Return on ordinary shareholders' equity 20.0% 18,750 Profit margin ratio 4.0% (850) Dividend yield 5.0% Current ratio Acid-test ratio Days' sales uncollected ) Inventory turnover Equity ratio Times interest earned 2.5:1 1.3.1 28.1 days 6 60.0% 6 Adjustments to reconcile profit to net cash provided by operating activities: Depreciation expense Increase in accounts receivable Increase in inventory (140) Decrease in accounts payable (420) Net cash provided by operating activities 26,064 Cash flows from investing activities Cash paid for equipment (22,470) Net cash used in investing activities (22,470) Cash flows from financing activities Cash paid for dividends (5,504) Cash received from interest-bearing loan 980 Net cash used in financing activities (4,524) Net decrease in cash (930) Cash balance at beginning of 20x3 4,220 3,290 Cash balance at the end of 20X3 Note: All income tax payable was settled in the year when it was incurred. Additional information Market prices of issued shares at year end (20×3): Ordinary. $60.00 Using the above industry averages, comment on the company's profitability, liquidity, efficiency, and solvency ratios. Calculate the following ratios for 2003. The industry average for similar businesses is also provided. Describe a key precaution that needs to be taken when making comparison with the industrial average. Return on total assets Industry average 12.0% Financial statements for Sengkang Ltd are presented below: Sengkang Ltd Comparative Statements of Financial Position As at 20X3 and 20X2 Revenue (net sales) Less: Cost of sales Gross profit ($'000) 110,000 70,200 39,800 Less: Expenses Selling and distribution expenses 14,200 (S'000) ($'000) 20X3 20X2 Administrative expenses 9,940 Finance costs 3,120 Total expenses 27,260 Profit before income tax 12,540 3,290 4,220 Income tax expense 3,816 8,200 7,350 Profit 8,724 14,000 13,860 25,490 25,430 Current assets Cash and cash equivalents Accounts receivable Inventories Total current assets Non-current assets Property, plant and equipment 34,380 30,660 Total non-current assets 34,380 30,660 Total assets 59,870 56,090 Current liabilities Additional information The total depreciation expense charged in the Income Statement for 20X3 was $18,750,000 and the total income tax paid was $3,816,000. Statement of Changes in Equity For the year ended 31 December 20X3 Account payable 11,560 11,980 ($'000) Total current liabilities 11,560 11,980 Share capital Non-current liabilities Ordinary (15,400,000 shares) Interest-bearing liabilities 19,880 18,900 Total share capital 15,400 Total non-current liabilities 19.880 18,900 Retained earnings Total liabilities Balance at the start of the period 9.810 31,440 30,880 Total comprehensive income for the period 8.724 Equity Dividend paid - ordinary (5.504) Share capital 15,400 15,400 Balance at the end of the period 13,030 Retained earnings 13,030 9,810 Total equity 28,430 25,210 Statement of Cash Flows Income Statement For the year ended 31 December 20X3 For the year ended 31 December 20X3 Cash flows from operating activities ($'000) Net profit/(loss) 8,724

Which company stock is better to invest and why

SalesOperating costs (excluding depreciation and amortization) EBITDADepreciation and amortization Earnings before interest and taxes Interest Earnings before taxesTaxes (40%)Net income available to common stockholders Common dividendsSEBRINGCORPORATION: BALANCESHEETSFORYEARENDINGDECEMBER31 (FIGURES ARE STATED IN MILLIONS) Assets: Cash and marketable securities Accounts receivableInventories Total current assets Gross Fixed Assets Less DepreciationNet plant and equipment Total assets 2005 2004 $3,600.0 $3,000.0 $3,060.0 $2,550.0 $540.0 $450.0 90.0 75.0 $450.0 $375.0 65.0 60.0 $385.0 $315.0 154.0 126.0 $231.0 $189.0 $15.0 $13.0 2005 2004 $ 36.00 $ 30.00 $ 340.00 $ 250.00 $ 457.00 $ 351.00 $ 833.00 $ 631.00 $ 1,065.00 $ 825.00 $ (165.00) $ (75.00) $ 900.00 $ 750.00 $ 1,733.00 $ 1,381.00 $ 324.00 $ 270.00 $ 201.00 $ 155.00 $ 216.00 $ 180.00 $ 741.00 $ 605.00 $ 450.00 $ 450.00 $ 1,191.00 $ 1,055.00 $ 150.00 $ 150.00 $ 392.00 $ 176.00 $ 542.00 $ 326.00 $ 1,733.00 $ 1,381.00…

Solar Solutions began operations on January 1, 2015, and is now in its sixth year of operations. It is a retail sales company with a large amount of online sales. The adjusted trial balance as of December 31, 2020 appears below, along with prior year balance sheet data and some additional transaction data for 2020. SOLAR SOLUTIONS Adjusted Trial Balance 12/31/2020 2020 2019 Account Title Adjusted Trial Balance Post-Closing Trial Balance $ 125,600 Debit Credit 35,000 6,000 Debit Credit Cash Accounts Receivable Prepaid Insurance Inventory Office Equipment Machinery & Tools |Accumulated Depreciation Accounts Payable Salaries Payable Sales Tax Payable Note Payable-Long Term Common Stock, $10 par Retained Earnings $ 122,200 125,600 55,000 35,000 15,600 5,000 6,000 47,000 46,000 15,600 21,000 63,000 47,000 (16,000) $ 234,200 59,000 21,000 21,000 16,000 11,200 16,800 2,600 2,700 2,000 31,000 4,000 22,100 240,000 160,000 28,600 28,600 Dividends 10,000 Sales Revenue 235,000 Cost of Goods Sold…