Computron's Balance Sheets (Millions of Dollars)         Projection         2018 2019 2020E   Assets             Cash and equivalents     $ 60 $ 50 $ 60   Short-term investments     100 10 50   Accounts receivable     400 520 530   Inventories     620 820 660   Total current assets     $ 1,180 $ 1,400 $ 1,300   Net Fixed Assets     2,900 3,500 3,700   Total Assets     $ 4,080 $ 4,900 $ 5,000                 Liabilities and equity             Accounts payable     $ 300 $ 400 $ 330   Notes payable     50 250 100   Accruals     200 240 270   Total current liabilities     $ 550 $ 890 $ 700   Long-term bonds     800 1,100 1,100   Total liabilities     $ 1,350 $ 1,990 $ 1,800   Common stock (100,000 shares)     1,000 1,000 1,000   Retained earnings     1,730 1,910 2,200   Total common equity     $ 2,730 $ 2,910 $ 3,200   Total liabilities and equity     $ 4,080 $ 4,900 $ 5,000                               Income Statements (Millions of Dollars)         Projection         2018 2019 2020E   Net sales     $ 5,500 $ 6,000 $ 6,600   Cost of goods sold (Excluding depr.)     $ 4,300 $ 4,800 $ 5,210   Depreciationa     $ 290 $ 320 $ 370   Other operating expenses     $ 350 $ 420 $ 400   Earnings before interest and taxes (EBIT)     $ 560 $ 460 $ 620   Less interest     $ 68 $ 108 $ 100   Pre-tax earnings     $ 492 $ 352 $ 520   Taxes (25%)     $ 123 $ 88 $ 130   Net Income     $ 369 $ 264 $ 390                 Notes:             a Computron has no amortization charges.                           Additional Information         Projection         2018 2019 2020E   Year-end common stock price     $50.00 $30.00 $49.00   Shares outstanding (millions)     100 100 100   Common dividends (millions)     $90 $84 $100   Tax rate     25% 25% 25%   Additions to retained earnings (millions)     $279 $180 $290   Lease payments (millions)     $20 $20 $20                               Per Share Information         Projection         2018 2019 2020E   EPS     $3.69 $2.64 $3.90   DPS     $0.90 $0.84 $1.00   Book Value Per Share     $27.30 $29.10 $32.00                                                           Ratio Analysis     2018 2019 2020E Industry Average       Profit margin     6.7% 4.4%   7.2% Operating profit margin     10.2% 7.7%   10.4% Basic earning power     13.7% 9.4%   15.6% ROA     9.0% 5.4%   10.8% ROE     13.5% 9.1%   15.4% Inventory turnover     7.4 6.2   9.0 Days sales outstanding     26.5 31.6   28.0 Fixed assets turnover     1.9 1.7   3.0 Total assets turnover     1.348 1.224   1.5 Current     2.1 1.6   2.5 Quick     1.0 0.7   1.9 Debt ratio     20.8% 27.6%   15.0% Debt-to-equity ratio     0.31 0.46   0.22 Liabilities-to-assets ratio     33.1% 40.6%   32.0% Earnings multiplier     1.5 1.7   1.5 TIE     8.2 4.3   13.0 EBITDA coverage     9.9 6.3   17.2 Price/earnings (P/E)     13.6 11.4   16.8 Market/book     1.8 1.0   2.7                             Calculate the projected debt ratio, debt-to-equity ratio, liabilities-to-assets ratio, times-interest-earned ratio, and EBITDA coverage ratios. Explain how Computron compares with the industry with respect to financial leverage. What can you conclude from these ratios?

