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Fin – The Worthy Clothier And Rocket, Inc.

Submitted by • December 18, 2018

PART 1 The Worthy Clothier, a seller of clothes, has been in business for several years. An internal cost analyst has prepared the following financial data from the annual reports. You have been hired as a financial consultant to help analyze the financial position. As a start, you are asked to respond to the questions listed. 2012 Current Ratio Quick Ratio Day's Sales in Receivables-merchandise Inventory Turnover Debt Ratio Times Interest Earned Sales as a % of 2008 Sales Net Income as a % of 2008 Income Gross Profit Margin Operating Expenses to Net Sales Net Profit Margin Return on Total Assets a. 20112010200920082. 802. 03614. 20. 484. 6146%2. 431. 93584. 10. 504. 8123%2. 361. 82544. 10. 495. 9112%2. 101. 61423. 90. 475. 7106%2. 001. 47353. 70. 476. 0100%131%38. 5%120%38. 8%110%38. 9%106%40. 0%100%39. 7%11. 4%7. 6%9. 4%11. 3%8. 6%9. 6%11. 5%8. 9%9. 6%11. 4%9. 4%10. 0%11. 7%9. 3%10. 7%Required: [One sheet only; label with the following letters]Explain the trend in liquidity. Make spe

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Voted by Simon Brooke

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