Valley. For the year ending December 31, 2021, Alexa and Maggle have reported the following key financial information.
Alacca 2,500,000 360,000 1,625,000 220,000
Net Sales Revenue
Cost of Goods Sold Operating Expenses Interest Expense
625,000 62,500 130,000 8,250 18,000 3,500 102,000 65,750
Income Tax Expense
Net Income
Cash
175,000 72,000 900,000 4,000 0.00 11,500 95,000 25,000 56,000 11,200 466,000 123,700
Short-term Investments Accounts Receivable Inventory Short-term Notes Receivable Total Current Assets
Property, Plant and Equipment, Net 3,404,000 1,212,000 Total Assets 3,870,000 1,335,700
Total Current Liabilities
450,000 85,000 0.00 320,700 1,450,000 405,700
Long-term Debt Total Liabilities
Share Capital Retained Earnings
200,000 150,000 2,220,000 780,000
Other Relevant Information
Alata Maggls 145,000 15,000
Average Inventory
Note: DO NOT use commas, dollar signs, or percentage signs in your answers (e.g. 2750, NOT $2,750 and 28, NOT 2%)
a) Based on the above information, calculate the following ratios (up to 2 decimal places where appropriate):
Gross Margin $
Gross Margin %
Net Working Capital
Current Ratio
Acid Test Ratio
Debt Ratio
Inventory Turnover
5pes, suggested ratio 5min
b) Which company do you think is in a better financial position based on the ratios above and why?
FTAC#IB
