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Below are FMT corporation financial statement. Compute for the following financial ratio. 1. current ratio 2. debt to equity ratio 3. return to asset 4.
Below are FMT corporation financial statement. Compute for the following financial ratio. 1. current ratio 2. debt to equity ratio 3. return to asset 4. return on equity 5. inventory turnover ratio LMMUTES AND THARIN DOS' LOUTY Current Liabilities 620,000 00 Trade and other payables 500 009:00 Pete's payable Total Current liabilities 1 120,000 00 1.250/000 00 20,000.04 Woncurrent liabilities Tool Cannot Auga 2.560,000.00 Bonds payable 2 000 060 00 Foncurrent Ancia Shareholders equity Equity capital (Common) 5,000,000,00 2.000 000.De Equity capital (Preferred] 500.000 00 300 000 00 Retained Earnings 850 000:00 Told noncurent trusts 5 540 090.00 Total Shareholders' equity 5.380,000 00 TOTAL ASSETS TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 9.500,000,00 EMT Corp Income statement Year Ended 2019 7,700,000.00 5,000,000.00 cant of goods sold 2,700,000.00 400.000.00 Total income 3.100,000.00 Distribution costs 950,000.00 Administrative expenses 800,000.00 Other expenses 100,000,00 Total 1,850,000.00 Income before tan Income tax 1,250,000.00 Net Income 250,000.00 1,000,000.00
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