Question

Hello need help finding the ratios for this question

Use the column 20X4 Adjusted and 20X5 Unadjusted

Plan-1 KEYSTONE COMPUTERS & NETWORKS, INC. Analytical Procedures Ratios For the Years Ended December 31, Ref. No. Prepared by Date 1/10/X6 20X5 20X4 Industry 1.3 37.0 Current ratio Days sales in average accounts receivable Allowance for doubtful accounts / accounts receivable Bad debt expenses/net sales Total liabilities to net worth Return on total assets Return on net worth Return on net sales Gross profit/net sales Selling, operating and admin expense / net sales Times interest earned 2.9 9.0% 29.0% 2.3% 24.0% 23.9% 5.5

Answer 1

	20X5	20X4
Current ratio	7.073067	6.503151
Days sales in average accounts receivable	80.89425	69.39288
Allowance for doubtful accounts / accounts receivable	0.010161	0.011248
Bad debt expenses / net sales	0.006061	0.005224
Total liabilities to net worth	3.195918	3.841035
Return on total assets (%)	6.15	6.23
Return on net worth	25.79%	30.16%
Return on net sales	0.85%	0.70%
Gross profit / net sales	22.09%	23.16%
Selling, operating and admin expenses / net sales	47.68%	48.36%
Times interest earned	2.654438	2.610323