has, among other things, the following items in its annual report:Net sales SEK 25,500,000Other income SEK 100,000Inventory 6,500,000 secCash and Bank 500,000 secReceivables 2,000,000 secShort-term investments SEK 500,000Personnel costs SEK 11,500,000Fixed assets SEK 3,300,000Long-term liabilities SEK 5,800,000Calculate the company's capital turnover rate. NOTE! Round to two decimal places! For example, the number 15.54678 would be 15.55 or 2.68512 would be 2.69.
- The following condensed information is reported by Beany Baby Collectibles. 2024 2023 Income Statement Information Sales revenue $13,020,000 $9,000,000 Cost of goods sold 8,436,960 6,500,000 Net income 394,320 308,000 Balance Sheet Information Current assets $1,660,000 $1,560,000 Long-term assets 2,260,000 1,960,000 Total assets $3,920,000 $3,520,000 Current liabilities $1,260,000 $960,000 Long-term liabilities 1,440,000 1,440,000 Common stock 860,000 860,000 Retained earnings 360,000 260,000 Total liabilities and stockholders' equity $3,920,000 $3,520,000Operating data for Joshua Corporation are presented as follows: Net Sales Cost of Goods Sold Selling Expenses Administrative Expenses Income Tax Expense Net Income 2022 800,000 520,000 120,000 60,000 30,000 70,000 Instructions Prepare a schedule showing a vertical analysis for 2022 and 2021. Net Sales Cost of Goods Sold Gross Profit Selling Expenses Your Answers: FYI: Format the percent cols to one decimal place. Ex 99.9% 2022 Administrative Expenses Total Operating Expenses Income Before Income Taxes Income Tax Expense Net Income 2021 600,000 408,000 72,000 48,000 24,000 48,000 Amount 800,000 520,000 280,000 120,000 60,000 180,000 100,000 30,000 70,000 Percent 100.0% 2021 Amount Percent 600,000 100.0% 408,000 192,000 72,000 48,000 120,000 72,000 24,000 48,000Years Bank Total Asset 2018 STANBIC 6,205,018 2019. STANBIC. 9,295,682 2020. STANBIC 12,742,132 2018. BARCLAYS 8,994,562 2019. ABSA 11,772,546 2020. ABSA. 12,546,473 Calculate the five-firm concentration ratio in for each year using total assets.