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#5. The balance sheet and income statement shown below are for Paxton Inc. Note that the firm has no amortization charges, it does not lease
#5. The balance sheet and income statement shown below are for Paxton Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. (10 points) Balance Sheet Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment 2015 $ 1,554.0 9,660.00 13,440.0 $24,654.00 17,346.0 Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $ 7,980.0 5,880.00 4,620.0 $18.480.00 10.920.0 $29,400.00 3,360.00 9,240.0 $12,600.00 $42.000.00 Total assets $42.000.00 Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends Interest rate on notes payable & long-term bonds Federal plus state income tax rate Year-end stock price 2015 $58,800.0 $54,978.0 $ 1,029.0 $ 2,793.0 1,050.0 $ 1,743.0 $ 610.1 $ 1.133.0 175.00 $ 509.83 6.25% 35% $77.69 (1) What is the firm's current ratio? (2) What is the firm's quick ratio? (3) What is the firm's days sales outstanding? Assume a 360-day year for this calculation. (4) What is the firm's inventory turnover ratio? (5) What is the firm's TIE? (6) What is the firm's EBITDA coverage? (7) What is the firm's ROE? (8) What is the firm's BEP? (9) What is the firm's market-to-book ratio? (10) What is the firm's equity multiplier
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