Quantitative Problem: Rosnan Industries' 2022 and 2021 balance sheets and income statements are shown below. Balance Sheets:   2022   2021 Assets     Cash and equivalents $ 100     $ 85   Accounts receivable   275       300   Inventories   375       250         Total current assets $ 750     $ 635   Net plant and equipment   2,300       1,490   Total assets $ 3,050     $ 2,125             Liabilities and Equity         Accounts payable $ 150     $ 85   Accruals   75       50   Notes payable   150       75         Total current liabilities $ 375     $ 210   Long-term debt   450       290         Total liabilities $ 825     $ 500   Common stock   1,225       1,225   Retained earnings   1,000       400         Total common equity $ 2,225     $ 1,625   Total liabilities and equity $ 3,050     $ 2,125   Income Statements:   2022   2021 Sales $ 2,405     $ 1,585   Operating costs excluding depreciation   1,250       1,000   EBITDA $…

Return on Assets Calculate the company's return on assets for 2020 and compare the result to the industry average.

Current Attempt in Progress Suppose McDonald's 2025 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities (a1) a. b. C. $3,330.0 Compute the following values. d. 30,230.0 3,000.0 15,719.6 Interest expense Income taxes Net income $480.0 1,938.0 4,542.0 Working capital. (Round to 1 decimal place in millions, e.g. 5,275.5.) Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) Debt to assets ratio. (Round to O decimal places, e.g. 62%.) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) $ millions :1 % times

Using Financial Statements for 2020, sales to working capital for the year 2020 is 2.41. True or False?

Find return on financial leverage and return of financial leverage ratio for years 2017, 2018, and 2019.

GIVE THE COMPARATIVE BALANCE SHEET HORIZONTAL ANALYSIS FROM THE GIVEN BALANCE SHEET BELOW   JOLLIBEE BALANCE SHEET   ASSETS ITEM 2016 2017 2018 2019 2020 Cash & Short Term Investments 17.46B 22.52B 24.17B 23.02B 57.46B Cash & Short Term Investments Growth - 28.99% 7.32% -4.75% 149.59% Cash Only 16.73B 21.11B 23.29B 20.89B 21.36B Short-Term Investments 726M 1.41B 883.2M 2.13B 36.1B Cash & ST Investments / Total Assets 23.96% 25.08% 16.06% 12.28% 27.26% Total Accounts Receivable 3.59B 4.02B 4.86B 5.91B 7.05B Total Accounts Receivable Growth - 11.86% 21.04% 21.46% 19.36% Accounts Receivables, Net 3.03B 3.39B 4.41B 5.37B 5.8B Accounts Receivables, Gross 3.61B 4.08B 5.09B 5.76B 6.46B Bad Debt/Doubtful Accounts (579.79M) (690.12M) (676.91M) (392.36M) (658.63M) Other Receivable 562.75M 630.06M 451.73M 536.62M 1.25B…

GIVE THE COMPARATIVE BALANCE SHEET HORIZONTAL AND VERTICAL ANALYSIS FROM THE GIVEN BALANCE SHEET BELOW   JOLLIBEE BALANCE SHEET ASSETS ITEM 2016 2017 2018 2019 2020 Cash & Short Term Investments 17.46B 22.52B 24.17B 23.02B 57.46B Cash & Short Term Investments Growth - 28.99% 7.32% -4.75% 149.59% Cash Only 16.73B 21.11B 23.29B 20.89B 21.36B Short-Term Investments 726M 1.41B 883.2M 2.13B 36.1B Cash & ST Investments / Total Assets 23.96% 25.08% 16.06% 12.28% 27.26% Total Accounts Receivable 3.59B 4.02B 4.86B 5.91B 7.05B Total Accounts Receivable Growth - 11.86% 21.04% 21.46% 19.36% Accounts Receivables, Net 3.03B 3.39B 4.41B 5.37B 5.8B Accounts Receivables, Gross 3.61B 4.08B 5.09B 5.76B 6.46B Bad Debt/Doubtful Accounts (579.79M) (690.12M) (676.91M) (392.36M) (658.63M) Other Receivable 562.75M 630.06M 451.73M…

Calculate Debt-to-equity Times interest earned Return on Financial leverage

what was the net capital spending in 2021 and 2022 please avoid solutions image based thnx