XEROX CORPORATION

CURRENT ASSET 2010 2014 CURRENT LIABLITIES 2010 2014

CASH P1179 P5868 ACCOUNTS PAYABLE P1907 P6099

ACCOUNTS RECEIVABLE P5536 P35400 NOTES PAYABLE, BANK P3500 P4600

INVENTORIES P5966 P22860 ACCRUED LIABILITIES P3574 P42531

OTHER CURRENT ASSET P1276 P21809 OTHER CURRENT LIABILTIES P2117 P7780

TOTAL P14557 P85937 TOTAL P11098 P61010

WORKING CAPITAL (2010) = CURRENT ASSET-CURRENT LIABILITIES

= P14, 557-P11, 098

= P3, 459

WORKING CAPITAL (2014) = CURRENT ASSET-CURRENT LIABILITIES

= P85, 937-P61, 010

=P24, 927

CURRENT RATIO (2010) = P14, 557 CURRENT RATIO (2014) = P85, 937

÷ P11, 098 ÷ P61, 010

131.167% 140.857%

QUICK ASSET 2010 2014 CURRENT LIABLITIES 2010 2014

CASH P1179 P5868 ACCOUNTS PAYABLE P1907 P6099

ACCOUNTS RECEIVABLE P5536 P35400 NOTES PAYABLE, BANK P3500 P4600

TOTAL P6715 P41268 ACCRUED LIABILITIES P3574 P42531

OTHER CURRENT LIABILTIES P2117 P7780

TOTAL P11098 P61010

QUICK RATIO (2010) = P6, 715 QUICK RATIO (2014) = P41, 268

÷ P11, 098 ÷ P61, 010

60.506% 67.641%
CURRENT ASSET 2010 2014 TOTAL ASSET 2010 2014

CASH P1179 P5868 CURRENT ASSET P14557 P85937

ACCOUNTS RECEIVABLE P5536 P35400 INVESTMENT P1376 P25556

INVENTORIES P5966 P22860 NET PPE P29279 P170050

OTHER CURRENT ASSET P1276 P21809 INTANGIBLE ASSET P10643 P36346

OTHER CURRENT ASSET P1276 P21809 OTHER ASSET P572 P2658

TOTAL P14557 P85937 TOTAL P56427 P320547

CURRENT ASSET TO TOTAL ASSET RATIO (2010) CURRENT ASSET TO TOTAL ASSET RATIO (2014)

= P14, 557 =P85, 937

÷ P56, 427 ÷ P320547

25.797% 26.809%

AVERAGE RECEIVABLES = P5536

+ P35, 400

P40936/2 = P20, 468

RECEIVABLE TURNOVER (2010) = P37, 074 RECEIVABLE TURNOVER (2014) = P268, 027

÷ P20, 468 ÷ P20, 468

1.811 TIMES 13.094 TIMES

AVERAGE COLLECTION PERIOD (2010) = 360 DAYS AVERAGE COLLECTION PERIOD (2014) = 360 DAYS

÷ 1.811 ÷ 13.094

198.785 DAYS 27.493 DAYS

INVENTORY TURNOVER (2010) = P37, 074 INVENTORY TURNOVER = P268, 027

÷ P5, 966 ÷ P22, 860

6.214 TIMES 11.724 TIMES

AVERAGE WORKING CAPITAL = P3, 459

+ P24, 927

P28, 386/2 = P14, 193

WORKING CAPITAL TURNOVER (2010) =P 37, 074 WORKING CAPITAL TURNOVER (2014) =P 268, 027

÷ P 14, 193 ÷ P 14, 193

2.612 TIMES 18.884 TIMES

AVERAGE PAYABLE = P1, 907

+ P6, 099

P8, 006/2 = P4, 003

AVERAGE TOTAL ASSET = P56, 427

+ P320, 547

P376, 974/2 = P188, 487

ASSET TURNOVER (2010) = P37, 074 ASSET TURNOVER (2014) = P268, 027

÷ P188, 487 ÷ P188, 487

.196 TIMES 1.421 TIMES

AVERAGE PPE (NET) = P29, 279

+ P170, 050

P199, 329/2 = P99, 664.50

PPE TURNOVER (2010) = P37, 074 PPE TURNOVER (2014) = P268, 027

+ P99, 664.50 + P 99, 664.50

.371 TIMES 2.689 TIMES

TOTAL LIABILITIES 2010 2014 TOTAL ONWERS EQUITY 2010 2014

CURRENT LIABILITIES P11098 P61010 PREFERRES STOCK P1880 -

DEFERRED INCOME TAX - P5712 COMMON STOCK - P20519

LONG-TERM DEBT P4666 P102514 PAID-IN SURPLUS P13218 P34774

DUE FOR PATENTS PROCESS P11018 P22435 EARNED PLUS P8569 P71975

EXECUTIVE COMPENSATION P949 P1608 TOTAL P28343 P127268

RENTAL INCOME-PREPAID P353 -

TOTAL P28084 P193279

DEBT TO EQUITY RATIO {2010} = P28, 084 DEBT TO EQUITY RATIO (2014) = P193, 279

÷P28, 343 ÷ P127, 268

99.086% 151.867%
EQUITY TO DEBT RATIO (2010) = P28, 343 EQUITY TO DEBT RATIO (2014) = P127, 268

÷ P28, 084 ÷P 193, 279

100.922% 65.846%

TOTAL ONWERS EQUITY 2010 2014 TOTAL ASSET 2010 2014

PREFERRES STOCK P1880 - CURRENT ASSET P14557 P85937

COMMON STOCK - P20519 INVESTMENT P1376 P25556

PAID-IN SURPLUS P13218 P34774 NET PPE P29279 P170050

EARNED PLUS P8569 P71975 INTANGIBLE ASSET P10643 P36346

TOTAL P28343 P127268 OTHER ASSET P572 P2658

TOTAL P56427 P320547

EQUITY RATIO (2010) = P28, 343 EQUITY RATIO (2014) = P127, 268

÷ P56, 427 ÷ P320, 547

50.229% 39.703%
Polaroid Company

Average Receivable = 26,222 + 37,557

2

=31,899

Receivable Turnover = 139,350

31,889.5

=4.369 times

Average Collection Period = 360

4.369

=82.398 days

Average Inventory = 13,980 + 13,177

2

= 13,578.5

Inventory Turnover = 65,235

13,578.5

= 4.804 times

Average Sale Period = 360

4.804

=74.937 days

Operating Cycle
(Trading Concern) = 82.398
+74.937
157.335 days

Average Total Asset = 70,504 + 123,104

2

=96,804

Asset Turnover = 139350

96804

= 1.439 times

Average Net PPE = 17,782 + 30,328

2

=24,055

PPE Turnover = 139, 350

24,055

= 5.792 times
Polaroid Company

Debt to Equity Ratio = 25,416

97,688

= 0.260:1

Equity to Debt Ratio = 97,688

25,416

= 3.843

Equity Ratio = 97,688

123,104

= 0.793

Debt Ratio = 25,416

123,104

= 0.206:1

Net PPE to Total Owner’s Equity = 30,328

97,688

= 0.310

PPE to Total Assets = 30,328

123,104

= 0.246:1
Polaroid Company

Net Profit Margin = 18,323

139,350

= 0.131:1

ROA = 18,323
96,804

= 0.189:1

Asset Turnover = 139,350

96,804

= 1.439 times

Gross Profit Ratio = 74,115

139,350

= 0.531:1

Net Sales 139,350

(Last of Good Sold) = (65,235)
Gross Profit 74,115

Rate of Return on Current Asset = 18,323

72,537.5

= 0.252:1

Average Current Asset = 52,445 + 92,630

2

= 72,537.5

Net Working Capital

2010 2014

52,445 92,630
(10,731)(11,204)
41,714 + 81,156
2
= 61,435

Rate of Return on Net Working Capital

= 18,323
61435

= 0.298:1
Average on Equity
= 52,684 + 97,688
2
= 75,186

ROR on Owners Equity

= 18,323
75,186
= 0.243:1

Polaroid Company 2010

Receivable Turnover = 26,222

31,899

= 0.822 times

Average Collection Period = 360 days

0.822

= 437.956 days

Inventory Turnover = 50,304

13,980

= 3.598 times

Average Sale Period = 360 days

3.598

= 100.005 days

Operating Cycle = 437.956 + 100.005

= 537.961

Asset Turnover = 99,446

96,804

= 1.027

Fixed Asset Turnover = 99,496

150,599

= 0.66

B.

Debt to Equity Ratio = 17,820

52,684
= 0.338
Equity to Debt Ratio = 52,684
17,820

= 2.956

Equity Ratio = 52,684

70,504

= 0.747

Debt Ratio = 17,820

70,504

= 0.252

PPE to Equity = 17,782

52,684

= 0.337

PPE to Total Asset = 17,782

70,504

= 0.252

C.

Net Profit Margin = 8,812

99,446

= 0.088

ROA = 8,812
96,804

= 0.091

Asset Turnover = 99,446

96,804

= 1.027

Operating Ratio = 49,142

99,446

= 0.494
ROR on Current Asset = 8,812
72,537.5

= 0.121

ROR on Net Working Capital = 8,812

61,435

= 0.143

ROR on Owners Equity = 8,812

75,186

= 0.117

Polaroid Company
2010

Asset Ratio = 52,445

10,731

= 4.887

Quick Ratio = 38,086

10,731

= 3.549

Current Asset to Total Asset = 52,445

70,504

= 0.743

Polaroid 2014

Current Ratio = 92,630

25,416

= 3.644:1

Quick Ratio = 78,619

25,416

= 3.093:1

Current Asset to Total Asset = 92,630

123,104

= 0.752:1
 Interpretation

The significance of the financial ratio of the two corporation

is that the results are promising to the eye of the investors because of
their passive assets the can finance their short term and also there long
term obligation which is good for the corporation and good standing.
Even though they had huge assets of the company the result was not
very good or we call it even because both corporation did purchase some
PPE and also had even liabilities towards the assets. The overall outlook
of the financial ratio is that they had good financial results and also by
making this such analysis both corporation is doing good to their
handling of their assets and also paying their debts.

Conclusion

By making these necessary financial analysis can make a

huge difference in investing and risking for investment by looking to
their comparative financial statement we can learn about the standing of
a corporation if are they doing good to their respective task and also by
the day to day operation basis, Big City Trust should just aim to
administer the completion of the “auto-drive” project instead of
purchasing it at its current developmental state.