ll. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019. (Round "Deland "Debt/equity ratio" to the nearest whole percent.)Debt ratioDebt/equity ratio202044.1 %107%201933.9 %87 Presented here are summarized data from the balance sheets and income statements of Wiper Inc.:Current assetsOther assetsTotal assetsCurrent liabilitiesLong-term liabilities.Stockholders' equity.Total liabilities and stockholders' equityIncome statement data:SalesWIPER INC.Condensed Balance SheetsDecember 31, 2020, 2019, 2018(in millions)Operating incomeInterest expenseNet incomeOther data:WIPER INC.Selected Income Statement and Other DataFor the year Ended December 31, 2020 and 2019(in millions)Average number of common shares outstandingTotal dividends paid2020$ 6502,750$3,400$ 5001,5001,400$3,4002020$3,30038080300$44502019$9002,050$2,950$ 8001,0001,150$2,9502019$2,90030070$23042302018$7001,750$2,450$700800950$2,450

Ratio Analysis -The ratio is the technique used by the prospective investor or an individual or…

Presented here are summarized data from the balance sheets and income statements of Wiper Inc.: Current assets Other assets Total assets Current liabilities Long-term liabilities. Stockholders' equity Total liabilities and stockholders' equity Income statement data: Sales Operating income Interest expense Net income WIPER INC. Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions) Other data: WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 $650 2,750 $3,400 Average number of common shares outstanding Total dividends paid $ 500 1,500 1,400 $3,400 2020 $ 2018 2019 $900 $ 700 2,050 1,750 $2,950 $2,450 $800 $700 1,000 800 1,150 950 $2,950 $2,450 $3,300 $2,900 380 300 80 70 300 44 50 2019 $ 230 42 30

Presented here are summarized data from the balance sheets and income statements of Wiper Inc.: Current assets Other assets Total assets Current liabilities Long-term liabilities. Stockholders' equity Total liabilities and stockholders' equity Income statement data: Sales Operating income Interest expense Net income WIPER INC. Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions) Other data: WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 $650 2,750 $3,400 Average number of common shares outstanding Total dividends paid $ 500 1,500 1,400 $3,400 2020 $ 2018 2019 $900 $ 700 2,050 1,750 $2,950 $2,450 $800 $700 1,000 800 1,150 950 $2,950 $2,450 $3,300 $2,900 380 300 80 70 300 44 50 2019 $ 230 42 30

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter14: Financial Statement Analysis

Section: Chapter Questions

Problem 26E: Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income...

