Complete the following ratio homework.
Ratios Companies RatioFormulaKohlsDollar GeneralRoss StoresULTA BeautyThe Gap Accounts Receivable TurnoverSales/Avg. AR Days Sales Outstanding (DSO)Avg. AR/(Sales/365) Inventory TurnoverCost of Goods Sold/Avg. Inventory Days Sales On-hand (DOH)Avg. Inventory/(CGS/365) Accounts Payable TurnoverCGS/Avg. AP Days Payable Outstanding (DPO)Avg. AP/(CGS/365) Cash Conversion CycleDSO+DOH-DPO Return on AssetsOperating Income/Avg. Assets Profitability for ROAOperating Income/Sales Asset TurnoverSales/Avg. Assets Return on EquityConsolidated Net Income/Avg. Equity Profitability for ROENI/Sales Asset TurnoverSales/Avg. Assets LeverageAvg. Assets/Avg. Equity Kohls Balance Sheet CONSOLIDATED BALANCE SHEETS - USD ($) $ in MillionsJan. 30, 2021Feb. 01, 2020 Current assets: Cash and cash equivalents$ 2,271$ 723 Merchandise inventories2,5903,537 Other974389 Total current assets5,8354,649 Property and equipment, net6,6897,352 Operating leases2,3982,391 Other assets415163 Total assets15,33714,555 Current liabilities: Accounts payable1,4761,206 Accrued liabilities1,2701,281 Current portion of: Finance lease and financing obligations115124 Operating leases161158 Total current liabilities3,0222,769 Long-term debt2,4511,856 Finance lease and financing obligations1,3871,367 Operating leases2,6252,619 Deferred income taxes302260 Other long-term liabilities354234 Shareholders’ equity: Common stock - 377 and 375 million shares issued44 Paid-in capital3,3193,272 Treasury stock, at cost, 219 and 219 million shares(11,595)(11,571) Retained earnings13,46813,745 Total shareholders’ equity5,1965,450 Total liabilities and shareholders’ equity$ 15,337$ 14,555  Kohls Income Statement CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions12 Months Ended Jan. 30, 2021Feb. 01, 2020Feb. 02, 2019 Total revenue$ 15,955$ 19,974$ 20,229 Cost of merchandise sold$ 10,360$ 12,140$ 12,199 Operating expenses: Selling, general, and administrative$ 5,021$ 5,705$ 5,601 Depreciation and amortization874917964 Impairments, store closing, and other costs89113104 (Gain) on sale of real estate(127) Operating (loss) income(262)1,0991,361 Interest expense, net284207256 (Gain) loss on extinguishment of debt(9)63 (Loss) income before income taxes(546)9011,042 (Benefit) provision for income taxes(383)210241 Net (loss) income$ (163)$ 691$ 801 Net (loss) income per share: Basic$ (1.06)$ 4.39$ 4.88 Diluted$ (1.06)$ 4.37$ 4.84 Dollar General Balance Sheet CONSOLIDATED BALANCE SHEETS - USD ($) $ in ThousandsJan. 29, 2021Jan. 31, 2020 Current assets: Cash and cash equivalents$ 1,376,577$ 240,320 Merchandise inventories5,247,4774,676,848 Income taxes receivable90,76076,537 Prepaid expenses and other current assets199,405184,163 Total current assets6,914,2195,177,868 Net property and equipment3,899,9973,278,359 Operating lease assets9,473,3308,796,183 Goodwill4,338,5894,338,589 Other intangible assets, net1,199,8701,200,006 Other assets, net36,61934,079 Total assets25,862,62422,825,084 Current liabilities: Current portion of operating lease liabilities1,074,079964,805 Accounts payable3,614,0892,860,682 Accrued expenses and other1,006,552709,156 Income taxes payable16,0638,362 Total current liabilities5,710,7834,543,005 Long-term obligations4,130,9752,911,993 Long-term operating lease liabilities8,385,3887,819,683 Deferred income taxes710,549675,227 Other liabilities263,691172,676 Commitments and contingencies Shareholders' equity: Preferred stock Common stock; $0.875 par value, 1,000,000 shares authorized, 240,785 and 251,936 shares issued and outstanding at January 29, 2021 and January 31, 2020, respectively210,687220,444 Additional paid-in capital3,446,6123,322,531 Retained earnings3,006,1023,162,660 Accumulated other comprehensive loss(2,163)(3,135) Total shareholders' equity6,661,2386,702,500 Total liabilities and shareholders' equity$ 25,862,624$ 22,825,084 Ross Stores Balance Sheet Consolidated Balance Sheets - USD ($) $ in ThousandsJan. 