By using the market averages please calculate below ratios and more importantly make relevant comments (analysis)...

By using the market averages please calculate below ratios and more importantly make relevant comments (analysis) for Good Foods, Inc. for the year 2019 by comparing the market average.

Vertical analysis
Working capital
Current ratio
Quick ratio
Accounts receivable turnover
Number of days’ sales in receivables
Inventory turnover
Number of day’s sales in inventory
The ratio of fixed assets to long term liabilities
The ratio of liabilities to stockholders’ equity

Good Foods, Inc. Income Statement 2019 (in ‘000 USD)
Description	Value
Gross Sales	9.800
Discounts	-1.400
Net Sales	8.400
COGS	-7.900
Gross Profit	500
Operational Expenses	-850
Selling & Marketing Expenses	-390
G&A Expenses	-275
R&D Expenses	-185
Operational Income/Loss	-350

Good Foods, Inc. Balance Sheet 2019 & 2018 (in ‘000 USD)
Description	2019	2018
Current Assets	1.220	1.270
Cash	20	60
Banks	30	90
Accounts Receivable	480	340
Inventory	690	780
Property, Plant & Equipment	1.430	1.185
Land	150	150
Buildings	290	290
Machinery	1.100	840
Accum.Depreciation	-110	-95
TOTAL ASSETS	2.650	2.455
Current Liabilities	2.020	1.070
Accounts Payable	1.980	1.050
Taxes Payable	40	20
Lon-Term Liabilities	400	865
Bank Credits	400	865
TOTAL LIABILITIES	2.420	1.935
Stockholders’ Equity	230	520
Common Stock	580	400
Retained Earnings	-350	120
TOTAL LIAB. & STOCKHOLDERS’ EQUITY	2.650	2.455

Solutions

Expert Solution

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

P3-25: Integrative: Complete ratio analysis Given the following financial statements, historical ratios, and industry averages, calculate...

P3-25: Integrative: Complete ratio analysis Given the following financial statements, historical ratios, and industry averages, calculate Sterling Company’s financial ratios for the most recent year. (Assume a 365-day year.) Sales revenue $10,000,000 Less: Cost of goods sold 7,500,000 Gross profits $ 2,500,000 Less: Operating expenses Selling expense $ 300,000 General and administrative expenses 650,000 Lease expense 50,000 Depreciation expense 200,000 Total operating expense $ 1,200,000 Operating profits $ 1,300,000 Less: Interest expense 200,000 Net profits before taxes $ 1,100,000 Less: Taxes (rate =...

Fill the following terms (ratios) to relevant spaces: (Market Value Ratios / Profitability Ratios / Debt...

Fill the following terms (ratios) to relevant spaces: (Market Value Ratios / Profitability Ratios / Debt Ratios/ Liquidity Ratios / Efficiency Ratios) a. ____________How well the company is using its assets and liabilities internally. b. ___________ are to determine whether a company's is over-priced or underpriced. c. ____________ can be used to determine the overall level of financial risk a company and its shareholders face. d. ___________ Assess the firm's ability to operate efficiently e. ____________Are used to measure the...

Please calculate the following ratios: Market value added Market to book ratio Return on Asset The...

Please calculate the following ratios: Market value added Market to book ratio Return on Asset The Home Depot, Inc. Cash Flow All numbers in thousands Period Ending 1/29/17 1/31/16 Net Income 7,957,000 7,009,000 Operating Activities, Cash Flows Provided By or Used In Depreciation 1,973,000 1,863,000 Adjustments To Net Income 267,000 100,000 Changes In Accounts Receivables -138,000 -181,000 Changes In Liabilities 654,000 1,151,000 Changes In Inventories -769,000 -546,000 Changes In Other Operating Activities -161,000 -23,000 Total Cash Flow From Operating Activities...

Using the financial statements below,please calculate the following The current position of each company, The market...

Using the financial statements below,please calculate the following The current position of each company, The market value of each company, The amount of profit generated by each dollar of assets or equity, How much debt is involved in each company compared to equity, and How solvent each business is. THE PEOPLES’ CREDIT UNION LIMITED Financial statements for THE PEOPLES’ CREDIT UNION LIMITD) for the year ended December 31, 2017. Each share costs $5.00 The dividend paid was 3.75% December 31,...

Calculate the following ratios and provide an analysis of the company based on the ratios from...

Calculate the following ratios and provide an analysis of the company based on the ratios from the financial statements provided. Days Sales Outstanding - answer Profit Margin - answer Asset Turnover - answer Return on Assets - answer Financial Leverage - answer Return on Equity - answer PPE Turnover - answer Total Liabilities to Equity - answer Times Interest Earned - answer SILVER CLOUD COMPUTING Income Statements For the Years Ended February 28, 2018 and 2017 fye 2/28/2018 fye 2/28/2017...

This passge below require critical analysis and breakdown Moving averages, weighted moving averages, and exponential smoothing...

This passge below require critical analysis and breakdown Moving averages, weighted moving averages, and exponential smoothing methods are forecasting methods that are used for a time series with a horizontal pattern. These methods provide a high level of accuracy for short-range forecasts, such as a forecast for the next time period and are used to smooth out random fluctuations in the time series and have a high level of accuracy for short-range forecast. The moving Average method uses the average...

This passge below require critical analysis and breakdown Moving averages, weighted moving averages, and exponential smoothing...

This passge below require critical analysis and breakdown Moving averages, weighted moving averages, and exponential smoothing methods are three forecasting methods that are appropriate for a time series with a horizontal pattern. These methods are easy to use and generally provide a high level of accuracy for short-range forecasts, such as a forecast for the next time period. “The moving averages method uses the average of the most recent k data values in the time series as the forecast for...

Using CAPM, calculate the Expected Return for Apple and Microsoft. Get the relevant market related data,...

Using CAPM, calculate the Expected Return for Apple and Microsoft. Get the relevant market related data, such as the “risk-free rate” and “market return”, and describe which rate you are using from the financial markets Year Microsoft Apple Market Jan 2010 - Dec 2010 1 -0.34% 5.18% 14.93% Jan 2011 - Dec 2011 2 -0.37% 7.93% 2.06% Jan 2012 - Dec 2012 3 0.40% 5.15% 15.84% Jan 2013 - Dec 2013 4 2.81% 5.99% 32.21% Jan 2014 - Dec 2014...

explain the difference between profitability ratios and market ratios. Original answer please

•Calculate the variance analysis for the information provided below using this problem and the formula provided...

•Calculate the variance analysis for the information provided below using this problem and the formula provided to you. Data: Budget Actual Variance Total Payroll Cost $65,600.00 $78,627.50 $13,027.50 Total Nursing Hours 1600 1850 250 Composite Hourly Pay Rate $30.00 $33.00 $3.00 Patient Days 350 375 25 Formulas to use in calculations for variance analysis: Step #1: Compute the Efficiency Variance. Budgeted nursing hours / Budgeted patient days = HPPD Budgeted Actual nursing hours / Actual patient days = HPPD Actual...

Subjects