



Study with the several resources on Docsity
Earn points by helping other students or get them with a premium plan
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Community
Ask the community for help and clear up your study doubts
Discover the best universities in your country according to Docsity users
Free resources
Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors
Financial data for Waterloo Brewing Company Limited (WB) for the years 2018 and 2020, including total assets, total liabilities, equity, return on equity (ROE), return on assets (ROA), financial leverage (FL), profit margin (PM), asset turnover (AT), current ratio, times interest earned, and liabilities-to-Equity ratio. The document also includes computations for net income, revenue, and earnings before interest and tax. The analysis includes comments on the results and conclusions for each section.
Typology: Exercises
1 / 7
This page cannot be seen from the preview
Don't miss anything!
$ millions 2018 2017 Total assets $97,334 $84, Less Total liabilities 13,207 10, Equity $84,127 $74, Return on equity (ROE) = Net income / Average Equity 27.91%
a. $ millions 2018 2017 Total assets $97,334 $84, Less Total liabilities 13,207 10, Equity $84,127 $74, Return on equity (ROE) = Net income / Average Equity 27.91% Return on assets (ROA) = Net income / Average total assets 24.32% Financial leverage (FL) = Average total assets / Average Equity 1. b. $ millions 2018 2017 Net income $22, Revenue 55, Total assets 97,334 84, Profit margin (PM) = Net income / Revenue 39.60% Asset turnover (AT) = Revenue / Average total assets 0.
Computations:
Refer to the 20 20 financial statements of the Waterloo Brewing Company Limited (WB). Use these financial statements to respond to the questions below. These financial statements are available on sedar , the repository of public information for the TSX. To access these statements: