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1) Landtrust has $600,000 in assets and $375,000 of total debt. It reports the net income from projects is $200,000 a) What is its ROA

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1) Landtrust has $600,000 in assets and $375,000 of total debt. It reports the net income from projects is $200,000 a) What is its ROA b) What is the return on shareholder's equity c) If the business has an asset turnover ratio of 2.25 times, what is the profit margin? 2) please calculate all the ration mentioned in the lecture for following company MGC Corp's Balance Sheet 31-Dec-19 Cash 50,000 Notes Payable 105,000 Marketable Securities 75,000 long term Investment 235,000 Accounts Receivable 21,000 210,000 Accumulated Depreciation-Plant and equipment Inventory 350,000 Accounts Payable 185,000 Plant and equipment 730,000 Shareholder's Capital (common share and preferred shar 370,000 Long-term loan payable---10 years 250,000 Retained Earnings 341,000 Required: 1) re-arrange the accounts following the right balance sheet format 2) Calculate the 10 ratios based on the lecture formulas Income Statement Project Revenue COGS Gross Profit Operating exp Admin & Selling Exp Net profit before Interest and tax Interest Expense Earning before tax Taxes Earning after tax 43,830 735,000 311,000 424,000 325,751 98,249 12,362 85,887 15,315 70,572

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