30, 2021Feb. 01, 2020 Current Assets Cash and cash equivalents$ 4,819,293$ 1,351,205 Accounts receivable115,067102,236 Merchandise inventory1,508,9821,832,339 Prepaid expenses and other249,149147,048 Total current assets6,692,4913,432,828 Property and Equipment Land and buildings1,187,0451,177,262 Fixtures and equipment3,243,2063,115,003 Leasehold improvements1,278,1341,219,736 Construction-in-progress376,076189,536 Property and equipment, gross6,084,4615,701,537 Less accumulated depreciation and amortization3,373,9653,048,101 Property and equipment, net2,710,4962,653,436 Operating lease assets3,084,8193,053,782 Other long-term assets230,061208,321 Total assets12,717,8679,348,367 Current Liabilities Accounts payable2,256,9281,296,482 Accrued expenses and other592,122462,111 Current operating lease liabilities598,120564,481 Accrued payroll and benefits400,273364,435 Income taxes payable54,68014,425 Current portion of long-term debt64,9100 Total current liabilities3,967,0332,701,934 Long-term debt2,448,175312,891 Non-current operating lease liabilities2,621,5942,610,528 Other long-term liabilities268,558214,086 Deferred income taxes121,867149,679 Commitments and contingencies Stockholders’ Equity Common stock, par value $.01 per share, Authorized 1,000,000,000 shares, issued and outstanding 356,503,000 and 356,775,000 shares, respectively3,5653,568 Additional paid-in capital1,579,8241,458,307 Treasury stock(478,550)(433,328) Retained earnings2,185,8012,330,702 Total stockholders’ equity3,290,6403,359,249 Total liabilities and stockholders’ equity$ 12,717,867$ 9,348,367 Ross Stores Income Statement Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands12 Months Ended Jan. 30, 2021Feb. 01, 2020Feb. 02, 2019 Income Statement [Abstract] Sales$ 12,531,565$ 16,039,073$ 14,983,541 Costs and Expenses Cost of goods sold9,838,57411,536,18710,726,277 Selling, general and administrative2,503,2812,356,7042,216,550 Interest expense (income), net83,413(18,106)(10,162) Total costs and expenses12,425,26813,874,78512,932,665 Earnings before taxes106,2972,164,2882,050,876 Provision for taxes on earnings20,915503,360463,419 Net earnings$ 85,382$ 1,660,928$ 1,587,457 Earnings per share Basic (in dollars per share)$ 0.24$ 4.63$ 4.30 Diluted (in dollars per share)$ 0.24$ 4.60$ 4.26 Weighted-average shares outstanding (000) Basic (in shares)352,392358,462369,533 Diluted (in shares)354,619361,182372,678 ULTA Balance Sheet Consolidated Balance Sheets - USD ($) $ in ThousandsJan. 30, 2021Feb. 01, 2020 Current assets: Cash and cash equivalents$ 1,046,051$ 392,325 Short-term investments110,000 Receivables, net193,109139,337 Merchandise inventories, net1,168,2151,293,701 Prepaid expenses and other current assets107,402103,567 Prepaid income taxes16,387 Total current assets2,514,7772,055,317 Property and equipment, net995,7951,205,524 Operating lease assets1,504,6141,537,565 Goodwill10,87010,870 Other intangible assets, net2,4653,391 Deferred compensation plan assets33,22327,849 Other long-term assets28,22523,356 Total assets5,089,9694,863,872 Current liabilities: Accounts payable477,052414,009 Accrued liabilities296,334246,088 Deferred revenue274,383237,535 Current operating lease liabilities253,415239,629 Accrued income taxes42,529 Total current liabilities1,343,7131,137,261 Non-current operating lease liabilities1,643,3861,698,718 Deferred income taxes65,35989,367 Other long-term liabilities37,96236,432 Total liabilities3,090,4202,961,778 Commitments and contingencies (Note 11) Stockholders' equity: Common stock, $0.01 par value, 400,000 shares authorized; 56,952 and 57,285 shares issued; 56,260 and 56,609 shares outstanding; at January 30, 2021 and February 1, 2020, respectively569573 Treasury stock-common, at cost(37,801)(34,448) Additional paid-in capital847,303807,492 Retained earnings1,189,4221,128,477 Accumulated other comprehensive income56 Total stockholders' equity1,999,5491,902,094 Total liabilities and stockholders' equity$ 5,089,969$ 4,863,872 Dollar General Income Statement CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands12 Months Ended Jan. 29, 2021Jan. 31, 2020Feb. 01, 2019 CONSOLIDATED STATEMENTS OF INCOME Net sales$ 33,746,839$ 27,753,973$ 25,625,043 Cost of goods sold23,027,97719,264,91217,821,173 Gross profit10,718,8628,489,0617,803,870 Selling, general and administrative expenses7,164,0976,186,7575,687,564 Operating profit3,554,7652,302,3042,116,306 Interest expense150,385100,57499,871 Other (income) expense1,019 Income before income taxes3,404,3802,201,7302,015,416 Income tax expense749,330489,175425,944 Net income$ 2,655,050$ 1,712,555$ 1,589,472 Earnings per share: Basic (in dollars per share)$ 10.70$ 6.68$ 5.99 Diluted (in dollars per share)$ 10.62$ 6.64$ 5.97 Weighted average shares outstanding: Basic (in shares)248,171256,553265,155 Diluted (in shares)250,076258,053266,105 Dividends per share$ 1.44$ 1.28$ 1.16 GAP Balance Sheet CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in MillionsJan. 30, 2021Feb. 01, 2020 Current assets: Cash and Cash Equivalents, at Carrying Value$ 1,988$ 1,364 Short-term Investments410290 Merchandise inventory2,4512,156 Other Assets, Current1,159706 Total current assets6,0084,516 Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment5,6085,839 Property and equipment, net of accumulated depreciation2,8413,122 Operating Lease, Right-of-Use Asset4,2175,402 Other long-term assets703639 Total assets13,76913,679 Current liabilities: Accounts payable1,7431,174 Accrued Liabilities, Current1,2761,067 Operating Lease, Liability, Current831920 Income taxes payable3448 Total current liabilities3,8843,209 Long-term liabilities: Long-term debt2,2161,249 Operating Lease, Liability, Noncurrent4,6175,508 Other long-term liabilities438397 Total long-term liabilities7,2717,154 Stockholders' equity: Common stock $0.05 par value, Authorized 2,300 shares for all periods presented; Issued and Outstanding 371 and 378 shares1919 Additional Paid in Capital850 Retained earnings2,5013,257 Accumulated other comprehensive income940 Total stockholders' equity2,6143,316 Total liabilities and stockholders' equity$ 13,769$ 13,679 Common stock, par value (in dollars per share)$ 0.05$ 0.05 Common stock, shares outstanding (in shares)374,000371,000 Common stock, shares issued (in shares)374,000371,000 Common stock, shares authorized (in shares)2,300,0002,300,000 GAP Income Statement CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions12 Months Ended Jan. 30, 2021Feb. 01, 2020Feb. 02, 2019 Revenues$ 13,800,000,000$ 16,383,000,000$ 16,580,000,000 Cost of goods sold and occupancy expenses9,095,000,00010,250,000,00010,258,000,000 Gross profit4,705,000,0006,133,000,0006,322,000,000 Operating expenses5,567,000,0005,559,000,0004,960,000,000 Operating income (loss)(862,000,000)574,000,0001,362,000,000 Gain (Loss) on Extinguishment of Debt58,000,00000 Interest expense192,000,00076,000,00073,000,000 Interest income(10,000,000)(30,000,000)(33,000,000) Income (loss) before income taxes(1,102,000,000)528,000,0001,322,000,000 Income taxes(437,000,000)177,000,000319,000,000 Net income (loss)$ (665,000,000)$ 351,000,000$ 1,003,000,000 Weighted-average number of shares—basic (in shares)374376385 Weighted-average number of shares - diluted (in shares)374378388 Earnings per share - basic (in dollars per share)$ (1.78)$ 0.93$ 2.61 Earnings per share - diluted (in dollars per share)$ (1.78)$ 0.93$ 2.59