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Review the financial statements and preform the following calculations and analysis:
i. Calculate the current ratio for the two balance sheets presented
ii. Calculate return on Assets for 2022 and 2021
iii. Calculate return on Equity for 2022 and 2021 iv. Calculate the Accounts Receivable turnover for
2022 and 2021
v. Calculate the days in A/R for 2022 and 2021
vi. Calculate the Inventory turnover for 2022 and 2021
vii. Calculate the days in Inventory for 2022 and 2021
viii. Prepare Common Size Balance Sheets for the two balance sheets presented
ix. Prepare Common Size Income Statements for the three income statements presented (you
may ignore the Statements of Comprehensive Income for this purpose).
As of ASSETS Current assets: LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities:
Revolving credit facility Accounts payable and accrued liabilities Current portion of deferred
revenue Total current liabilities Long-term liabilities: Long-term portion of deferred revenue Long-
term debt Other long-term liabilities Total long-term liabilities Commitments and contingencies
(Notes 8,12 and 18) Stockholders' equity: Preferred stock - $0.01 par value; authorized 400
shares, none issued or outstanding Common stock - $0.01 par value; authorized 600,000 shares;
issued and outstanding shares: 272,675 and 276,796 , respectively Treasury stock, at cost 56,485
shares and 52,363 shares, respectively Retained earnings Accumulated other comprehensive loss
Total stockholders' equity Total liabilities and stockholders' equityCONSOLIDATED INCOME
STATEMENTS For the three fiscal years ended December 31, 2022 (In thousands, except per
share amounts)

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Review the financial statements and preform the following ca.pdf

  • 1. Review the financial statements and preform the following calculations and analysis: i. Calculate the current ratio for the two balance sheets presented ii. Calculate return on Assets for 2022 and 2021 iii. Calculate return on Equity for 2022 and 2021 iv. Calculate the Accounts Receivable turnover for 2022 and 2021 v. Calculate the days in A/R for 2022 and 2021 vi. Calculate the Inventory turnover for 2022 and 2021 vii. Calculate the days in Inventory for 2022 and 2021 viii. Prepare Common Size Balance Sheets for the two balance sheets presented ix. Prepare Common Size Income Statements for the three income statements presented (you may ignore the Statements of Comprehensive Income for this purpose). As of ASSETS Current assets: LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Revolving credit facility Accounts payable and accrued liabilities Current portion of deferred revenue Total current liabilities Long-term liabilities: Long-term portion of deferred revenue Long- term debt Other long-term liabilities Total long-term liabilities Commitments and contingencies (Notes 8,12 and 18) Stockholders' equity: Preferred stock - $0.01 par value; authorized 400 shares, none issued or outstanding Common stock - $0.01 par value; authorized 600,000 shares; issued and outstanding shares: 272,675 and 276,796 , respectively Treasury stock, at cost 56,485 shares and 52,363 shares, respectively Retained earnings Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equityCONSOLIDATED INCOME STATEMENTS For the three fiscal years ended December 31, 2022 (In thousands, except per share amounts)