MBA 737 Hinson Assignment 1-4

# MBA 737 Hinson Assignment 1-4 - Name Jamie Hinson...

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Name: Jamie Hinson Assignment 1-3 Worksheet Part I: A. Calculate the following ratios for East Coast Yachts and compare them to those for the industry: Liquidity or Short-Term Solvency Ratios Calculate and compare to industry ratios: East Coast Yacht s Lower Quart ile Median Upper Quart ile Positive, Negative, or Neutral Relative to Industry Current Ratio 1.29 0.86 1.51 1.97 Neutral Quick Ratio 0.77 0.43 0.75 1.01 Neutral Asset Management or Turnover Ratios Calculate and compare to industry ratios: East Coast Yacht s Lower Quart ile Median Upper Quart ile Positive, Negative, or Neutral Relative to Industry Assets Turnov er 1.51 1.10 1.27 1.46 Positive Inventory Turnov er 27.27 12.18 14.38 16.43 Positive Receivables Turnov er 30.57 10.25 17.65 22.43 Positive

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Long-Term Solvency Ratios Calculate and compare to industry ratios: East Coast Yacht s Lower Quart ile Median Upper Quart ile Positive, Negative, or Neutral Relative to Industry Debt Ratio 0.41 0.32 0.47 0.61 Neutral Debt-Equity Ratio 0.58 0.51 0.83 1.03 Positive Equity Multipl ier 1.70 1.51 1.83 2.03 Neutral Interest Covera ge 7.96 5.72 8.21 10.83 Neutral
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