Financial Performance Summary: Provide a brief summary of your financial analysis from the Financial Calculations. sert your summary.

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter17: Other Services Provided By Audit Firms
Section: Chapter Questions
Problem 55RSCQ
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I only need help with the first picture which is summary of the finances which is on the second picture. The second picture is already taken care of but I am struggling with the first picture which is the summary. 

C
c
11
Financial Performance Summary: Provide a brief
summary of your financial analysis from the
Financial Calculations.
Insert your summary.
Transcribed Image Text:C c 11 Financial Performance Summary: Provide a brief summary of your financial analysis from the Financial Calculations. Insert your summary.
Index
Sheet ($ in Millions)
ASSETS
Cash & Marketable Securities
Accounts Receivable
Inventories
Other Current Assets
Total Current Assets
Machinery & Equipment
Land
Buildings
Depreciation
Property, Plant & Equip. - Net
Other Long Term Assets
Total Long-Term Assets
Total Assets
Table 2: Hillside, Inc. Income
Statement ($ in Millions)
Revenue
Cost Of Goods Sold
Gross Profit
Operating Expenses:
Selling, General & Admin.
Depreciation
Operating income
Interest
Other Expense (Income)
Income Before Taxes
Income Taxes
Net Income
Number of Common Stock
Shares Outstanding
Table 3: Financial Performance
Calculations
Liquidity Ratios
Current Ratio (times)
Quick Ratio (times)
Average Payment Period (days)
Asset Management Ratios
Total Asset Turnover (times)
Average Collection Period (days)
Inventory Turnover (times)
Financial Leverage Ratios
Total Debt to Total Assets
Equity Multiplier (times)
Profitability Ratios
Operating Profit Margin
Net Profit Margin
Return on Total Assets
Return on Equity
Earnings per Share
3,645.20 Other Current Liabilities
116.60 Total Current Liabilities
5,165.27
No data
No data
No data
No data
No data
No data
1,688.90
1,129.70
2,348.40
LIABILITIES
449.90 Accounts Payable
954.80 Salaries Payable
28,681.10
20.768.80
7,912.30
(575.60) SHAREHOLDER'S EQUITY
4,591.40 Common Stock
No data
No data
120.90 Retained Earnings
4,712.30
No data
No data
No data
No data
No data
No data
No data
No data
No data
9,877.57 Total Liabilities & Equity
5,980.80
307.30
1,624.20
(13.10)
Other Liabilities
1,637.30
Total Liabilities
618.10
1,019.20
1,032,271
Total Shareholder's Equity
Answers
Input the current ratio.
Input the quick ratio.
Input the average payment period.
Input the total asset turnover.
Input the average collection period.
Input the inventory turnover.
Input the debt to total assets.
Input the equity multiplier.
Input the operating profit margin.
Input the net profit margin.
Input the return on total assets.
Input the return on equity.
Input the earnings per share.
1,611.20
225.20
1,118.80
2,955.20
693.40
3,648.60
828.50
5.401.70
6,230.20
9,878.80
Transcribed Image Text:Index Sheet ($ in Millions) ASSETS Cash & Marketable Securities Accounts Receivable Inventories Other Current Assets Total Current Assets Machinery & Equipment Land Buildings Depreciation Property, Plant & Equip. - Net Other Long Term Assets Total Long-Term Assets Total Assets Table 2: Hillside, Inc. Income Statement ($ in Millions) Revenue Cost Of Goods Sold Gross Profit Operating Expenses: Selling, General & Admin. Depreciation Operating income Interest Other Expense (Income) Income Before Taxes Income Taxes Net Income Number of Common Stock Shares Outstanding Table 3: Financial Performance Calculations Liquidity Ratios Current Ratio (times) Quick Ratio (times) Average Payment Period (days) Asset Management Ratios Total Asset Turnover (times) Average Collection Period (days) Inventory Turnover (times) Financial Leverage Ratios Total Debt to Total Assets Equity Multiplier (times) Profitability Ratios Operating Profit Margin Net Profit Margin Return on Total Assets Return on Equity Earnings per Share 3,645.20 Other Current Liabilities 116.60 Total Current Liabilities 5,165.27 No data No data No data No data No data No data 1,688.90 1,129.70 2,348.40 LIABILITIES 449.90 Accounts Payable 954.80 Salaries Payable 28,681.10 20.768.80 7,912.30 (575.60) SHAREHOLDER'S EQUITY 4,591.40 Common Stock No data No data 120.90 Retained Earnings 4,712.30 No data No data No data No data No data No data No data No data No data 9,877.57 Total Liabilities & Equity 5,980.80 307.30 1,624.20 (13.10) Other Liabilities 1,637.30 Total Liabilities 618.10 1,019.20 1,032,271 Total Shareholder's Equity Answers Input the current ratio. Input the quick ratio. Input the average payment period. Input the total asset turnover. Input the average collection period. Input the inventory turnover. Input the debt to total assets. Input the equity multiplier. Input the operating profit margin. Input the net profit margin. Input the return on total assets. Input the return on equity. Input the earnings per share. 1,611.20 225.20 1,118.80 2,955.20 693.40 3,648.60 828.50 5.401.70 6,230.20 9,878.80
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