Project #50010 - Accounting

Calculate the current ratio for Famous Dave’s the current and past year (4 pts.)

 

 

 

 

Calculate the current ratio for Texas Roadhouse the current and past year (4 pts.)

 

 

 

 

 

Describe in two complete sentences what the current ratio measures

(2 pts)

 

 

 

 

 

Which company has a better current ratio and why? TWO COMPLETE SENTENCES REQUIRED (3 pts.)

Calculate the accounts receivable turnover ratio for Famous Dave’s (3 pts.) ASSUME ALL SALES OR REVENUES ON THE INCOME STATEMENT ARE CREDIT SALES

 

 

 

 

 

 

Calculate the accounts receivable turnover ratio for Texas Roadhouse (3 pts.) ASSUME ALL SALES OR REVENUES ON THE INCOME STATEMENT ARE CREDIT SALES.

 

 

 

 

 

Describe in two complete sentences what the receivable turnover ratio measures. (3 pts)

 

 

 

 

 

 

 

Which company has a better receivable turnover ratio? (1 pts) Why? (3 pts.) THREE COMPLETE SENTENCES REQUIRED

 

 

 

 

 

 

 

Calculate the number of days’ sales in receivables for each company. 4 (pts)

 

 

 

 

 

 

 

 

 

 

 

 

 

Calculate the inventory turnover ratio for Famous Dave’s (3pts.)

 

 

 

 

 

 

 

Calculate the inventory turnover ratio for Texas Roadhouse (3 pts.)

 

 

 

 

 

 

 

Describe in two complete sentences what the inventory turnover ratio measures. (3 pts)

 

 

 

 

 

 

Which company has a better inventory turnover ratio? (2 pts) Why? (2 pts) THREE COMPLETE SENTENCES REQUIRED

 

 

 

 

 

 

Calculate the number of days’ sales in inventory for each company. (4pts)

 

 

 

 

Calculate the debt to equity ratio for Famous Dave’s for the current and prior year

(3 pts.)

 

 

 

 

 

 

Calculate the debt to equity ratio for Texas Roadhouse for the current and prior year (3 pts)

 

 

 

 

 

 

 

Describe in a THREE complete sentences what the debt to equity ratio measures and why this would be important to a potential creditor. (4 pts)

 

 

 

 

 

 

 

Calculate the profit margin ratio for Famous Dave’s for the current and prior year (4 pts)

 

 

 

 

 

 

 

Calculate the profit margin ratio for Texas Roadhouse for the current and prior year (4 pts.)

 

 

 

 

 

 

 

 

 

 

 

 

 

Describe in two complete sentencewhat the profit margin ratio measures. (4 pts)

 

 

 

 

 

 

 

Which company has a better profit margin ratio? (1 pts). Why is this important to you? (Three complete sentences are required) (3pts)

 

 

 

 

 

 

 

 

 

 

 

How did the Famous Dave’s management describe the current year as compared to prior years? What are their plans for the future? THREE FULL PARAGRAPHS REQUIRED (5 pts.) The answer must be typed and in your own words. If you copy it directly from the annual report, you will receive zero points

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How did the Texas Roadhouse management describe the current year as compared to prior years? What are their plans for the future? THREE FULL PARAGRAPHS REQUIRED (5 pts.) The answer must be typed and in your own words. If you copy it directly from the annual report, you will receive zero points

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Who audited Famous Dave’s? Who audited Texas Roadhouse? (2pts)

 

 

 

 

 

 

 

 

 

 

 

25. Please prepare a one page, single spaced, typed letter of which company you wouldrecommend to invest in. Prepare the letter with you being a financial planner, sending it to your client. Your recommendation should be supported with financial information. The financial information will be from the ratios you calculated and other information in the annual reports you deem important. 15 POINTS!!

Subject Business
Due By (Pacific Time) 12/07/2014 12:00 am
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