2. Calculate each ratio for Company A using the 2020 information from the balance sheets and income statements given below. Current Ratio Quick Ratio Debt/Equity Times Interest Earned Inventory Turnover Return on Assets (ROA) Return on Equity (ROE) Market-to-book Ratio Company A Consolidated Balance Sheet (in thousands) December 31 2020 2019 Assets Current Assets: Cash and Cash Equivalents $380,626 $349,953 Accounts Receivable, net $80,545 $62,312 Inventory $30,096 $21,555 Prepaid Expenses and other current assets $57,076 $54,129 Total Current Assets $548,343 $914,794 Property and Equipment $1,458,690 $1,379,254 Operating Lease Assets $2,800,222| $1,258,293
2. Calculate each ratio for Company A using the 2020 information from the balance sheets and income statements given below. Current Ratio Quick Ratio Debt/Equity Times Interest Earned Inventory Turnover Return on Assets (ROA) Return on Equity (ROE) Market-to-book Ratio Company A Consolidated Balance Sheet (in thousands) December 31 2020 2019 Assets Current Assets: Cash and Cash Equivalents $380,626 $349,953 Accounts Receivable, net $80,545 $62,312 Inventory $30,096 $21,555 Prepaid Expenses and other current assets $57,076 $54,129 Total Current Assets $548,343 $914,794 Property and Equipment $1,458,690 $1,379,254 Operating Lease Assets $2,800,222| $1,258,293
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.8E
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