Problem 7-13
Comprehensive Ratio Analysis
Data for Lozano Chip Company and its industry averages
follow.
Lozano Chip Company: Balance Sheet as of December 31,
2015 (Thousands of Dollars)
Cash
$ 206,000
Accounts payable
$606,300
Receivables
1,548,000
Notes payable
332,900
Inventories
1,184,000
Other current liabilities
547,000
Total current assets
$2,938,000
Total current liabilities
$1,486,200
Net fixed assets
1,345,000
Long-term debt
1,007,100
Common equity
1,789,700
Total assets
$4,283,000
Total liabilities and equity
$4,283,000
Lozano Chip Company: Income Statement for Year Ended
December 31,...