Question
Balance sheet: Current assets: 2016/ 2015 Cash: 150/50 Accounts Receivable: 150/200 Inventory: 500/ 400 Total 800/650 Fixed Assets: Plant and equipment: 3800/3500 Accumulated depreciation: (1300)/(1000)
Balance sheet:
Current assets:
2016/ 2015
Cash: 150/50
Accounts Receivable: 150/200
Inventory: 500/ 400
Total 800/650
Fixed Assets:
Plant and equipment: 3800/3500
Accumulated depreciation: (1300)/(1000)
Net Plant and Equipment: 2500/2500
Total Assets: 3300/3150
Current liabilities:
Accounts Payable: 400/350
Total Current Liabilites: 1300/1450
Long term debt: 900/1100
Total liabilities: 1300/1450
Owners Equity:
Common Stock and paid in surplus: 600/500
Retained Earnings: 1400/1200
Total O/E: 2000/1700
Total Liabilities and O/E: 3300/3150
Income Statement:
Sales: 1800
Costs of Goods sold: 900
Depreciation: 300
General and administrative expense: 200
EBIT: 400
Interest Expense: 50
Taxable Income: 350
Income Tax Expense: 100
Net Income: 250
Dividends Paid: 50
Additions to returned earnings: 200
| Ratio | Formula | Value |
| Current ratio | ||
| Accounts Recievable turnover | ||
| Days Sales in Inventory | ||
| Debt Equity Ratio | ||
| Equity Multiplier | ||
| Return on Equity | ||
| Return on assets |
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How To Get Money For College Financing Your Future Beyond Federal Aid
Authors: Mark D. Snider
1st Edition
0768928869, 978-0768928860
