Question
2016 2015 Current Assets45,000Current Assets25,000 AR30,000AR40,000 Inventory15,000Inventory20,000 Total Assets120,000Total Assets105,000 Current Liabilities30,000Current Liabilities 25,000 Long Term Liabilities90,000Long Term Liabilities 70,000 Equity45,000Equity 5,000 Sales220,000Sales150,000 COGS90,000 COGS70,000
2016 2015
Current Assets45,000Current Assets25,000
AR30,000AR40,000
Inventory15,000Inventory20,000
Total Assets120,000Total Assets105,000
Current Liabilities30,000Current Liabilities 25,000
Long Term Liabilities90,000Long Term Liabilities 70,000
Equity45,000Equity 5,000
Sales220,000Sales150,000 COGS90,000 COGS70,000
Net Income20,000Net Income 10,000
Authorized shares5,000Authorized shares5,000
Outstanding shares2,500Outstanding shares2,000
a.What is the Current ratio for 2016?
b.What is the Inventory Turnover ratio for 2016?
c.What is the Debt to Asset ratio for 2016?
d.What is the Return on Equity ratio for 2016?
e.What is the EPS in 2016?
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
