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Mini-Case Financial Statement and Cash Flow Analysis You have been hired as a financial analyst...

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Mini-Case Financial Statement and Cash Flow Analysis You have been hired as a financial analyst by First Citizens Your assignment calls for you to calculate certain finan- Bank. One of your first job assignments is to analyze the cial ratios and to compare these calculated ratios with the present financial condition of Bradley Stores, Incorporated. industry average ratios that are provided. You are also told You are provided with the following 2012 balance sheet and to base your analysis on five categories of ratios: (a) liquid- income statement information for Bradley Stores. In addi- ity ratios, (b) activity ratios, (c) debt ratios, (d) profitability tion, you are told that Bradley Stores has 10,000,000 shares ratios, and (e) market ratios of common stock outstanding, currently trading at $9 per share, and has made annual purchases of $210,000,000. OS. Continued

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