Connect Access Card for Financial Accounting: Information and Decisions
8th Edition
ISBN: 9781259662966
Author: John J Wild
Publisher: McGraw-Hill Education
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Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For example,
answers should look like -0.05 or 1.33.
Use the following table to calculate Current Ratios for the years 2014, 2015, and 2016:
Year
2014
2015
2016
Current Assets Current Liabilities
6,086
5,914
8,137
ROA
ROE
Current Ratio
2016
0.78
%
%
8,532
8,516
10,397
2015
0.69
%
%
2014
0.71
%
%
Find the following financial ratios for LVMH Moet Hennessy Louis Vuitton SA (use year-end figures rather than average values where appropriate) (Round your answers to 2 decimal places (e.g., 32.16).) :
2015
2016
Short-term solvency ratios:
Current ratio
Quick ratio
Cash ratio
Asset utilization ratios:
Total asset turnover
Inventory turnover
Receivables turnover
Long-term solvency ratios:
Total debt ratio
Debt–equity ratio
Equity multiplier
Times interest earned ratio
Profitability ratios:
Profit margin
%
%
Return on assets
%
%
Return on equity
%
%
The condensed financial statements of Ivanhoe Company for the years 2020-2021 are presented below:
(See Images)
Compute the following financial ratios by placing the proper amounts for numerators and denominators. (Round per unit answers to 2 decimal places, e.g. 52.75.)
(a)
Current ratio at 12/31/21
$
$
(b)
Acid test ratio at 12/31/21
$
$
(c)
Accounts receivable turnover in 2021
$
$
(d)
Inventory turnover in 2021
$
$
(e)
Profit margin on sales in 2021
$
$
(f)
Earnings per share in 2021
$
(g)
Return on common stockholders’ equity in 2021
$
$
(h)
Price earnings ratio at 12/31/21
$
$
(i)
Debt to assets at 12/31/21
$
$
(j)
Book value per share at 12/31/21
$
Chapter 13 Solutions
Connect Access Card for Financial Accounting: Information and Decisions
Ch. 13 - Explain the difference between financial reporting...Ch. 13 - Prob. 2DQCh. 13 - Prob. 3DQCh. 13 - Prob. 4DQCh. 13 - Prob. 5DQCh. 13 - Prob. 6DQCh. 13 - Prob. 7DQCh. 13 - Prob. 8DQCh. 13 - Prob. 9DQCh. 13 - Prob. 10DQ
Ch. 13 - Prob. 11DQCh. 13 - Prob. 12DQCh. 13 - Prob. 13DQCh. 13 - Prob. 14DQCh. 13 - Prob. 15DQCh. 13 - Prob. 16DQCh. 13 - Prob. 17DQCh. 13 - Financial reporting Cl. Which of the following...Ch. 13 - Prob. 2QSCh. 13 - Prob. 3QSCh. 13 - Prob. 4QSCh. 13 - Prob. 5QSCh. 13 - Prob. 6QSCh. 13 - Prob. 7QSCh. 13 - Prob. 8QSCh. 13 - Prob. 9QSCh. 13 - Prob. 1ECh. 13 - Prob. 2ECh. 13 - Prob. 3ECh. 13 - Prob. 4ECh. 13 - Prob. 5ECh. 13 - Prob. 6ECh. 13 - Prob. 7ECh. 13 - Prob. 8ECh. 13 - Risk and capital structure analysis P3 Refer to...Ch. 13 - Prob. 10ECh. 13 - Prob. 11ECh. 13 - Prob. 12ECh. 13 - Prob. 14ECh. 13 - Prob. 15ECh. 13 - Prob. 1PSACh. 13 - Prob. 2PSACh. 13 - Prob. 3PSACh. 13 - Prob. 4PSACh. 13 - Prob. 5PSACh. 13 - Prob. 6PSACh. 13 - Prob. 1PSBCh. 13 - Prob. 2PSBCh. 13 - Prob. 3PSBCh. 13 - Prob. 4PSBCh. 13 - Prob. 5PSBCh. 13 - Prob. 6PSBCh. 13 - Prob. 13SPCh. 13 - Prob. 1BTNCh. 13 - Prob. 2BTNCh. 13 - Prob. 3BTNCh. 13 - Prob. 7BTNCh. 13 - Prob. 9BTN
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