Connect Access Card for Financial Accounting: Information and Decisions
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   $
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