Ratios/Income Statement/NPV/IRR/Capital Budgeting

"Company D "Industry "Comparative Income Statements "Company D "Data "December 31 , Years 8 and 7 "Ratio Analysis "Year 8 "Year 7 "Quartiles (amounts in thousands "Horizontal Analysis "Ratio "Year 8 "Year 7 "Change Inc (Dec "3 .140625 "NET SALES "134550 "123708 "10842 "0 "Current Ratio "1 .96124 "1 .070313 "2 .070312 "Cost of Merchandise Sold "92721 "86409 "6312 "0 "1 .070312 " GROSS PROFIT "41829 "37299 "4530 "0 .7237996 "1 .070313 "Operating Expenses "Acid-Test Ratio "0 .2494155 "0 .5175781 "0 .0351563 " Selling and Store Operating "25827 "23478 "2349 "0 .1679019 "0 .5175781 " Pre-Opening "222 "267 "-45 "-0 .5842697 " General and Administrative

"2316 "2163 "153 "0 "27 .125 " Total Operating Expenses "28365 "25908 "2457 "0 "Days ' Sales Uncollected "11 .50434 "6 .28125 "38 .125 " OPERATING INCOME "13464 "11391 "2073 "0 .8245984 "49 .25 "Interest Income (Expense " Interest Income "183 "117 "66 "0 .4102564 "36 .3 " Interest Expense "-84 "-66 "-18 "0 .2727273 "Days ' Sales in Inventory "80 .9248 "65 .6 "55 .25 " Interest , net "99 "51 "48 "0 .0588235 "72 .6 " EARNINGS BEFORE INCOME TAXES "13563 "11442 "2121 "0 .0613529 "3 .140625 "Provision for Income Taxes "5052 "4419 "633 "0 .8071962 "Total Asset Turnover "2 .96372 "2 .070312 "2 .140625 " NET EARNINGS "8511 "7023 "1488 "0 .6979923 "2 .070313 "0 .5175781 "Company D "Debt to Equity "0 .5535575 "0 .5175781 "1 .070313 "Comparative Balance Sheets "2 .140625 "December 31 , Years 8 and 7 (amounts in thousands "29 .125 " Year 8 " Year 7 Before Tax Return on Equity "0...