Question
2015 2016 Assets Cash $45.00 $50.00 A/R $334.00 $294.00 Inventory $260.00 $161.00 Total $639.00 $505.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,639.00 $1,705.00 Liabilities
| 2015 | 2016 |
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Assets |
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Cash | $45.00 | $50.00 |
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A/R | $334.00 | $294.00 |
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Inventory | $260.00 | $161.00 |
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Total | $639.00 | $505.00 |
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Net Fixed Assets | $1,000.00 | $1,200.00 |
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Total Assets | $1,639.00 | $1,705.00 |
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Liabilities |
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Accounts Payable | $288.00 | $228.00 |
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Notes Payable | $150.00 | $125.00 |
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Total | $438.00 | $353.00 |
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Long-Term Debt | $500.00 | $750.00 |
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Common Stock | $400.00 | $400.00 |
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Retained Earnings | $301.00 | $202.00 |
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| $1,639.00 | $1,705.00 |
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| Answers | ||
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| What is the Current Ratio for 2016? |
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Sales |
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| What is the Quick Ratio for 2016? |
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Sales |
| $1,100.00 |
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| What is the Times Interest Earned (TIE) for 2016? |
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Cost of Goods Sold |
| $880.00 |
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| What is the Debt to Equity (D/E) ratio for 2015? |
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Depreciation |
| $200.00 |
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| What is the Debt to Equity (D/E) ratio for 2016? |
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EBIT |
| $20.00 |
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| What is the Profit Margin (PM) for 2016? |
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Interest |
| $40.00 |
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| What is the Total Asset Turnover (TAT) for 2016? |
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Taxes |
| $8.00 |
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| What is the Equity Multiplier (EM) for 2016? |
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Net Income |
| -$28.00 |
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| What is the Return on Equity (ROE) for 2016? |
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| What is the Return on Assets (ROA) for 2016? |
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