Course Hero Logo

Assignment.xlsx - Below are the summarized financial...

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 2 out of 9 pages.

Below are the summarized financial information of Jollibee Foods Corporation for 20220222021Revenues80,282,769,199 71,059,039,154Cost of Sales65,284,763,064 58,435,498,743Gross Profit14,998,006,135 12,623,540,411Expenses9,066,909,7408,278,522,626Operating Income5,931,096,3954,345,017,785Interest expense152,920,028206,012,700Income before Taxes6,245,514,5984,861,699,703Income Tax Expense1,522,708,0711,149,704,051Net Income4,722,806,5273,711,995,652Gross Accounts Receivable - Trade3,128,358,9632,714,763,623Trade Inventories3,509,791,1922,616,182,585Current Assets18,384,176,985 15,623,201,915Property, Plant and Equipment11,772,440,510 11,059,464,042Total Noncurrent Assets27,642,457,128 26,144,928,795Total Assets46,026,634,113 41,768,130,710Trade Accounts payable6,006,639,8364,717,064,438Current Liabilities15,618,612,677 16,621,233,643Noncurrent Liabilities7,047,081,3593,415,595,039Total Liabilities22,665,694,036 20,036,827,682Total Equity23,360,940,077 21,731,303,028Operating Cash Flows9,219,500,1978,237,963,925Compute the following for 2022 and 2021:Formulaa. Return on Equity (ROE)20.22%17.08% Net Incomb. Return on Assets (ROA)12.89%10.40% Operatingc. Gross Profit Margin18.68%17.76% Gross Prod. Operating Profit Margin7.39%6.11% Operatinge. Net Profit Margin5.88%5.22% Net Incomf. Current Ratio1.180.94 Current Ag. Quick Asset Ratio0.950.00h. Debt Ratio0.490.48 Total liabi. Debt to equity Ratio0.970.92 Total liabj. Times interest earned ratio40.8423.60 EBIT/Intek. Total asset turnover ratio1.741.70 Net Salesl. Accounts receivable turnover ratio25.6626.18 Revenue/m. Inventory turnover ratio18.6022.34 Cost of Sn. Accounts payable turnover ratio10.8712.39 Net Credo. Ave Age/Days' receivables (use 360 day14.0313.75 360/Accop. Days' inventories (use 360 days in a yea

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 9 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Maxine
Tags
Net Income, Generally Accepted Accounting Principles, Noncurrent Assets

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture