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    Financial Ratios for Lloyd Emporium

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    Please calculate the following ratios for Lloyd and Emporium for 2000, 2001, & 2002:
    (see attached)
    Current ratio
    Acid-test ratio
    Days' receivables (based on ending receivables and assuming 100% credit sales)
    Days' payables (based on ending payables to sales)
    Inventory turnover
    Total liabilities/total assets
    Long-term debt/owners' equity
    Total liabilities/owners' equity

    Based on these ratios, what do you think is happening at Lloyd's and The Emporium?

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    Solution Preview

    For your convenience, I have attached a formatted MS Excel spreadsheet containing th text posted below. I have also included notes and reference sources which may prove helpful in gaining a better understanding of the material contained within this post.

    2000 2001 2002 Impact
    Curent Ratio: 2.40 2.28 2.70 Positive

    Acid-Test Ratio: 1.07 1.08 1.29 Positive

    Days' Receivables Ratio:
    RceivablesTurnover Ratio 8.46 6.13 5.69
    Day's Receivable Ratio 43.13 59.50 64.15 Negative

    Inventory Turnover Ratio
    3.54 2.82 2.79 Negative

    Total ...

    Solution Summary

    File contains a formatted MS Excel file containing a financial ratio analyis between two companies: Lloyd and Emporium.