Using the ratios you computed in Excel for Sleep Number, please match the ratios to...

80.2K

Verified Solution

Question

Accounting

Using the ratios you computed in Excel for Sleep Number, please match the ratios to the amount you calculated. The first number is for 2020 and the second is for 2019.

Question 11 options:

12345678910

128% (2020), 120% (2019)

12345678910

9.3% (2020), 10.9% (2019)

12345678910

7.5% (2020), 4.8% (2019)

12345678910

17.3% (2020), 12.8% (2019)

12345678910

2.01 (2020), 2.31 (2019) or 201% and 231%

12345678910

61.3% (2020), 61.9% (2019)

12345678910

8.3 (2020), 7.5 (2019)

12345678910

10.2% (2020), 10.8% (2019)

12345678910

71.6 (2020) and 86.5 (2019)

12345678910

.28 (2020), .27 (2019)

1.

Gross Margin (gross profit)

2.

Percent change in Sales (revenue), compared to prior year (horizontal analysis)

3.

Current Ratio

4.

Debt/Assets

5.

Accounts Receivable Turnover

6.

Inventory as a percent of Total Assets (vertical analysis)

7.

Inventory Turnover

8.

Cash Flow from Operations/Net Income

9.

Profit Margin

10.

Return on Assets

Compare the liquidity of Sleep Number as of 1/2/2021 (also known as its 2020 year) to its liquidity as of 12/28/2019 (also known as its 2019 year). Has its liquidity improved or deteriorated and why? Use four or more ratios and three to six sentences to explain your answer.

Compare the solvency of Sleep Number as of 1/2/2021 (also known as its 2020 year) to its solvency as of 12/28/2019. Has its solvency improved or deteriorated and why? Use two or more ratios and two to five sentences to explain your answer.

Compare the profitability of Sleep Number for the year ending 1/2/2021 (also known as its 2020 year) to its profitability for the year ending 12/28/2019. Has its profitability improved or deteriorated and why? Use six or more ratios and three to six sentences to explain your answer.

Compare the profitability of Sleep Number for the year ending 1/2/2021 (also known as its 2020 year) to its profitability for the year ending 12/28/2019. Has its profitability improved or deteriorated and why? Use six or more ratios and three to six sentences to explain your answer.

Compare the profitability of Sleep Number for the year ending 1/2/2021 (also known as its 2020 year) to its profitability for the year ending 12/28/2019. Has its profitability improved or deteriorated and why? Use six or more ratios and three to six sentences to explain your answer.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students