4-25 RATIO ANALYSIS The Corrigan Corporation's 2015 and 2016 financial statements follow, along with some industry average ratios. 1. Assess Corrigan's liquidity position, and determine how it compares with 2. Assess Corrigan's asset management position, and determine how it peers and how the liquidity position has changed over time. 0 compares with peers and how its asset management efficiency has changed 3. Assess Corrigan's debt management position, and determine how it compares 4. Assess Corrigan's profitability ratios, and determine how they compare with 5. Assess Corrigan's market value ratios, and determine how its valuation 6. Calculate Corrigan's ROE as well as the industry average ROE, using the over time. with peers and how its debt management has changed over time. peers and how its profitability position has changed over time. compares with peers and how it has changed over time. DuPont equation. From this analysis, how does Corrigan's financial position 4. Assess Corrigan's profitability ratios, and determine how they compare with 5. Assess Corrigan's market value ratios, and determine how its valuation 6. Calculate Corrigan's ROE as well as the industry average ROE, using the with peers and how its debt management has changed over time. peers and how its profitability position has changed over time. compares with peers and how it has changed over time. DuPont equation. From this analysis, how does Corrigan's financial position compare with the industry average numbers? 2015 $ 72,000 65,000 328,000 894,000 813,000 $1405,000 $1,206,000 271,000 133,000 2016 Cash Accounts receivable Inventories 439,000 Total current assets 238,000 132,000 61,000 Land and buikding Other fixed assets Total assets $1836 000 $1 467 000 $1 ft,7,000 Accounts payable Accrued liabilities $ 80,000 72,708 40,880 476 990457912 $602,000 571,500 258,898 575,000 261.602 1 667.000 45,010 Notes payable Total current Sabilities Long-term debt Common stock Retained earnings Total liabilities and equity 404,290 575,000 254.710 4-25 RATIO ANALYSIS The Corrigan Corporation's 2015 and 2016 financial statements follow, along with some industry average ratios. 1. Assess Corrigan's liquidity position, and determine how it compares with 2. Assess Corrigan's asset management position, and determine how it peers and how the liquidity position has changed over time. 0 compares with peers and how its asset management efficiency has changed 3. Assess Corrigan's debt management position, and determine how it compares 4. Assess Corrigan's profitability ratios, and determine how they compare with 5. Assess Corrigan's market value ratios, and determine how its valuation 6. Calculate Corrigan's ROE as well as the industry average ROE, using the over time. with peers and how its debt management has changed over time. peers and how its profitability position has changed over time. compares with peers and how it has changed over time. DuPont equation. From this analysis, how does Corrigan's financial position 4. Assess Corrigan's profitability ratios, and determine how they compare with 5. Assess Corrigan's market value ratios, and determine how its valuation 6. Calculate Corrigan's ROE as well as the industry average ROE, using the with peers and how its debt management has changed over time. peers and how its profitability position has changed over time. compares with peers and how it has changed over time. DuPont equation. From this analysis, how does Corrigan's financial position compare with the industry average numbers? 2015 $ 72,000 65,000 328,000 894,000 813,000 $1405,000 $1,206,000 271,000 133,000 2016 Cash Accounts receivable Inventories 439,000 Total current assets 238,000 132,000 61,000 Land and buikding Other fixed assets Total assets $1836 000 $1 467 000 $1 ft,7,000 Accounts payable Accrued liabilities $ 80,000 72,708 40,880 476 990457912 $602,000 571,500 258,898 575,000 261.602 1 667.000 45,010 Notes payable Total current Sabilities Long-term debt Common stock Retained earnings Total liabilities and equity 404,290 575,000 254.710