25 Income from Operations 26 Interest Expense 27 Income before Income Tax Expense 33 required number of decimal places USING THE EXCEL. 34 ROUND FUNCTION (fx). 190,600 14,500 176,100 Current ratio (rounded to one decimal place) 36 Receivables turnover (rounded to two decimal places) 37 Days to collect (rounded to the nearest whole day) 38 Inventory turnover (rounded to two decimal places) 39 Days' sales in inventory (rounded to the nearest day) 4.5 to 1 times days times days 35 28 Income Tax Expense 47,000 29 Net Income 129,100 30 31 Required: Compute the following liquidity ratios for 2016. Round to the 33 required number of decimal places USING THE EXCEL. 34 ROUND FUNCTION (fx). 35 Current ratio (rounded to one decimal place) 36| Receivables turnover (rounded to two decimal places) 37 Days to collect (rounded to the nearest whole day) 32 40 41 Compute the following Solvency Ratios for 2016. Again, USE 42 THE EXCEL ROUND FUNCTION (fx). 4.5 to 1 times days times days to 1 Debt to assets (rounded to two decimal places) Times interest earned (rounded to one decimal place) 43 44 times 45 38 Inventory turnover (rounded to two decimal places) 39 Days' sales in inventory (rounded to the nearest day) 46 Compute the following Profitability Ratios for 2016. Again, USE 47 THE EXCEL ROUND FUNCTION (fx). Profit margin ratio (rounded to one decimal place) Gross margin ratio (rounded to one decimal place) percent percent 40 48 41 Compute the following Solvency Ratios for 2016. Again, USE 42 THE EXCEL ROUND FUNCTION (fx). Debt to assets (rounded to two decimal places) 44 Times interest earned (rounded to one decimal place) 49 50 43 to 1 51 times 52 45 53 46 Compute the following Profitability Ratios for 2016. Again, USE
25 Income from Operations 26 Interest Expense 27 Income before Income Tax Expense 33 required number of decimal places USING THE EXCEL. 34 ROUND FUNCTION (fx). 190,600 14,500 176,100 Current ratio (rounded to one decimal place) 36 Receivables turnover (rounded to two decimal places) 37 Days to collect (rounded to the nearest whole day) 38 Inventory turnover (rounded to two decimal places) 39 Days' sales in inventory (rounded to the nearest day) 4.5 to 1 times days times days 35 28 Income Tax Expense 47,000 29 Net Income 129,100 30 31 Required: Compute the following liquidity ratios for 2016. Round to the 33 required number of decimal places USING THE EXCEL. 34 ROUND FUNCTION (fx). 35 Current ratio (rounded to one decimal place) 36| Receivables turnover (rounded to two decimal places) 37 Days to collect (rounded to the nearest whole day) 32 40 41 Compute the following Solvency Ratios for 2016. Again, USE 42 THE EXCEL ROUND FUNCTION (fx). 4.5 to 1 times days times days to 1 Debt to assets (rounded to two decimal places) Times interest earned (rounded to one decimal place) 43 44 times 45 38 Inventory turnover (rounded to two decimal places) 39 Days' sales in inventory (rounded to the nearest day) 46 Compute the following Profitability Ratios for 2016. Again, USE 47 THE EXCEL ROUND FUNCTION (fx). Profit margin ratio (rounded to one decimal place) Gross margin ratio (rounded to one decimal place) percent percent 40 48 41 Compute the following Solvency Ratios for 2016. Again, USE 42 THE EXCEL ROUND FUNCTION (fx). Debt to assets (rounded to two decimal places) 44 Times interest earned (rounded to one decimal place) 49 50 43 to 1 51 times 52 45 53 46 Compute the following Profitability Ratios for 2016. Again, USE
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter17: Financial Statement Analysis
Section17.2: Vertical Analysis Of A Balance Sheet
Problem 1OYO
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