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A D E F K 1 Please complete the yellow highlightekd parts. Please show the formulas if the number or figures are not provided in the problem. 2 3 Cristal Clear, Inc. Cristal Clear, Inc. Cristal Clear, Inc. Ratios 2020 2019 Income Statement Balance Sheet Liquidity Ratios For the Year Ended Dec. 31, 2020 As of Dec. 31, 2020 6 Current Ratio 2.35x Ratio 2020 2019 Assets 2020 2019 7 Quick Ratio Ratio 0.80x Sales Ratio Ratio Cash and Equivalents 46.000 50,000 Efficiency Ratios Ratio Cost of Goods Sold 3,005.089 2,466,000 Accounts Receivable Ratio Ratio 9 Inventory Turnover Ratio Gross Profit G&A Expenses Other Expenses Depreciation 3.50x 1,324,911 Formula Inventory Formula Ratio Total Current Assets Plant & Equipment Accumulated Depreciation 10 Accounts Receivable Turnover Ratio 14.00x Ratio Formula 207.000 Ratio Formula 11 Average Collection Period Ratio 40.00 days 115,000 Formula Formula 435,000 12 Fixed Asset Turnover 15.00x Ratio Ratio Ratio 146.000 Formula 13 Total Asset Turnover Ratio Ratio ЕBIT 173,000 Ratio Net Fixed Assets Formula Formula 14 Leverage Ratios Interest Expense Formula 54,000 Total Assets Ratio 1,490,000 Earnings Before Taxes Taxes 15 Total Debt Ratio 60.00% Ratio Formula Formula Liabilities and Owners' Equity 16 Long-Term Debt Ratio 17 LTD to Total Capitalization 18 Debt to Equity 19 Long-Term Debt to Equity Formula Formula 59,500 Formula Accounts Payable Short-term Notes Payable Ratio 35.00% Formula 131.000 Ratio Ratio Net Income 201,000 Formula Ratio Ratio Notes Other Current Liabilities 121,000 117,000 Ratio Ratio Tax Rate 40% Total Current Liabilities 480,000 Ratio Long-term Debt Total Liabilities 20 Coverage Ratios Formula Formula 21 Times Interest Earned Ratio 4.00x Ratio Formula 22 Cash Coverage Ratio 3.00x 3.63x Common Stock Formula 408,000 Retained Earnings Total Shareholder's Equity Total Liabilities and Owners' Equity 23 Profitability Ratios 199.000 Formula 24 Gross Profit Margin 25 Operating Proft Margin 26 Net Proft Margin 27 Return on Total Assets 28 Return on Equity 29 Return on Common Equity Ratio Ratio Formula Ratio Ratio Ratio Formula Formula Ratio 3.00% Ratio 12.00% 4.20% Ratio Ratio Ratio

A D E F K 1 Please complete the yellow highlightekd parts. Please show the formulas if the number or figures are not provided in the problem. 2 3 Cristal Clear, Inc. Cristal Clear, Inc. Cristal Clear, Inc. Ratios 2020 2019 Income Statement Balance Sheet Liquidity Ratios For the Year Ended Dec. 31, 2020 As of Dec. 31, 2020 6 Current Ratio 2.35x Ratio 2020 2019 Assets 2020 2019 7 Quick Ratio Ratio 0.80x Sales Ratio Ratio Cash and Equivalents 46.000 50,000 Efficiency Ratios Ratio Cost of Goods Sold 3,005.089 2,466,000 Accounts Receivable Ratio Ratio 9 Inventory Turnover Ratio Gross Profit G&A Expenses Other Expenses Depreciation 3.50x 1,324,911 Formula Inventory Formula Ratio Total Current Assets Plant & Equipment Accumulated Depreciation 10 Accounts Receivable Turnover Ratio 14.00x Ratio Formula 207.000 Ratio Formula 11 Average Collection Period Ratio 40.00 days 115,000 Formula Formula 435,000 12 Fixed Asset Turnover 15.00x Ratio Ratio Ratio 146.000 Formula 13 Total Asset Turnover Ratio Ratio ЕBIT 173,000 Ratio Net Fixed Assets Formula Formula 14 Leverage Ratios Interest Expense Formula 54,000 Total Assets Ratio 1,490,000 Earnings Before Taxes Taxes 15 Total Debt Ratio 60.00% Ratio Formula Formula Liabilities and Owners' Equity 16 Long-Term Debt Ratio 17 LTD to Total Capitalization 18 Debt to Equity 19 Long-Term Debt to Equity Formula Formula 59,500 Formula Accounts Payable Short-term Notes Payable Ratio 35.00% Formula 131.000 Ratio Ratio Net Income 201,000 Formula Ratio Ratio Notes Other Current Liabilities 121,000 117,000 Ratio Ratio Tax Rate 40% Total Current Liabilities 480,000 Ratio Long-term Debt Total Liabilities 20 Coverage Ratios Formula Formula 21 Times Interest Earned Ratio 4.00x Ratio Formula 22 Cash Coverage Ratio 3.00x 3.63x Common Stock Formula 408,000 Retained Earnings Total Shareholder's Equity Total Liabilities and Owners' Equity 23 Profitability Ratios 199.000 Formula 24 Gross Profit Margin 25 Operating Proft Margin 26 Net Proft Margin 27 Return on Total Assets 28 Return on Equity 29 Return on Common Equity Ratio Ratio Formula Ratio Ratio Ratio Formula Formula Ratio 3.00% Ratio 12.00% 4.20% Ratio Ratio Ratio

Financial Reporting, Financial Statement Analysis and Valuation
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter5: Risk Analysis
Section: Chapter Questions
Problem 18PC
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I am having trouble with creating ratios or formulas from missing numbers. I need help. Please show formulas

