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3
2005
2004
2003
2002
2001
4
Net Sales
2,150,600
1,765,206
1,478,443
1,260,657
1,095,133
5
Auto Loans Generated
801,734
588,430
449,962
395,864
350,953
6
Bad Debt Expense
11,071
9,087
4,805
4,097
3,559
7
Net Income
63,443
53,133
44,353
37,694
32,635
8
Number of Shares
50,000
9
EPS
1.27
1.06
0.89
0.75
0.65
10
EPS (analysts' consensus estimate)
1.30
1.04
0.86
0.71
0.61
11
Auto Loans Receivable (Gross)
1,097,143
805,523
509,997
440,180
388,504
12
Allowance for Uncollectible Accounts
3,536
3,620
3,655
3,729
3,776
13
Auto Loans Receivable (Net)
1,093,607
801,903
506,342
436,451
384,728
14
Inventories
236,610
185,325
153,712
132,405
114,428
15
Current Assets
1,369,241
1,279,172
987,948
852,287
742,148
16
Current Liabilities
711,098
596,285
450,065
395,100
329,112
17
Total Liabilities
1,089,342
951,216
724,495
630,279
534,807
18
Total Assets
1,512,974
1,419,725
1,097,720
940,714
822,781
19
Current Ratio
1.93
2.15
2.20
2.16
2.26
20
Total Liabilities/Total Assets
0.72
0.67
0.66
21
Return on Average Assets
4.33%
4.22%
4.35%
4.27%
4.15%
present a detailed analysis of the auto loans receivable and allowance for uncollectible accounts presented in
Exhibit 1. Specifically, include in your spreadsheet the following data for each year: auto loans receivable as a percentage of sales, year-to-year growth in sales, year-to-year growth in receivables, loans receivable turnover, days credit sales outstanding, bad debt expense as a percentage of receivables written off, and allowance for uncollectible accounts as a percentage of auto loans receivable.
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