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Below are numbers from a balance sheet and income statement. Construct the financial ratios requested below. Sales 483002 Operating Costs 351501 Depreciation Expense 10000
Below are numbers from a balance sheet and income statement. Construct the financial ratios requested below. Sales 483002 Operating Costs 351501 Depreciation Expense 10000 Interest Expense 5000 Tax Expense 29408 Cash 1773 Receivables 38866 Inventories 57450 Fixed Assets, Net 50000 Payables 11000 Accrued Expenses 10000 Long-Term Loan 50000 Common Equity 77089 Assignment: Prepare an income statement and a balance sheet for this company using the information provided. Calculate: 1. Current ratio 2. Quick ratio 3. Return on equity 4. NWC-to-total-Assets (Working capital to assets) 5. Ratio of total debt and liabilities to total assets 6. Ratio of total debt and liabilities to shareholder's equity 7. Interest coverage 8. Net profit (As $) 9. Sales to total assets (Asset turnover) 10. Return on assets 11. Equity multiplier
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