Data for accomp any UT 2009 monetary statements follow. accompany UT Income Statement For age Ending December 31 concluding sales Cost of goods sold Gross profit fixed operating expenses except depreciation Depreciation profit in the beginning interest and taxes (EBIT) Interest Earnings before taxes (EBT) Taxes (40%) enlighten income (in millions) 2009 $ 1,500.0 (1,230.0) $ 270.0 ( 90.0) ( 50.0) $ 130.0 ( 40.0) 90.0 ( 36.0) $ 54.0 beau monde UT Balance Sheet December 31 $ $ $ $ $ 2008 1435.0 (1,176.7) 258.3 ( 85.0) ( 40.0) 133.3 ( 35.0) 98.3 ( 39.3) 59.0 (in millions) 2009 Assets bullion and marketable securities Accounts receivable memorandum centre current assets meshwork plant and equipment congeries assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock break away earnings Owners equity Total lia bilities and equity 2008 $ 15.0 180.0 270.0 465.0 380.0 $845.0 $ 40.0 160.0 200.0 400.0 350.0 $750.0 $ 30.0 60.0 40.0 $130.0 300.0 $430.0 130.0 285.0 $415.0 $845.0 $ 15.0 55.0 35.0 $105.0 255.0 $360.0 130.0 260.0 $390.0 $750.0 Required: a.
reason the 2009 values of the ratios indicated in the undermentioned table: Ratio Company UT Industry Current ratio 3.9 time age sales outstanding 33.5 days Inventory turnover 7.2 times Fixed asset turnover 4.1 times Debt ratio 45.0% Net profit margin 4.6% Return on assets 11.8% Return on equity 21.5% b. Briefly co! mment on Company UTs 2009 pecuniary position. Can you see any diaphanous strengths or weaknesses? c. Compare Company UTs 2009 ratios with its 2008 ratios. acknowledge on whether you believe Company UTs financial position improved or deteriorated during 2009. d. Construct a DuPont canvass for Company UT, and compare the Company UTs ratios with the projection average ratios, and comment briefly...If you want to get a queen-sized essay, order it on our website: OrderCustomPaper.com
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