Question

In: Accounting

CURRENT RATIO What is the formula? Current assets/current liabilities pg 51 Calculate the ratio current year....

CURRENT RATIO What is the formula? Current assets/current liabilities pg 51

Calculate the ratio current year. Page________ 7266/10132=.72

Calculate the ratio for the prior year. Page_______ 8753/9501=.92

Analyze the ratio trend.

2. RETURN ON ASSETS

What is the formula? net income/avg total assets

Calculate the ratio current year. 10990/((120,232)=9.15%

Page_______19_

Calculate the ratio for the prior year. Page_______ 3642/(120,480)=3.02%

Analyze the ratio trend.

3. RECEIVABLE TURNOVER RATIO What is the formula?Net credit Sales/Average Account Receivable

Calculate the ratio current year. Page_____26&51___26232/921= 28.48

Calculate the ratio for the prior year. Page_______26487/769=34.44

Analyze the ratio trend.

Help me Analyze the ratio trend : Current Ratio, Return on Assets, and Receivable turnover.

An analysis of the most significant ratios that prove that your company is worth investing in.

Solutions

Expert Solution



Related Solutions

The current ratio looks at the current liabilities versus current assets. Why is this ratio important...
The current ratio looks at the current liabilities versus current assets. Why is this ratio important and why not look at total liabilities versus total assets? What is the current ratio telling us?
1. Quick Ratio= current assets-inventories/ current liabilities 2. Debt to Assets ratio= total debt/total assets 3....
1. Quick Ratio= current assets-inventories/ current liabilities 2. Debt to Assets ratio= total debt/total assets 3. Earnings Per Share (EPS)=total earnings/outstanding shares (must first solve net income-preferred divideneds= total earnings) 4. Net Income (Net profit)=total revenues-total expenses I need help finding the answer to these equations for Target Corporation for 2015 and 2016. please refer to the links for the 10k reports for the company. 2015- https://corporate.target.com/_media/TargetCorp/annualreports/2015/pdfs/Target-2015-Annual-Report.pdf 2016- https://corporate.target.com/_media/TargetCorp/annualreports/2016/pdfs/Target-2016-Annual-Report.pdf?ext=.pdf
Liquidity ratios are based on current assets and current liabilities. Having a liquidity ratio of 1.5...
Liquidity ratios are based on current assets and current liabilities. Having a liquidity ratio of 1.5 when the industry average is 1.9 would be deemed as having better than average liquidity relative to the industry. True or false? (Explain)
Calculate total current assets and total current liabilities that would appear in the company’s year-end balance sheet.
The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2018, the end of its fiscal year:cash, $16,000accounts receivable, $11,000inventories, $25,000equipment (net), $80,000accounts payable, $14,000wages payable, $9,000interest payable, $1,000note payable (due in 18 months), $30,000common stock, $50,000Calculate total current assets and total current liabilities that would appear in the company’s year-end balance sheet.
If current assets is $200,000, and current liabilities is $50,000 . what will be the current...
If current assets is $200,000, and current liabilities is $50,000 . what will be the current ratio.?
What assets are not in the Quick Ratio that are in the Current Ratio? What makes...
What assets are not in the Quick Ratio that are in the Current Ratio? What makes these assets different? Please explain
At the beginning of the year, a firm has current assets of $332 and current liabilities...
At the beginning of the year, a firm has current assets of $332 and current liabilities of $236. At the end of the year, the current assets are $501 and the current liabilities are $276. What is the change in net working capital? Multiple Choice $129 $0 $169 –$129 $209
Quick Ratio (QR) = Liquid Assets/Current Liabilities. Why is it more important to manage quick ratio,...
Quick Ratio (QR) = Liquid Assets/Current Liabilities. Why is it more important to manage quick ratio, in a time of recession, for the survival of a company?
Provide the calculations and show steps for each Current Ratio Current Assets/Current Liabilities 2018 = 40,328/45,839...
Provide the calculations and show steps for each Current Ratio Current Assets/Current Liabilities 2018 = 40,328/45,839 2019 = 36,138/48,174 Quick Ratio Cash and Cash Equivalents + Marketable Securities + Accounts Receivables/CL 2018 = 29,582/45,839 = 2019 = 26,445/48,714 = Inventory Turnover Cost of Goods Sold/Average Inventory 2018 = 16,071/2,678 = 2019 = 16,732/3,163 =
True or False 1. The debt ratio is computed by dividing total liabilities by current assets....
True or False 1. The debt ratio is computed by dividing total liabilities by current assets. 2. Working capital is the excess of current assets over current liabilities. 3. From a creditor's point of view, the lower the debt ratio; the safer the creditor's position. 4. The trend in ratios is usually more useful than looking at a single year's ratio.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT