Financial for Managers need in 15 hours.

Use the following information to answer items 1-3: SHOW YOUR WORK (6.0 points)

At December 31 a company's records show the following information:

Cash $10,000

Accounts Receivable 15,000

Inventory 50,000

.Prepaid Insurance 6, 000

Long-term Assets 120,000

Accounts Payable 30,000

Notes Payable due in 10 months 25,000

Wages Payable 5,000

Long-term Liabilities 80,000

Stockholders' (Owner's) Equity 106,000

Net Income 30,000

Calculate the current ratio

Calculate the Debt to Equity ratio

Calculate the Return on Assets

Use the following information to answer items 4-5: SHOW YOUR WORK (3 points)

For its most recent year a company had Sales (all on credit) of $600,000 and Cost of Goods Sold of $400, 000. At the end of the year its Accounts Receivable amounted to $90,000 and its Inventory was $ 60,000. Accounts Payable was $5,000 and Net Income was $42,000.

Calculate the Accounts Receivable Turn Days

Calculate the Inventory Turn Days

Financial Analysis Pfizer (PFE) – (55 points)

Using Yahoo Finance, access Pfizer (PFE) financial statements. Complete the financial analysis of Pfizer for the years 2019,2018,2017 using the financial analysis spreadsheet (include industry averages on your spreadsheet).

Using Word, analyze the data over the three year period and reference the industry averages in the following areas:

Staying Power

Earning Power

Overall efficiency ratios

Working capital cycle ratios

Use CSI Market.com to look up industry averages (Go, enter stock symbol, select Fundamentals. Use

Industry column to retrieve data for all ratios except Earnings Quality and Accounts Payable turnover).

Submit via Canvas:

Financial analysis spreadsheet (include industry averages)

Financial analysis Word document