B G K Please complete the yellow highlighted parts. Please show the formulas if the number or figures are not provided in the problem. 2 3 Cristal Clear, Inc. Cristal Clear, Inc. Cristal Clear, Inc. 4 Ratios 2020 2019 Income Statement Balance Sheet 5 Liquidity Ratios For the Year Ended Dec. 31, 2020 As of Dec. 31, 2020 6 Current Ratio 7 Quick Ratio 2.35x Ratio 2020 2019 Assets 2020 2019 Ratio 0.80x Sales Ratio Ratio Cash and Equivalents 46,000 50,000 Efficiency Ratios Ratio 8 Cost of Goods Sold 3,005,089 2,466,000 Accounts Receivable Ratio Ratio Gross Profit G&A Expenses Other Expenses Depreciation 9 Inventory Turnover Ratio 3.50x 1,324,911 Formula Formula Inventory Total Current Assets Ratio 10 Accounts Receivable Turnover Ratio 14.00x Ratio Formula 207.000 Ratio Formula 11 Average Collection Period 12 Fixed Asset Turnover Plant & Equipment Accumulated Depreciation Net Fixed Assets Ratio 40.00 days 115,000 Formula Formula 435,000 15.00x Ratio Ratio Ratio 146,000 Formula 13 Total Asset Turnover Ratio Ratio ЕBIT 173,000 Ratio Formula Formula Leverage Ratios Interest Expense Formula 54,000 Total Assets Ratio 1,490,000 14 15 Total Debt Ratio 60.00% Ratio Earnings Before Taxes Formula Formula Liabilities and Owners' Equity 16 Long-Term Debt Ratio 17 LTD to Total Capitalization 18 Debt to Equity 19 Long-Term Debt to Equity Accounts Payable Short-term Notes Payable Ratio 35.00% Тахes Formula Formula Formula 131,000 Ratio Ratio Net Income 59,500 Formula 201,000 Formula Ratio Ratio Notes Other Current Liabilities 121,000 117,000 Ratio Ratio Tax Rate 40% Total Current Liabilities 480,000 Ratio 20 Coverage Ratios Long-term Debt Formula Formula 21 Times Interest Earned Ratio 4.00x Total Liabilities Ratio Formula 22 Cash Coverage Ratio 3.00x 3.63х Common Stock Formula 408,000 Retained Earnings Total Shareholder's Equity 23 Profitability Ratios 199,000 Formula 24 Gross Profit Margin 25 Operating Proft Margin 26 Net Proft Margin 27 Return on Total Assets 28 Return on Equity 29 Return on Common Equity Ratio Ratio Formula Ratio Ratio Ratio Total Liabilities and Owners' Equity Formula Formula Ratio 3.00% 4.20% Ratio Ratio 12.00% Ratio Ratio 30
Transcribed Image Text:B G K Please complete the yellow highlighted parts. Please show the formulas if the number or figures are not provided in the problem. 2 3 Cristal Clear, Inc. Cristal Clear, Inc. Cristal Clear, Inc. 4 Ratios 2020 2019 Income Statement Balance Sheet 5 Liquidity Ratios For the Year Ended Dec. 31, 2020 As of Dec. 31, 2020 6 Current Ratio 7 Quick Ratio 2.35x Ratio 2020 2019 Assets 2020 2019 Ratio 0.80x Sales Ratio Ratio Cash and Equivalents 46,000 50,000 Efficiency Ratios Ratio 8 Cost of Goods Sold 3,005,089 2,466,000 Accounts Receivable Ratio Ratio Gross Profit G&A Expenses Other Expenses Depreciation 9 Inventory Turnover Ratio 3.50x 1,324,911 Formula Formula Inventory Total Current Assets Ratio 10 Accounts Receivable Turnover Ratio 14.00x Ratio Formula 207.000 Ratio Formula 11 Average Collection Period 12 Fixed Asset Turnover Plant & Equipment Accumulated Depreciation Net Fixed Assets Ratio 40.00 days 115,000 Formula Formula 435,000 15.00x Ratio Ratio Ratio 146,000 Formula 13 Total Asset Turnover Ratio Ratio ЕBIT 173,000 Ratio Formula Formula Leverage Ratios Interest Expense Formula 54,000 Total Assets Ratio 1,490,000 14 15 Total Debt Ratio 60.00% Ratio Earnings Before Taxes Formula Formula Liabilities and Owners' Equity 16 Long-Term Debt Ratio 17 LTD to Total Capitalization 18 Debt to Equity 19 Long-Term Debt to Equity Accounts Payable Short-term Notes Payable Ratio 35.00% Тахes Formula Formula Formula 131,000 Ratio Ratio Net Income 59,500 Formula 201,000 Formula Ratio Ratio Notes Other Current Liabilities 121,000 117,000 Ratio Ratio Tax Rate 40% Total Current Liabilities 480,000 Ratio 20 Coverage Ratios Long-term Debt Formula Formula 21 Times Interest Earned Ratio 4.00x Total Liabilities Ratio Formula 22 Cash Coverage Ratio 3.00x 3.63х Common Stock Formula 408,000 Retained Earnings Total Shareholder's Equity 23 Profitability Ratios 199,000 Formula 24 Gross Profit Margin 25 Operating Proft Margin 26 Net Proft Margin 27 Return on Total Assets 28 Return on Equity 29 Return on Common Equity Ratio Ratio Formula Ratio Ratio Ratio Total Liabilities and Owners' Equity Formula Formula Ratio 3.00% 4.20% Ratio Ratio 12.00% Ratio Ratio 30
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