Use the Ulta annual report to calculate profit margin, total debt ratio, and cash ratio for the year ending in 2021. A Screen Shot 2021-03-28 at 5.25.43 PMA Screen Shot 2021-03-28 at 5.25.57 PMQ SearchQ SearchExhibit 3Exhibit 2Ulta Beauty, Inc.Condensed Consolidated Balance SheetsUlta Beauty, Inc.Consolidated Statements of Operations(In thousands, except per share data)(In thousands)January 30,2021February 1,202052 Weeks Ended(Unaudited)February 1,2020AssetsJanuary 30,2021(Unaudited)6,151,9534,202,794Current assets:Cash and cash equivalentsShort-term investmentsReceivables, netMerchandise inventories, netPrepaid expenses and other current assetsPrepaid income taxesTotal current assetsNet sales%24100.0% $1,046,051 S392,3257,398,0684,717,0042,681,064100.0%110,000139.337Cost of sales68.3%63.8%193,1091,168,215107,402Gross profit1,949,15931.7%36.2%1,293,701103,56716,3872,055,317Selling, general and administrative expensesImpairment, restructuring and other costsPre-opening expensesOperating incomeInterest expense (income), netIncome before income taxes1,760,7161,583,017114,32215,00025.7%23.8%1.9%0.0%0.2%2,514,77719,254901,094(5,056)906,1500.3%236,8203.9%12.1%(0.1)%5,735231,08555,2500.1%Property and equipment, netOperating lease assetsGoodwill995,7951,504,61410,8702,46533,2231,205,5241.537,56510,8703.8%12.2%Income tax expenseNet income0.9%200,205705,9452.7%2$175,8352.9% $9.5%Other intangible assets, netDeferred compensation plan assetsOther long-term assets3,39127,84923,356Net income per common share:Basic2$2428,2255,089,9693.122$12.21Total assets4,863,872Diluted3.112412.15Liabilities and stockholders' equityWeighted average common shares outstanding:BasicCurrent liabilities:Accounts payable56,35157,840477,05224414,009Diluted56,55858,105Accrued liabilities296,334274,383253,41542,5291,343,713246,088237,535239,629Deferred revenueCurrent operating lease liabilitiesAccrued income taxesTotal current liabilities1,137,261Non-current operating lease liabilitiesDeferred income taxes1,643,38665,3591,698,71889,367Other long-term liabilities37,9623,090,42036,432Total liabilities2,961,778Commitments and contingenciesTotal stockholders' equityTotal liabilities and stockholders' equity1.999.5491,902,0944,863,8725,089,969

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Description: Use the Ulta annual report to calculate profit margin, total debt ratio, and cash ratio for the year ending in 2021. A Screen Shot 2021-03-28 at 5.25.43 PMA Screen Shot 2021-03-28 at 5.25.57 PMQ SearchQ SearchExhibit 3Exhibit 2Ulta Beauty, Inc.Conden

Profit margin is the ratio of company profit to its sales. It is a profitably ratio and tell the…

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Use the Ulta annual report to calculate profit margin, total debt ratio, and cash ratio for the year ending in 2021.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter24: Analysis Of Financial Statements

Section: Chapter Questions

Problem 10SPA: RATIO ANALY SIS OF COMPARATI VE FIN ANCIAL STATE MENT S Refer to the financial statements in Problem...

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