Catering Co. CIncome StatementFor the year ended 31 Mar 20X5($ in million) &nCatering Co. CIncome...

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Accounting

Catering Co. C
Income Statement
For the year ended 31 Mar 20X5
($ in million)
                                    Netsales                                              $7,356
                                    Less:Cost of foodsold                        2,402
                                    Less:otherexpenses                             4,174
                                    Earningsbefore interest andtaxes          780
                                    Less:Taxes                                          193
                                    Netprofit                                             $587
Catering Co. C
20X4 and 20X5
Statement of Financial Position
($ in million)
                                         20X4      20X5                                                          20X4      20X5
        Cash                     $1,149  $   1,236        Accountspayable                      $774     $820
        Accountsrec.                 80           143        Long-termdebt                             61           67
        Inventory                     212           228        Sharecapital                             1,348      1,112
        Total                       $1,441      $1,607        Retainedearnings                     2,384      2,564
        Net fixedassets         3,126        2,955
        Totalassets             $4,567      $4,562        Totalliabilities &equity           $4,567   $4,562
Calculate the net profit margin in % for 20X5 in .
Calculate how many days on average it takes Catering Co. C tosell their inventory in .
Calculate how many days on average it takes Catering Co. C tocollect its receivables in .
Calculate how many dollars of sales Catering Co. C generatesfrom every dollar of total assets in .
Calculate Catering Co. C’s debt ratio for 20X5 in .
Calculate Catering Co. C's earnings per share in  ifit has 1,000,000,000 shares outstanding.
Calculate Catering Co. C's price earnings ratio in  ifthe share price is $21.45.
Calculate Catering Co. C's return on equity in 20X5 in .
Suggest TWO ways to improve the return on equity under theDuPont system in .

Answer & Explanation Solved by verified expert

3.9 Ratings (411 Votes)

1 Net profit margin Net profit Net sales 100 587 million 7356 million 100 798 2 Average days in inventory 365 days Inventory turnover ratio where inventory turnover ratio Cost of goods sold Average See Answer

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Transcribed Image Text

In: AccountingCatering Co. CIncome StatementFor the year ended 31 Mar 20X5($ in million) &nCatering Co. CIncome StatementFor the year ended 31 Mar 20X5($ in million) Netsales $7,356 Less:Cost of foodsold 2,402 Less:otherexpenses 4,174 Earningsbefore interest andtaxes 780 Less:Taxes 193 Netprofit $587Catering Co. C20X4 and 20X5Statement of Financial Position($ in million) 20X4 20X5 20X4 20X5 Cash $1,149 $ 1,236 Accountspayable $774 $820 Accountsrec. 80 143 Long-termdebt 61 67 Inventory 212 228 Sharecapital 1,348 1,112 Total $1,441 $1,607 Retainedearnings 2,384 2,564 Net fixedassets 3,126 2,955 Totalassets $4,567 $4,562 Totalliabilities &equity $4,567 $4,562Calculate the net profit margin in % for 20X5 in .Calculate how many days on average it takes Catering Co. C tosell their inventory in .Calculate how many days on average it takes Catering Co. C tocollect its receivables in .Calculate how many dollars of sales Catering Co. C generatesfrom every dollar of total assets in .Calculate Catering Co. C’s debt ratio for 20X5 in .Calculate Catering Co. C's earnings per share in ifit has 1,000,000,000 shares outstanding.Calculate Catering Co. C's price earnings ratio in ifthe share price is $21.45.Calculate Catering Co. C's return on equity in 20X5 in .Suggest TWO ways to improve the return on equity under theDuPont system in .