working capital, ratio, ROE, ROI
Dec 31,1999 Dec 31, 1998
Net Sales $8,645,561 $7,467,925
COGS $6,745,744 $5,921,651
Operating Income $595,670 $494,227
Net Income $427,944 $346,399
Assets
Cash & Equivalents $1,127,654 $1,169,810
Marketable Securities $208,717 $158,657
Accounts Receivable $646,339 $558,851
Inventory $191,870 $167,924
Other current assets $522,225 $172,944
Property/Plant/Equipment $745,660 $530,988
Intangibles $52,302 $65,944
Other Non-Current assets $459,921 $65,262
Total Assets $3,954,688 $2,890,380
Liabilities & Owner’s Equity
Long-term obligations $5,490 $11,415
Accounts Payable $898,436 $718,071
Accrued Liabilities $609,132 $415,265
Accrued Royalties $153,840 $167,873
Other Current Liabilities $142,812 $117,050
Warranty $124,862 $112,971
Common Stock/Paid-in Capital $660,070 $367,552
Retained Earnings $1,408,852 $980,908
Other Stockholder Equity ($51,804) ($4,085)
Total Liabilities/Stockholder Equity $3,954,688 $2,890,380
Dec 31, 1997 Total Assets were $2,039,371
Dec 31, 1996 Total Stockholder’s Equity was $930,044
Calculate working capital, current ratio, acid-test ratio
1998 and 1999
Calculate ROE for 1998 and 1999
Calculate ROI showing turnover for 1998 and 1999
Evaluate overall liquidity and profitability
Why were no dividends paid?
