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Questions 3 (4 points) A five-year summary of key...

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Questions 3 (4 points) A five-year summary of key financial data for a construction firm is shown in the below table. Evaluate and analyze the performance of this company during the period. What actions, if any, should be taken to improve the company's position? (000's) 2011 2012 2013 2014 Sales % Sales growth 2,460 2,560 2,830 2,835 2,850 800 820 900 925 900 1,010 1,010 1,040 680 Material 550 290 320 250 230 Gross margin 235 n% G&A G&A%sales Income before tax Income before tax% Admin. salary 5 Sales to assets 3.33 205 7.03 8.92 9.93 10.12 13.9 Sales to equity Current Assets 520 532 475.8 510 511.5 Property and 280 280 354.2 360 338.5 equipment Accu. depreciation Current liabilities 325 380 390 425 465 155 145 liabilities Current ratio Debt to equity income to equity % income to assets % Sales to current assets 1.22 1.28 1.83 1.91 2.04 3.04 12.7 4.73 14.5 481 14.2 5.56

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