Inc Stmt Balance Sheet Ratio Answer Sheet Fiscal Year Ended $ ASSETS 1) What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company? 2) Which users may be interested in each type of ratio? 3) What does the collected data reveal about the performance and position of the company? SOLVENCY: Asset turnover Numerator Denominator Answer Expression LIQUIDITY: Profit Margin Current Ratio Acid Quick Ratio Receivables turnover Inventory turnover Return on Assets Return on Equity Debt to Total Assets Times Interest Earned Ratio R
Inc Stmt Balance Sheet Ratio Answer Sheet Fiscal Year Ended $ ASSETS 1) What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company? 2) Which users may be interested in each type of ratio? 3) What does the collected data reveal about the performance and position of the company? SOLVENCY: Asset turnover Numerator Denominator Answer Expression LIQUIDITY: Profit Margin Current Ratio Acid Quick Ratio Receivables turnover Inventory turnover Return on Assets Return on Equity Debt to Total Assets Times Interest Earned Ratio Ratio PROFITABILITY: times % : 1 Complete the ten ratios below. Company C CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (in millions) February 3, January 28, Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net Financing receivables, net Inventories Other Total current assets Property, plant, and equipment, net Investments Long-term financing receivables, net Other non-current assets Total assets LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued and other Total current liabilities Long-term debt Other non-current liabilities Total liabilities Stockholders’ equity: Preferred stock and capital in excess of $.01 par value; shares issued and outstanding: none Common stock and capital in excess of $.01 par value; shares authorized: 7,000; shares issued: 2,818 and 2,769, respectively Treasury stock, at cost; 488 and 284 shares, respectively Retained earnings Other comprehensive loss Total stockholders’ equity Total liabilities and stockholders’ equity CONSOLIDATED STATEMENTS OF INCOME (in millions, except per share amounts) January 30, Net revenue Cost of revenue Gross margin Operating expenses: Selling, general, and administrative Research, development, and engineering Total operating expenses Operating income Investment and…
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