P2 6A a Earnings per share 60 000 30 000 shares 2 00 2011 2012 70 000 33 000 shares 2 12 b Working capital 20 000 62 000 73 000 28 000 70 000 90 000 70 000 85 000 75 000 113 000 c Current ratio 155 000 70 000 2 2 1 d Debt to total assets ratio 160 000 685 000 23 4 188 000 75 000 2 5 1 155 000 760 000 20 4 e Free cash flow 56 000 38 000 15 000 3 000 82 000 45 000 20 000 17 000 f The earning and net income per share have improved this shows that the fundamental profitability of the corporation has increased The liquidity of the corporation as presented by the working capital and the current ratio has increased a bit Also the corporation improved its solvency by refining its debt to total assets ratio and it s free cash flow as well P13 2A a Earning per share 218 000 59 000 3 69 b Return on common on stockholders equity 218 000 465 400 603 400 2 218 000 534 400 40 8 c Return on assets 218 000 852 800 1 026 900 2 218 000 939 850 23 2 d Current ratio 377 900 203 500 1 85 1 e Receivables turnover 1 890 540 102 800 117 800 2 1 890 540 110 300 17 1 times f Average collection period 365 days 17 1 21 3 days g Inventory turnover 1 058 540 115 500 126 000 2 1 058 540 120 750 8 8 times h Days in inventory 365 days 8 8 41 5 days i Times interest earned 332 000 22 000 15 1 times j Asset turnover 1 890 540 1 026 900 852 800 2 2 01 times k Debt to total assets 423 500 1 026 900 41 l Current cash debt coverage 220 000 187 400 203 500 2 1 13 times m Cash debt coverage 220 000 387 400 423 500 2 0 54 times n Free cash flow 220 000 136 000 70 000 14 000
View Full Document
Unlocking...