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PartOne-CompetencyOneDemonstrationofMastery.docx

Running head: COMPETENCY ONE DEMONSTRATION OF MASTERY 1

COMPETENCY ONE DEMONSTRATION OF MASTERY 4

Competency One Demonstration of Mastery

Comprehensive Financial Statement Problem

According to Psalm 115:16 “The heaven, even the heavens, are the Lord's: but the earth hath he given to the children of men.” The earth is a beautiful home for mankind created for use to live, build, and grow. God wants created mankind a place to grow, live, and build as well as spread his gospel. To spread and preach his gospel one must travel and meet other. For my case, I used Lyft company which is concerned with transportation. It is a global transportation company that is making moves in self-driving cars. The organization signed partnerships with various motor industries such as the Jaguar Land Rover, General Motors, and Drive. At the start the company, invested in $1 billion that was led by capital G. Currently, the organization has kicked off some self-driving pilots specifically in Las Vegas and Bay Area with drive. A company must have a strategy to make it unique from other organizations (Sherman, 2015). The Lyft company is global transportation emerged as an alternative for anti-uber choice for people dealing with disagreements surrounding Uber. The services of the company are accessed through a mobile application where the clients have a profile with a name and accessible phone numbers. The use of e-commerce by the organization has helped the company to access a variety of customers and hence increase their returns. Also, it has helped them to gain a competitive advantage from the rest of the organization offering the same services. This is because they enhance quality and fast services. Although it is making profits, it also experiences losses at times.

Net profit margin= Net income*100

Revenue

Year 2020= $-1,752.857/$2365*100= -74.11%

Year 2019= $-2,602.241/3616*100= -71.96%

Year 2018= $-982.091/2157*100= 45.53%

Year 2017= $-710.255/1060*100= 67.01%

Year 2016= $-690.605/343*100= -201.34%

Operating profit margin= Operating profit*100

Total revenue

Year 2020= $-1,808.382/2365*100= -76.46%

Year 2019= $-2,702.48/3616*100= -74.74%

Year 2018= $-977.711/2157*100= -45.33%

Year 2017= $-708.272/1060*100= -66.82%

Year 2016= $-692.603/343*100= 201.93%

Return on Assets (ROA) = Net Income

Average total assets

Year 2020= $-1,752.857/4679*100= -37.46%

Year 2019= $-2602.241/5691*100= -45.72%

Year 2018= $-982.091/3760*100= -26.12%

Year 2017= $-710.255/3017*100= -23.54%

Year 2016= $-690.605/1249*100= -55.29%

Return on equity (ROE) = Net income

Average shareholder’s equity

= $-1,752.857/ (1676+2854)*100= -36.70%

Earnings per share (EPS) = Net income- preferred dividends/average outstanding

Year 2018= ($-982.091- 5152)/291= -21.08%

Year 2017= ($-710.255-4284)/291= -17.16%

Year 2016= ($-690.605-2239)/291= -10.07%

Price earnings ratio (P/E) = market earnings per share/earnings per share

= 0.32/$-5.61= -0.057

Dividend yield and payout= Dividend per share/Earnings per share

= 0/$-5.61= 0

Economic value added (EVA) = Net operating profit after taxes- (Invested capital*WACC)

Current Ratio= Current assets (Henao, 2017)

Current liabilities

Year 2020= 2594/2074= 1.25

Year 2019= 3247/2451= 1.32

Year 2018= 2320/1449= 1.60

Year 2017= 2564/697= 3.68

Year 2016= 1075/306= 3.51

Quick ratio= Current assets- Inventory

Current liabilities

Year 2020= 2594-0/2074= 1.25

Year 2019= 3247-0/2451=1.32

Year 2018= 2320-0/1449= 1.60

Year 2017= 2564-0/697= 3.68

Year 2016= 1074-0/306= 3.51

Net liquid balance= (cash and cash equivalents+ short-term investments) - notes payable (Daryanto, 2019)

Average collection period= Accounts receivable* number of days

Net credit sales

Inventory turnover= Net Sales

Average Inventory at selling price

=2365/0= 0

Total asset turnover= net sales

Total assets

= 2152.34/4679= 0.46

Operating cycle= Inventory period+ accounts receivable period

=

Free cash flow= -3.402

Debt-to-equity ratio= Debt/Equity

= 0.3844

Times-Interest-earned ratio (TIE) =

Book value per share= (Shareholders equity- Preferred equity)/Total outstanding common shares

= (1676-0)/312= 5.1775

From the above information concerning the financial ratios of Lyft company, In the year 2020, the company generated a revenue of $569.9 million which is clearly seen as a drop due to the attack of COVID-19. The company mainly depends on rideshare revenues and it is the most affected business globally by the pandemic during the year 2020. The company stated that the rides were very low by 51% and those riders who were active were also very low, 45.2%. It also generated more revenue for those riders by a rate of 2.3% of a value of $45.4. The losses experienced per share were $0.58 and the net loss was $458.2. In the first quarter of 2020, Lyft company reduced to $955.7 million and in the second quarter, the revenue was $339.3 million. In the third quarter, the revenue reduced slightly, and it was $499.7 but the sales were still low. The company continues to look for a method of increasing profits and it introduced a major roadblock to persuade the Californian voters to pass a law that made the company be exempted from the nation’s labor laws by allowing its drivers to be contractors.

References.

Daryanto, W. M., Dzikro, S. I., & Fitri, D. N. (2019). Financial Performance Analysis of Conventional Taxi in Indonesia: Before and After The Emergence of Ride-Hailing Company. South East Asia Journal of Contemporary Business, Economics and Law19(1), 13-21.

Henao, A. (2017). Impacts of Ridesourcing-Lyft and Uber-on Transportation Including VMT, Mode Replacement, Parking, and Travel Behavior. University of Colorado at Denver.

Sherman, E.H. (2015). A manager’s guide to financial analysis: Powerful tools for analyzing the numbers and making the best decisions for your business (6th ed.).  Saranac Lake, NY: American Management Association.  ISBN: 978-0761215615

The Holy Bible

Profitability ratios of Lyft Company

2020 Net profit margin Operating profit margin Return on assets Return on equity -74.11 -76.459999999999994 -37.46 -36.700000000000003 2019 Net profit margin Operating profit margin Return on assets Return on equity -71.959999999999994 -74.739999999999995 -45.72 2018 Net profit margin Operating profit margin Return on assets Return on equity 45.53 -45.33 -26.12 2017 Net profit margin Operating profit margin Return on assets Return on equity 67.010000000000005 -66.819999999999993 -23.54 2016 Net profit margin Operating profit margin Return on assets Return on equity -201.34 201.93 -55.29

Time in Years

Ratios

R

unning head:

COMPETENCY ONE DEMONSTRATION OF MASTERY

1

Competency

One

Demonstration of Mastery

Running head: COMPETENCY ONE DEMONSTRATION OF MASTERY 1

Competency One Demonstration of Mastery