Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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Textbook Question
Chapter 7, Problem 3MC
Calculate the 2019 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. How does Computron’s utilization of assets stack up against that of other firms in its industry?
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1. Compute for the company's profitability and operating efficiency's ratios for 2019
B.Operating Efficiency
a. Asset Turnover
b. Fixed Asset Turnover
c. Inventory Turnover
d. Days in Inventory
e. AR Turnover
f. Days in AR
Financial Statement Analysis
Compute for Activity Ratios/Asset Management Ratios with Analysis for year 2018 - 2020:
Average Age of Inventory
Operating Cycle
Fixed-Asset Turnover Ratio
Total Asset Turnover
As part of your analysis, you are required to investigate Carrium Insights Inc. cash flows and compute selected financial ratios using the financial statements provided
A company’s asset utilization or turnover ratios are intended to display how efficiently or intensively a firm uses its assets to generate sales. Calculate the following turnover ratios for 2020:
Inventory Turnover
Days’ sales in inventory
NWC Turnover
Total Asset Turnover
Chapter 7 Solutions
Intermediate Financial Management (MindTap Course List)
Ch. 7 - Define each of the following terms:
Liquidity...Ch. 7 - Financial ratio analysis is conducted by managers,...Ch. 7 - Prob. 3QCh. 7 - Profit margins and turnover ratios vary from one...Ch. 7 - How might (a) seasonal factors and (b) different...Ch. 7 - Why is it sometimes misleading to compare a...Ch. 7 - Greene Sisters has a DSO of 20 days. The companys...Ch. 7 - Vigo Vacations has $200 million in total assets,...Ch. 7 - Winston Watch’s stock price is $75 per share....Ch. 7 - Reno Revolvere has an EPS of $1.50, a cash flow...
Ch. 7 - Needham Pharmaceuticals has a profit margin of 3%...Ch. 7 - Prob. 6PCh. 7 - Ace Industries has current assets equal to 3...Ch. 7 - The Morrit Corporation has $600,000 of debt...Ch. 7 - The Kretovich Company had a quick ratio of 1.4, a...Ch. 7 - Data for Lozano Chip Company and its industry...Ch. 7 - Prob. 14PCh. 7 - Why are ratios useful? What three groups use ratio...Ch. 7 - Prob. 2MCCh. 7 - Calculate the 2019 inventory turnover, days sales...Ch. 7 - Calculate the 2019 debt ratio,...Ch. 7 - Prob. 5MCCh. 7 - Prob. 8MCCh. 7 - Prob. 9MCCh. 7 - What are some qualitative factors that analysts...
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- Calculate the projected inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. How does Computron’s utilization of assets stack up against that of other firms in its industry?arrow_forwardCalculate the following profitability ratios for 2018 and 2019. a. Gross profit ratio b. Return on assets c. Profit margin d. assets turnoverarrow_forwardShow the calculation of the following activity ratios: (1) the receivables turnover ratio, (2) the inventory turnover ratio, and (3) the asset turnover ratio. What information about a company do these ratios offer?arrow_forward
- Compare the following for the year 2019, 2020 and 2021 for the Acer Company: analysis in words incl. total assets, short term assets, long-term assets, non-current assets, return on assets, equity, equity growth or decrease over the years, Price-Earning ratio, liabilities.arrow_forwardNeed to calculate for the "YEAR" 2013. quick ratio, fixed assets turnover ratio, inventory turnoverarrow_forwardWhat is Return on Assets? How do you calculate Inventory Turnover and The Number of Days' Sales in Inventory?arrow_forward
- Calculate the following ratios for Avartar Sdn. Bhd. for years ended 31 March 2019 and 31 March2018 11) Inventory turnover times (using closing inventories); 12) Inventory turnover days (using closing inventories); 13) Receivables collection period; 14) Payables payment period (using cost of sales); 15) Earnings per share; Provide the formulas used for calculating the ratios and all workings should be shown clearly.arrow_forwardPrepare and Interpret a complete ratio analysis for the years 2019 & 2020 operations using the following ratios: Current Ratio Total Asset Turnover Debt Ratio Operating Profit Margin Net Profit Margin Return on Assets Return on Equity Inventory Turnover Summarize your findings and make recommendationsarrow_forwardCompute the following the financial data for this year . 1.accountes receivable turnover 2. Average collection period 3. Inventory turnover 4. Average sale period 5. Operating cycle 6. Total asset turnoverarrow_forward
- Problem 1: Viance Queen Company Required: Compute for the company’s profitability and operating efficiency ratios for 2019 Compute for the financial health ratios of the company for 2019 B.Operating Efficiency Days in Inventory AR Turnover Days in ARarrow_forwardSelected ratios of Company X are shown below: Inventory turnover Days' sales uncollected Days' purchases in accounts payable Total asset turnover Equity ratio Times interest earned 2021 5.3 32.4 21.0 2.6 0.8 N.A. 2020 7.1 18.3 20.0 2.5 0.8 N.A. Using the financial ratios provided, analyse the performance of Company X in 2021 compared to the previous year.arrow_forwardWhat financial metric measures a company's ability to cover its short-term obligations with its most liquid assets and is calculated by excluding inventory from the current assets? A. Quick ratio B. Current ratio C. Inventory turnover ratio D. Return on assets ratioarrow_forward
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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License