FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781618533111
Author: DYCKMAN
Publisher: Cambridge Business Publishers
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Chapter 1, Problem 36P

a.

To determine

Compute the missing amounts for assets, liabilities, and equity for each year.

b.

To determine

Ascertain the return on equity for the year 2017 and 2018 and describe the way in which the company compares with the given median.

c.

To determine

Ascertain the debt-to-equity ratio for the year 2017 and 2018 and describe the way in which the company compares with the given median.

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1. Compute the following ratios for the comparative periods (2018 and 2019). The company used 365 days in its computation for some of the ratios. Show your solution. a. Working Capital b. Current Ratio c. Acid Test Ratio d. Accounts Receivable Turnover Ratio e. Average Collection Period f. Inventory Turnover Ratio g. Average Days in Inventory h. Number of days in Operating Cycle i. Debt to Total Assets Ratio j. Debt to Equity Ratio k. Times Interest Earned Ratio l. Gross Profit Ratio m. Profit Margin Ratio n. Return on Assets o. Return on Equity p. Assets Turnover Ratio
Some recent financial statements for Smolira Golf Corporation follow. Find the following financial ratios for Smolira Golf Corporation (use year-end figures rather than average values where appropriate): (Enter the profitability ratio answers as a percent rounded to 2 decimal places, e.g., 32.16. Round the remaining answers to 2 decimal places, e.g., 32.16.)  1.  Long-term Solvency Ratios 2020 2021 Total debt ratio times times Debt-equity ratio times times Equity multiplier times times   2.  Times interest earned times Cash coverage ratio times   3.  Profitability Ratios   Profit margin % Return on Assets % Return on Equity %
Please find below Financial Statement extracts of Nestle from year 2017 and 2018. Based on this information please answer following question from a perspective of Financial Analyst (justify your answers with data as well the reason for choosing your ratios for your analysis) .The company’s total assets at year-end 2016 were CHF 131,900 million. What reasonable conclusions an analyst might make about the companies efficiency, Companies solvency, Liquidity and Profitability? In millions of CHF         Notes 2018 2017 * Sales 3 91,439 89,590 Cost of goods sold   (46,070) (45,571) Trading operating profit  3 13,789 13,277 Operating profit   13,752 10,156 Profit before taxes, associates and joint ventures   12,991 9,460 Taxes 13 (3,439) (2,773) Profit for the year   10,468 7,511     Notes 2018 2017 * Assets       Current assets       Cash and cash equivalents 12/16…
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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License