Income Statement 7 pictures attached Balance Sheet 10 pictur

•Income Statement: (7 pictures attached)

•Balance Sheet: (10 pictures attached)

•Cash Flow: (8 pictures attached)

Table 4.2 (shown in pictures) shows the computation of some commonly used ratios. Please reproduce these ratios for Illinois Tool Works (ITW). Pictures of the financial statements for ITW are also attached.

HINT: (If there are multiple dates, use the most recent).

Allied Food Products: Summary of Financial Ratios (Millions of Dollars) TABLE 4.2 Industry Ratio Liquidity Current Formula Calculation Ratio Average Comment Current assets Current liabilities Current assets-Inventories Current liabilities $1,000 $310 $385 = 3.2x 4.2x Poor Quick 2.2x Poor $310 1.2x Asset Management Inventory turnover Sales Inventories Receivables Annual sales/365 Sales Net fixed assets Sales Total assets $3,0004.9109x $615 $375 $8.2192-46 days 36 days 3,000 3.0x $1,000 Days sales outstanding (DSO) Fixed assets turnover Poor $2,0001.5x $860 $1,800 47.8% Total assets turnover 1.5× 1.8× Somewhat low Debt Management Total debt to total capital Total deblt Total capital 36.4% High (risky) Times-interest-earned (TIE) TIimes-interest-earned CTIE) Earnings before interest and taxes (EBIT) $2838 6.0x Low (risky) Interest charges

Solution

Please refer below table for which values are taken from the given financial statements:-

Now as per above Financial Ratio\'s i have created in below refered table:-

Thank You!!

Current Assets	7278
Current Liability	3053
Inventories	1246
Sales / Revenue	14314
Receivables	2819
Net Fixed Assets	9502
Total Assets	16780
Total Debt	7478
Total Capital	12063
EBIT	3399
Interest Charges	260
Net Income	1687
Common Equity	4585
Tax Rate	0.4
Total Invested Capital	12063
EPS	4.86
Common Stock Par / Carry Value	6
Total Shares Outstanding	344
Book Value	13.34011628