Individual Case Analysis 2

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I n d i v i d u a l C a s e A n a l y s i s 1 P a g e | 1 Individual Case Analysis 1 Connie Grimes BUSI 400-B01 LUO Liberty University June 12, 2017
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I n d i v i d u a l C a s e A n a l y s i s 1 P a g e | 2 Exercise 4C Step 1 Page 124 Calculation 2014 Ratios Current Ratio Current Assets/ Current Liabilities 2,247,047/ 1,935,647 1.16 Quick Ratio Current Assets – Inventory/ Current Liabilities 2,247,047 – 801,036/ 1,935,647 0.74 Debt-to-Total Assets Ratio Total Debt/ Total Assets 4,109,986/ 5,629,516 0.73 Debt- to- Equity Ratio Total Debt/ Total stockholders’ equity 4,109,986/ 1,519,530 2.70 Long Term Debt- to -Equity Ratio Long-Term Debt/ Total stockholders’ Equity 1,548,963/ 1,519,530 1.01 Times- interest – earned – ratio Profits before interest and taxes/ total interest charges 1,389,575/ 83,532 16.63 Inventory Turnover ratio Sales/ inventory of finished goods 7,421,768/ 801,036 9.26 Fixed Assets Turnover Sales/ Fixed Assets 7,421,768/ 2,151,901 3.45 Total Assets Turnover Sales/ Total Assets 7,421,768/ 5,629,516 1.32 Accounts Receivable Turnover Annual Credit Sales/ Accounts Receivable 7,421,768/ 596,940 12.43 Average Collection Period Accounts Receivable/ Total credit sales/ 365 days 596,940/ 374,854/ 365 0.43 Gross Profit Margin Sales-cost of goods sold/ sales 7,421,768- 4,085,602/ 7,421,768 0.45
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