BALANCE SHEET Cash Accts. Receivable Inventories $1,000.0 Accounts payable $1,000.0 Notes payable 2,000.0 3,000.0 1,000.0 Accruals 500.0 Total current assets $5,000.0 Total current liabilities $3,500.0 Long-term bonds 5,000.0 Total debt $8,500.0 Common stock (5,000 shares) 500.0 Retained earnings 11,000.0 Net plant & equip. 15,000.0 Total common equity $11,500.0 Total assets $20,000.0 Total liabilities & equity $20,000.0 INCOME STATEMENT Net sales Operating costs $ 10,000.0 6,000.0 (Cost of Goods Sold) EBIT $ 4,000.0 Less: Interest 600.0 EBT $3,400.0 Less: Taxes 1,000.0 Net income $ 2,400.0 Calculate the following financial ratio for this company: Cash Ratio OA 1.43 8.0.20 012 D.0.29 E 1.14 F. 0.05 Da E K 35 E 2 BALANCE SHEET Cash $1,000.0 Accounts payable Accts. Receivable Notes payable $1,000.0 2,000.0 3,000.0 Inventories 1,000.0 Accruals 500.0 Total current assets $5,000.0 Total current liabilities $3,500.0 Long-term bonds 5,000.0 Total debt $8,500.0 Common stock (5,000 shares) 500.0 Retained eamings 11,000.0 Net plant & equip. 15,000.0 Total common equity $11,500.0 Total assets $20,000.0 Total liabilities & equity $20,000.0 INCOME STATEMENT Net sales Operating costs (Cost of Goods Sold) EBIT $ 10.000.0 6,000.0 $ 4,000.0 Less: Interest 600.0 EBT $3,400.0 AC Less: Taxes 1,000.0 Net income $ 2,400.0 glis Calculate the following financial ratio for this company: Current Ratio A. 5.71 8.1.00 OC. 1.43 D.0.59 E. 5.00 F.2.35 BALANCE SHEET Cash $1,000.0 Accounts payable $1,000.0 Accts. Receivable Notes payable 2,000.0 3,000.0 Inventories 1,000.0 Accruals 500.0 Total current assets $5,000.0 Total current liabilities $3,500.0 Long-term bonds 5,000.0 Total debt $8,500.0 Common stock (5,000 shares) 500.0 Retained earnings 11,000.0 Net plant & equip. 15,000.0 Total common equity $11,500.0 Total assets $20,000.0 Total liabilities & equity $20,000.0 INCOME STATEMENT Net sales Operating costs $ 10,000.0 6,000.0 (Cost of Goods Sold) EBIT $ 4,000.0 Less: Interest EBT 600.0 $3,400.0 Less: Taxes 1,000.0 Net income $ 2,400.0 Calculate the following financial ratio for this company: Accounts Payable Turnover using 365 days per year A 0.17 8.5.22 C2.40 D.4.00 OE 6.00 OF. 6.30 BALANCE SHEET Cash $1,000.0 Accounts payable $1,000.0 Accts. Receivable Notes payable 2,000.0 3,000.0 Inventories 1,000.0 Accruals 500.0 Total current assets $5,000.0 Total current liabilities $3,500.0 Long-term bonds 5,000.0 Total debt $8,500.0 Common stock (5,000 shares) 500.0 Retained earnings 11,000.0 Net plant & equip. 15,000.0 Total common equity $11,500.0 Total assets $20,000.0 Total liabilities & equity $20,000.0 INCOME STATEMENT Net sales Operating costs (Cost of Goods Sold) EBIT $ 10,000.0 6,000.0 $ 4,000.0 Less: Interest 600.0 EBT $3,400.0 Less: Taxes 1,000.0 Net income $ 2,400.0 During the year, the company paid $1,000.0 in dividends to its common stockholders. Calculate the following for this company: Dividend Payout Ratio A 10.0% OB.41.7% OC.25.0% D.29.4% E. 5.0% OF. 240.0%