Download A User Perspective, Sixth Canadian Edition (Hoskin, Fizzell

Checklist of Key Figures
Chapter 12: Financial Statement Analysis
Problem
Check Figures
AP12-1
b. Return on Assets: First = 8.4%; Foremost = 11.8%
AP12-2
b. Return on Assets: Cool = 2.7%; Northern = 15.8%; e. Debt to
equity Cool = 0.70; Northern = 0.12
AP12-3
a. Net profit margin 2016 = 11.1%; c. Average collection period =
25.9 days; e. Inventory turnover = 9.5 times
AP12-4
a. Current ratio 2015 = 1.90; Quick ratio 2016 = 0.46
AP12-5
a. i. Return on Assets Company A = 12%; iii. Net profit margin
Company B = 4.5%
AP12-6
b. Days to collect—Michael’s = 42.9 days
AP12-7
a. 2012 Inventory turnover = 6.95
AP12-8
b. Al’s Supermarket — Days to sell inventory = 19.7 days
AP12-9
a. Current ratio 2016 = 2.2; b. Maximum loan 2016 $1,074.4
AP12-10
b. Total shareholders’ equity $1,224,973
AP12-12
a. Average collection period = 41.8 days; c. Accounts payable
turnover = 11.7
AP12-13
a. Return on Equity 2016 = 11.4%; c. Gross profit margin 2015 =
54.0%
AP12-14
a. Debt to equity ratio 2016 = 59.0%; Interest coverage 2015 = 7.7
times
AP12-15
a. Debt to equity ratio 2016 = 64.3%; Interest coverage 2015 = 21.2
times
AP12-17
a. Inventory turnover 2016 = 3.6 times; b. Return on assets 2015 =
12.1%; d. Debt to Equity 2016 = 0.20
AP12-18
b. Dividend yield Company 2 = 2.12%; c. Net free cash flow
Company 1: $58,466
AP12-19
b. Quick ratio = 0.93
AP12-20
a. Average collection period 2016= 39.7 days; b. Return on Assets
2015 = 3.3%
AP12-21
a. 2015 debt to equity: A-Tec = 110.0%, Bi-Sci = N/A; 2016 Return
on Assets A-Tec = 29.1%, Bi-Sci =34.1%
AP12-22
a. vi. Return on Assets Zeus Corp = 2.2%; vii Return on Equity
Mars = 26.2%
RI12-1
a. v. 2014 Return on Assets = (11.8)%; c. 2014 Current ratio = 3.7
RI12-2
b. Inventory turnover Danier 2014 = 3.31 times, Le Château 2013 =
0.75 times
RI12-3
a. Inventory turnover 2013 = 5.89 times; c. Return on assets 2013 =
5.7%; e. Net free cash flow 2013 $4,933
RI12-4
a. Accounts receivable turnover 2013 = 1.75 times; b. Debt to
equity ratio 2012 = .163; c. Return on equity 2013 = 11.2%
C12-2
Return on equity if pay $400,000 = 11.6%