1. calculates the ratios listed below based on the financial statement 2. Please make sure to include...
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Question:
1. calculates the ratios listed below based on the financial statement | |||
2. Please make sure to include the ratios listed HERE): | |||
a. Ratios: Current, Quick, Inventory Turnover, Average Collection Period, Fixed Assets Turnover, Total Asset Turnover, Debt Ratio, Debt to Equity, Times Interest Earned, Gross Profit Margin, Net Profit Margin, Return on Assets, Return on Equity | |||
Balance Sheet | |||
Assets | Liabilities and Owners Equity | ||
Current Assets | Current Liabilities | ||
Cash | $ 20,000.00 | ||
Accounts Receivable | 10,000.00 | Accounts Payable | $ 10,000.00 |
Inventory | 20,000.00 | Notes Payable | 10,000.00 |
Total Current Assets | 50,000.00 | Total Current Liabilities | $ 20,000.00 |
Long Term Debt | $ 20,000.00 | ||
Fixed Assets | |||
Net Fixed Assets | $ 85,000.00 | Owners Equity | |
Common Stock and paid-in surplus | $ 50,000.00 | ||
Retained Earnings | 45,000.00 | ||
Total Owners Equity | $ 95,000.00 | ||
Total Assets | $ 135,000.00 | Total Liabilities and Owners Equity | $ 135,000.00 |
Income Statement | |||
Revenue (all sales are credit) | $ 100,000.00 | ||
COGS | 45,000.00 | ||
Depreciation | 15,000.00 | ||
EBIT | 40,000.00 | ||
Interest expense | 5,000.00 | ||
EBT | 35,000.00 | ||
Taxes | 10,000.00 | ||
Net Income | $ 25,000.00 | ||
Number of shares outstanding | 100,000.00 | ||
EPS | $ 0.25 | ||
Posted Date: