RATIOS TELL A STORY

1 2 3
Fiscal year-end 1-Jun 1-Dec 2-Feb
Cash and equivalents 53.50 36.40 0.80
Receivables 6.20 56.60 3.60
Inventory -- -- 21.90
Other current assets 7.40 -- 2.60
Total current assets 67.10 -- 28.90
Net plant and equipment 3.90 1.00 50.50
Financial-service assets -- -- --
Goodwill and investments 23.90 6.00 18.80
Other assets 5.10 -- 1.80
Total assets 100.00 100.00 100.00
Notes payable -- -- 2.30
Accounts payable 2.00 62.30 15.70
Accrued expenses 1.30 -- 3.10
Income taxes 2.50 -- --
Other current liabilities 13.10 11.20 7.60
Total current liabilities 18.90 -- 28.70
Long-term debt -- 14.90 44.10
Financial-service liability -- -- --
Deferred-tax liability 1.40 -- --
Other liabilities -- 4.10 8.80
Total liabilities 20.30 92.50 81.60
Minority interest -- -- --
Preferred stock -- -- --
Common stock 48.00 3.80 16.30
Retained earnings 31.70 3.90 11.10
Treasury stock -- (0.20) (9.00)
Total owners’ equity 79.70 7.50 18.40
Total liabilities and equity 100.00 100.00 100.00
Return on sales 0.29 0.11 0.02
Asset turnover 0.45 0.09 2.69
Return on assets 0.13 0.01 0.06
Leverage 1.26 13.90 5.65
Return on equity 0.17 0.14 0.32
Long-term debt/total capital -- 0.67 0.71
Current ratio 3.56 -- 1.01
Inventory turnover -- -- 8.83
Days receivables outstanding 50.00 2,398.00 5.00
Revenue growth 0.10 (0.03) 0.02
Gross margin 0.86 -- 0.27
Dividend payout - 0.38 -
Debt Coverage 1.12 0.01 0.15
Operating Funds Ratio 1.83 0.90 2.25
Software Dev Company Commercial Bank Supermarket

Highest Asset
High Days Turn Over,
Receivable, No Low Days
Inventory Receivable
 Exhibit 1
RATIOS TELL A STORY: 2001 (amounts are % of total assets)
4 5 6 7 8
1-Dec 1-Dec 1-Oct 2-Jan 1-Dec
5.40 1.60 13.30 2.60 5.40
4.60 3.60 20.50 2.40 0.80
2.20 1.30 16.00 27.10 2.20
0.70 1.90 15.60 1.80 3.50
12.90 8.40 65.40 33.90 11.90
79.00 72.10 13.60 54.80 12.00
-- -- -- -- 68.10
2.00 4.30 21.00 10.30 2.80
6.10 15.20 -- 1.00 5.20
100.00 100.00 100.00 100.00 100.00
0.20 3.90 5.30 3.80 0.10
5.40 3.90 11.60 18.70 5.70
8.70 -- 10.40 8.60 8.70
-- -- 5.60 1.60 --
-- 5.20 10.00 -- 1.70
14.30 13.00 42.90 32.70 16.20
21.70 32.40 11.40 22.40 4.90
-- -- -- -- 63.30
4.00 -- -- 1.40 0.10
0.80 19.80 2.90 -- 12.70
40.80 65.20 57.20 56.50 97.20
-- 0.10 -- 1.40 --
9.60 1.50 -- -- --
23.20 8.70 0.70 2.30 2.20
64.00 30.40 42.10 39.80 1.70
(37.60) (5.90) -- -- (1.10)
59.20 34.80 42.80 42.10 2.80
100.00 100.00 100.00 100.00 100.00
0.08 0.07 0.01 0.03 (0.04)
1.19 0.57 1.36 2.72 0.47
0.10 0.04 0.01 0.08 (0.02)
1.87 2.90 2.36 2.43 21.20
0.18 0.12 0.03 0.20 (0.41)
0.27 0.48 0.21 0.35 0.96
0.90 0.65 1.52 1.03 0.73
28.80 21.10 5.20 7.80 18.80
14.00 29.00 61.00 3.00 10.00
0.07 0.02 (0.08) 0.14 (0.07)
0.36 -- 0.24 0.21 0.02
0.14 0.67 1.52 0.19 (0.35)
0.36 0.12 0.14 0.22 0.08
 1.58 1.94 6.28 1.54 (4.17)
Fast Food Chain Electric Utilities Computer & Office Discount Retail Store Automobile

Inventory
Turnover
 9 10 11 12 13
1-Apr 1-Dec 1-Dec 1-Dec 2-Feb
7.90 25.30 7.50 60.90 0.20
40.90 0.80 11.90 -- 8.00
-- 0.80 8.10 8.80 18.00
6.30 1.10 2.00 4.20 1.30
55.10 28.00 29.50 73.90 27.50
7.00 71.60 29.80 16.50 37.90
-- -- -- -- --
32.10 -- 32.90 6.60 27.50
5.80 0.40 7.80 3.00 7.10
100.00 100.00 100.00 100.00 100.00
-- 5.70 9.20 0.90 6.60
25.70 5.60 11.60 27.20 17.40
14.10 11.10 -- 18.60 2.50
7.20 -- 3.60 -- --
1.30 2.50 1.80 9.60 2.70
48.30 24.90 26.20 56.30 29.20
21.10 14.70 10.90 131.60 32.20
-- -- --- -- --
-- 11.80 15.40 -- 1.40
2.20 4.00 -- -- 4.30
71.60 55.40 52.50 187.90 67.10
-- -- 11.00 -- --
-- -- -- -- --
10.20 9.10 15.80 89.50 4.70
34.10 35.90 71.60 177.40 34.00
(15.90) (0.40) (50.90) -- (5.80)
28.40 44.60 36.50 (87.90) 32.90
100.00 100.00 100.00 100.00 100.00
0.09 0.09 0.15 (0.18) 0.01
0.61 0.71 1.13 1.66 3.43
0.06 0.07 0.17 (0.30) 0.03
4.11 2.10 2.72 N/A 3.28
0.23 0.14 0.47 N/A 0.11
0.43 0.25 0.23 N/A 0.50
1.14 1.12 1.13 1.31 0.94
-- -- 8.80 14.60 15.30
196.00 7.00 40.00 N/A 9.00
0.22 (0.02) 0.18 0.13 (0.10)
-- -- 0.39 0.26 0.12
0.38 0.03 0.43 - 35.90
0.10 0.30 0.39 (0.04) 0.20
 1.05 2.91 1.25 N/A 3.82
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