See similar textbooks

Similar questions

Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income statement: Prepare the following for Anson Industries, Inc.: A. Income statement, including comprehensive income. B. Income statement and a separate statement of comprehensive income.
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.
Liverton Co.’s income statement for the year ended 31 March 2019 and statements of financial position at 31 March 2019 and 2018 were as follows in the images. Calculate for the financial year ended 31 March 2019 and, where possible, for 31 March 2018, the following ratios: i) Gross profit marginii) Assets usageiii) Current ratioiv) Acid testv) Inventories holding periodvi) Debt to Equity ratio
Prepare a financial statement analysis in terms of liquidity, solvency, profitability and efficiency of the following company. Financial Ratios Fiscal Year Ended Previous Fiscal Year Formula Dec 31, 2019 Dec 31, 2018 Liquidity Analysis Ratios: Current Assets / Current Liabilities Current Ratio or 1.46 1.36 Working Capital Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities Quick Ratio 0.96 0.86 Solvency Ratio Total Assets / Total Liabilities 1.46 1.44 Financial Leverage Ratios Debt Ratio Total Debt/Total Assets 0.47 0.48 Total Debt/Total Stockholders Equity Debt-to-Equity Ratio 1.48 1.57 Earnings Before Interest and Taxes (EBIT) / Interest Charges Total Assets / Total Stockholders' Equity Interest Coverage 2.38 2.61 Asset to Equity Ratio 3.16 3.28 Profitability Ratios Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 19.76 19.43 Net Profit Margin Net Profit / Sales 11.34 11.42 Net Income / Total Assets 2.67 2.9 Return on Assets Net Income /…
Addtional Infomation: Commonsharsa wars lasusd for cash. Cash Paid during the year for income tax = ?
Instructions Using the financial statements and additional information, compute the following ratios for the El Camino Company for 2021. Show all computations. Computations 1. Current ratio 2. Return on common stockholders' equity 3. Price-earnings ratio 4. Inventory turnover 5. Accounts receivable turnover 6. Times interest earned 7. Profit margin 8. Days in inventory 9. Payout ratio 10. Return on assets
Not Graded Using the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the financial ratios for 2020 and 2019 indicated using the EXCEL template provided:1. Gross profit percentage2. Return on sales3. Asset turnover 4. Return on assets5. Return on common stockholders’ equity6. Current ratio7. Quick ratio8. Operating-cash-flow-to-current-liabilities ratio9. Accounts receivable turnoverTotal assets 2020 = $30,806.7Total stockholders’ equity 2020 = $8,349.5Total current liabilities 2020 = $7,491.5Accounts receivable 2020 = $1,615.1Inventory 2020 = $1,426.3Year-end closing stock price May 2020 = $58.80Year-end closing stock price May 2019 = $53.56
Using the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the financial ratios for 2020 and 2019 indicated using the EXCEL template provided:1. Gross profit percentage2. Return on sales3. Asset turnover 4. Return on assets5. Return on common stockholders’ equity6. Current ratio7. Quick ratio8. Operating-cash-flow-to-current-liabilities ratio9. Accounts receivable turnoverTotal assets 2020 = $30,806.7Total stockholders’ equity 2020 = $8,349.5Total current liabilities 2020 = $7,491.5Accounts receivable 2020 = $1,615.1Inventory 2020 = $1,426.3Year-end closing stock price May 2020 = $58.80Year-end closing stock price May 2019 = $53.56 To calculate averages use (current year balance + poor year balance) / 2) Round percentages to 1 decimal place; round other answers to 2 decimal places.
Hello! look at the attached images and answee the following points: (a) Calculate ratios for the year ended 31 December 2021 (showing your workings) for Primrose Plc, equivalent to those provided above. Return on year-end capital employed Net asset turnover Gross profit margin Net profit margin Current ratio Closing inventory holding period Trade receivables’ collection period viii. Trade payables’ payment period Dividend yield Dividend cover (b) Analyse the financial performance and position of Primrose Plc for the year ended 31 December 2021 compared to 31 December 2020. (c) Explain the uses and the general limitations of ratio analysis. Thank you a lot!
Byers Company presents the following condensed income statement for 2019 and condensed December 31, 2019, balance sheet: Compute the following ratios for Byers ( round all computations to two decimals): ( 1) earnings per share, ( 2) gross profit margin, ( 3) operating profit margin, ( 4) net profit margin, ( 5) total asset turnover, ( 6) return on assets, (7) return on common equity, (8) receivables turnover (in days), and (9 ) interest coverage.
Required:a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings:1- ROCE2- ROE3- Earnings per share4- Net profit margin5- Asset turnover6- Stock holding days7- Debtors collection period8- Current ratio9- Gearing ratio10- Interest cover
Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2021-2015 2019 ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity Required 1 Comp IS 2021 $ 2,133 1,533 Required 1 Comp BS 600 457 $ 143 Sales Cost of goods sold Gross profit Operating expenses Net income 2021 2020 $ 1,868 1,247 621 357 $ 264 % % 2021 $ 119 853 3,086 79 0 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 2021-2015 2020 2019 3,777 $ 7,914 $ 1,700 1,073 627 328 $ 299 Complete this question by entering your answers in the tabs below. $ 157 896 2,247 71 0 3,762 $ 7,133 % % 2018 $ 1,558 939 619 242 $…