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    Walgreens ratios 2010 and 2009; Robinson Inventory turnover

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    Compute the financial ratios using the 2010 and 2009 data.

    Inventories for Robinson Company are $500,000 for 2014 and $350,000 for 2013. Suppose the Robinson Company had a cost of goods sold of $1,000,000 in 2013 and $1,200,000 in 2014.
    a. Calculate the inventory turnover for each year. Comment on your findings.
    b. What would have been the amount of inventories in 2014 if the 2013 turnover ratio had been maintained?

    Current ratio
    Quick Ratio
    Average Payment Period
    Total Asset Turnover
    Fixed Asset Turnover
    Average Collection Period
    Inventory Turnover
    Total Debt to Total Assets
    Equity Multiplier
    Interest Coverage
    Operating Profit Margin
    Net Profit Margin
    Operating Return on Assets
    Return on Assets
    Return on Equity

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    Solution Summary

    Each ratio and supported schedules, shown in Excel, are attached for Robinson Company.