• Income Statement: (7 pictures attached) •Balance Sheet: (10 pictures attached)
ID: 2823640 • Letter: #
Question
•Income Statement: (7 pictures attached)
•Balance Sheet: (10 pictures attached)
•Cash Flow: (8 pictures attached)
Table 4.2 (shown in pictures) shows the computation of some commonly used ratios. Please reproduce these ratios for Illinois Tool Works (ITW). Pictures of the financial statements for ITW are also attached.
HINT: (If there are multiple dates, use the most recent).
Allied Food Products: Summary of Financial Ratios (Millions of Dollars) TABLE 4.2 Industry Ratio Liquidity Current Formula Calculation Ratio Average Comment Current assets Current liabilities Current assets-Inventories Current liabilities $1,000 $310 $385 = 3.2x 4.2x Poor Quick 2.2x Poor $310 1.2x Asset Management Inventory turnover Sales Inventories Receivables Annual sales/365 Sales Net fixed assets Sales Total assets $3,0004.9109x $615 $375 $8.2192-46 days 36 days 3,000 3.0x $1,000 Days sales outstanding (DSO) Fixed assets turnover Poor $2,0001.5x $860 $1,800 47.8% Total assets turnover 1.5× 1.8× Somewhat low Debt Management Total debt to total capital Total deblt Total capital 36.4% High (risky) Times-interest-earned (TIE) TIimes-interest-earned CTIE) Earnings before interest and taxes (EBIT) $2838 6.0x Low (risky) Interest chargesExplanation / Answer
Please refer below table for which values are taken from the given financial statements:-
Now as per above Financial Ratio's i have created in below refered table:-
Thank You!!
Current Assets 7278 Current Liability 3053 Inventories 1246 Sales / Revenue 14314 Receivables 2819 Net Fixed Assets 9502 Total Assets 16780 Total Debt 7478 Total Capital 12063 EBIT 3399 Interest Charges 260 Net Income 1687 Common Equity 4585 Tax Rate 0.4 Total Invested Capital 12063 EPS 4.86 Common Stock Par / Carry Value 6 Total Shares Outstanding 344 Book Value 13.34011628Related Questions
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