Fin – Modern Appliances Corporation

User’s response: Modern Appliances Corporation has reported its financial result for the year ended December 31, 2008Income statement for the fiscal year ended December 31, 2008Net——————————————- $5,398,412,000Cost of goods sold—————————–$3,432,925,255Gross profit———————————–$1,965,486,745Selling, general, and administrative expenses–$1,036,311,231Depreciation———————————–$299,928,155Operating Income——————————-$629,247,359Interest expense——————————-$35,826,000EBT ——————————————-$593,421,359Income taxes———————————–$163,104,554Net earnings———————————–$430,316,805Consolidated balance sheetModern Appliances CorporationDecember 31, 2008″ASSETS:Cash and cash equivalents $514,412,159Accounts receivable $1,046,612,233Inventories $981,870,990Other current asset $313,621,610Total current assets $2,856,516,992Net fixed Assets $754,660,275Goodwill $118, 407,710Other assets $665,058,761Total assets $4,394,643,738LIABILITY AND EQUITY:short-term borrowings $117,109,865Trade account payable $466,937,985other current liability $994,289,383Total current liability $1,578,337,233long term debt $1,200,691,565common stock $397,407,352Retained earnings $1,218,207,588Total liability equity $4,394,643,738″Using the information from the financial statements complete a comprehensive ratio analysis for modern appliances corporation.-Calculate these liquidity ratios: current and quick.-Calculate these efficiency ratios: inventory turnover, accounts receivable turnover DSO.-Calculate these assets turnover ratio: total asset turnover, fixed asset turnover.-Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier-Calculate these coverage ratios: time interest earned, cash coverage.-Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE.Use the DuPont identity, and after calculating the component ratios:, compute the ROE FOR THIS FIRM

Originally posted 2018-06-30 11:43:17. Republished by Blog Post Promoter

Fin – Modern Appliances Corporation

The user has updated the question:User’s response: Modern Appliances Corporation has reported its financial result for the year ended December 31, 2008Income statement for the fiscal year ended December 31, 2008Net——————————————- $5,398,412,000Cost of goods sold—————————–$3,432,925,255Gross profit———————————–$1,965,486,745Selling, general, and administrative expenses–$1,036,311,231Depreciation———————————–$299,928,155Operating Income——————————-$629,247,359Interest expense——————————-$35,826,000EBT ——————————————-$593,421,359Income taxes———————————–$163,104,554Net earnings———————————–$430,316,805Consolidated balance sheetModern Appliances CorporationDecember 31, 2008″ASSETS:Cash and cash equivalents $514,412,159Accounts receivable $1,046,612,233Inventories $981,870,990Other current asset $313,621,610Total current assets $2,856,516,992Net fixed Assets $754,660,275Goodwill $118, 407,710Other assets $665,058,761Total assets $4,394,643,738LIABILITY AND EQUITY:short-term borrowings $117,109,865Trade account payable $466,937,985other current liability $994,289,383Total current liability $1,578,337,233long term debt $1,200,691,565common stock $397,407,352Retained earnings $1,218,207,588Total liability equity $4,394,643,738″Using the information from the financial statements complete a comprehensive ratio analysis for modern appliances corporation.-Calculate these liquidity ratios: current and quick.-Calculate these efficiency ratios: inventory turnover, accounts receivable turnover DSO.-Calculate these assets turnover ratio: total asset turnover, fixed asset turnover.-Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier-Calculate these coverage ratios: time interest earned, cash coverage.-Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE.Use the DuPont identity, and after calculating the component ratios:, compute the ROE FOR THIS FIRM

Fin – Modern Appliances Corporation

The user has updated the question:User’s response: Modern Appliances Corporation has reported its financial result for the year ended December 31, 2008Income statement for the fiscal year ended December 31, 2008Net——————————————- $5,398,412,000Cost of goods sold—————————–$3,432,925,255Gross profit———————————–$1,965,486,745Selling, general, and administrative expenses–$1,036,311,231Depreciation———————————–$299,928,155Operating Income——————————-$629,247,359Interest expense——————————-$35,826,000EBT ——————————————-$593,421,359Income taxes———————————–$163,104,554Net earnings———————————–$430,316,805Consolidated balance sheetModern Appliances CorporationDecember 31, 2008″ASSETS:Cash and cash equivalents $514,412,159Accounts receivable $1,046,612,233Inventories $981,870,990Other current asset $313,621,610Total current assets $2,856,516,992Net fixed Assets $754,660,275Goodwill $118, 407,710Other assets $665,058,761Total assets $4,394,643,738LIABILITY AND EQUITY:short-term borrowings $117,109,865Trade account payable $466,937,985other current liability $994,289,383Total current liability $1,578,337,233long term debt $1,200,691,565common stock $397,407,352Retained earnings $1,218,207,588Total liability equity $4,394,643,738″Using the information from the financial statements complete a comprehensive ratio analysis for modern appliances corporation. -Calculate these liquidity ratios: current and quick. -Calculate these efficiency ratios: inventory turnover, accounts receivable turnover DSO. -Calculate these assets turnover ratio: total asset turnover, fixed asset turnover. -Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier-Calculate these coverage ratios: time interest earned, cash coverage. -Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE. Use the DuPont identity, and after calculating the component ratios:, compute the ROE FOR THIS FIRM

Fin – Modern Appliances Corporation

User’s response: Modern Appliances Corporation has reported its financial result for the year ended December 31, 2008Income statement for the fiscal year ended December 31, 2008Net——————————————- $5,398,412,000Cost of goods sold—————————–$3,432,925,255Gross profit———————————–$1,965,486,745Selling, general, and administrative expenses–$1,036,311,231Depreciation———————————–$299,928,155Operating Income——————————-$629,247,359Interest expense——————————-$35,826,000EBT ——————————————-$593,421,359Income taxes———————————–$163,104,554Net earnings———————————–$430,316,805Consolidated balance sheetModern Appliances CorporationDecember 31, 2008ASSETS:Cash and cash equivalents $514,412,159Accounts receivable $1,046,612,233Inventories $981,870,990Other current asset $313,621,610Total current assets $2,856,516,992Net fixed Assets $754,660,275Goodwill $118, 407,710Other assets $665,058,761Total assets $4,394,643,738LIABILITY AND EQUITY:short-term borrowings $117,109,865Trade account payable $466,937,985other current liability $994,289,383Total current liability $1,578,337,233long term debt $1,200,691,565common stock $397,407,352Retained earnings $1,218,207,588Total liability equity $4,394,643,738Using the information from the financial statements complete a comprehensive ratio analysis for modern appliances corporation.-Calculate these liquidity ratios: current and quick.-Calculate these efficiency ratios: inventory turnover, accounts receivable turnover DSO.-Calculate these assets turnover ratio: total asset turnover, fixed asset turnover.-Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier-Calculate these coverage ratios: time interest earned, cash coverage.-Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE.Use the DuPont identity, and after calculating the component ratios:, compute the ROE FOR THIS FIRM