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Chris Guthrie was recently hired by Kiwi Yachts Ltd to help the company with its financial planning and to evaluate the company's performance. Chris
Based on the above information, answer the following questions:
a). Calculate the following ratios for Kiwi Yachts: current ratio, quick ratio, cash ratio, total asset turnover, inventory turnover, receivables turnover, total debt ratio, debt–equity ratio, equity multiplier, times interest earned, cash coverage ratio, profit margin, return on assets and return on equity.
b). Compare the performance of Kiwi Yachts to the industry. Briefly describe what each ratio is indicating, and comment on why each of the ratios calculated for Kiwi Yachts might be viewed as positive or negative relative to the industry.
Please write clearly. Thank you. :)
A). Financial RatiosCurrent Assets1. Current Ratio = Current Liabilities2. Quick Ratio = = 4 330 843/2 983 670= 1.45 Cash+ Short Investments+ Current ReceivablesCurrent Liabilities = (503 805 +...