Question
A company has the following information in its balance sheet: Current Assets: $100,000 Fixed Assets: $200,000 Current Liabilities: $50,000 Long-term Liabilities: $150,000 Calculate the company's
A company has the following information in its balance sheet:
- Current Assets: $100,000
- Fixed Assets: $200,000
- Current Liabilities: $50,000
- Long-term Liabilities: $150,000 Calculate the company's working capital and its debt-to-equity ratio.
Similarly the company has the following information in its income statement:
- Gross Profit: $500,000
- Operating Expenses: $300,000
- Interest Expense: $50,000
- Taxes: $100,000 Calculate the company's operating income, net income, and return on assets (ROA). (10 marks)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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