Please calculate the following ratios for Lloyd and Emporium for 2000, 2001, & 2002:
Days' receivables (based on ending receivables and assuming 100% credit sales)
Days' payables (based on ending payables to sales)
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?
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
File contains a formatted MS Excel file containing a financial ratio analyis between two companies: Lloyd and Emporium.