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3. Use the following information to calculate the ratios below: Total Assets 600,000 Total Liabilities 200,000 Current Assets 160,000 Current Liabilities 80,000 Net Income 70,000
3. Use the following information to calculate the ratios below:
Total Assets 600,000 Total Liabilities 200,000
Current Assets 160,000 Current Liabilities 80,000
Net Income 70,000 Shares Outstanding 10,000
Accounts Receivable 75,000 Sales 400,000
Current Ratio ______________________ Equity Multiplier ____________________
Earnings Per Share _________________ Receivables Turnover _________________
Profit Margin ______________________
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