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Kramerica Industries (KI) 2021 Income Statement (all numbers in millions) ...

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Finance

Kramerica Industries (KI)
2021 Income Statement (all numbers in millions)
Sales 1563.7
Cost of goods sold 1081.1
Selling & administrative expenses 231.1
Depreciation 83.1
Earnings before interest and taxes ?
Interest expense 5.6
Earnings before taxes ?
Taxes 44.3
Net income ?
Dividends ?
Additions to retained earnings ?

Kramerica Industries (KI)
2020 and 2021 Balance Sheets (all numbers in millions)
2020 2021 2020 2021
Cash 46.5 309.8 Accounts payable 346 377.8
Accounts receivable 268.8 306.2 Long-term debt 305.6 574
Inventory 372.7 423.8 Common stock 892.9 869.6
Net fixed assets 805.8 849.4 Retained earnings -50.7 67.8
Total assets ? ? Total liabilities and equity ? ?

13. KI's total debt ratio in 2021 is

14. KI's times interest earned ratio in 2021 is _____.

15. KI's operating cycle in 2021 is _____.

16. KI's cash cycle in 2021 is _____.

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