Answered step by step
Verified Expert Solution
Question
1 Approved Answer
10:54 dh Case 2 Instructions accepied. For the assignmem que une, you can serCE TO MOGGIC. This assignment will make up 10 percent of
10:54 dh Case 2 Instructions accepied. For the assignmem que une, you can serCE TO MOGGIC. This assignment will make up 10 percent of your overall mark so it is advised that you should not miss this assignment. Please type the assignment no handwritten assignments will not accepted. REQUIRED TASK Flybee Air constructs aircraft to order. The company can manufacture an airplane in only five weeks using prefabricated parts. On each order, the company receives a deposit and another partial payment before the order is completed. On the other hand, a commercial airplane may take one and a half to two years to manufacture after an order is placed. The financial statement information for the current year is listed below: Accounts Payables Accounts Receivables Kash COGS Common Stock Depreciation Dividends Interest Jovestory Long-term debe NAPPA Notes Payable Other Expos Retained Earnings Sales s Is Is S S 15 1099,168 2.228.356 530.037 21,758.220 210,000 952,300 297,660 528,170 1.798,302 5,570,000 17,882,36 2,100,173 3,483,370 1.319.722 29.151.760 Assuming that this company does use a 35 percent tax rate. Please calculate the following ratios below. 1) Current ratio Quick ratio 2) 3) Cash ratio 4) Total asset turnover Done 5) Inventory turnover 6) Receivables turnover 7) Total debt ratio 8) Debt-equity ratio 9) Equity multiplier 10) Times interest earned 11) Cash coverage ratio 12) Profit margin 13) Return on assets 14) Return on equity 15) Retention ratio 16) Internal growth rate 17) Sustainable growth rate +
Step by Step Solution
★★★★★
3.40 Rating (159 Votes )
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started