Clarkson Lumber Company Case Study I

Clarkson Lumber Company Case Study I please read the episode Clarkson Lumber Company, and nicety the followers questions: 1.Please finish the following common-size financial statements and financial dimensions Common-size income statement (20%) 200920102011 net gross revenue ampere-second.00% degree Celsius.00%100.00% cost of goods sold75.39%75.75%75.77% Gross profit24.61%24.25%24.23% operate expenses21.29%20.62%20.80% salary in the beginning interest and taxes3.32%3.62%3.43% Interest expense0.79%1.21%1.24% make income before income taxes2.53%2.42%2.19% Provision for income taxes0.48%0.46%0.49% shekels income 2.05%1.96%1.70% Common-size balance sheet (30%) 200920102011 Cash4.7%4.5%3.4% Accounts receivable, meshwork33.3%35.5%37.0% Inventory36.7%37.3%35.9% authentic pluss74.6%77.4%76.3% Property, net25.4%22.6%23.7% occur assets100%100%100% Notes payable, bank5.2%23.8% Note payable to Holtz, circulating(prenominal) c haracter part8.6%6.1% Notes payable, trade7.8% Accounts payable23.2%29.4%23.0% Other current liabilities4.6%3.9%4.6% destination loan, current portion2.2%1.7%1.2% Current liabilities29.9%48.8%66.5% Term loan15.2%10.4%6.1% Note payable, Mr. Holtz8.6%0.0% make sense Liabilities45.2%67.8%72.6% Net worth54.8%32.2%27.4% Total liabilities and Net Worth100%100%100% Financial ratios (Please use the year-end amount.) (20%) 200920102011 plus management Days gross revenue in receivables 384348 Days sales in inventory 555962 Days payables Fixed asset turnover12.513.211.6 Total asset turnover3.23.02.8 Liquidity Current ratio2.51.61.1 Quick ratio1.30.80.6 breadability Profit margin0.0210.0200.017 ROA0.0650.0590.047 ROE0.120.180.17 Financial supplement Total debt ratio0.450.680.73 Interest coverage4.232.8 2.why has Clarkson Lumber borrowed increasing...If you necessity to get a full essay, cabaret it on our website: OrderEssay.ne! t

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