Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where
Question:
Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate):
Short-term solvency ratios:
a. Current ratio ________________________________
b. Quick ratio ________________________________
c. Cash ratio ________________________________
Asset utilization ratios:
d. Total asset turnover ________________________________
e. Inventory turnover ________________________________
f. Receivables turnover ________________________________
Long-term solvency ratios:
g. Total debt ratio ________________________________
h. Debt–equity ratio ________________________________
i. Equity multiplier ________________________________
j. Times interest earned ratio ________________________________
k. Cash coverage ratio ________________________________
Profitability ratios:
l. Profit margin ________________________________
m. Return on assets ________________________________
n. Return on equity ________________________________
Some recent financial statements for Smolira Golf Corp. follow.
Step by Step Answer:
Fundamentals of Corporate Finance
ISBN: 978-0077861704
11th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan