Question
Below are some financial ratios of Sharp Ltd. for 20X8 and 20X9 along with industry standard ratios. 20X9 20X8 Industry Profit margin 12% 11% 10%
Below are some financial ratios of Sharp Ltd. for 20X8 and 20X9 along with industry standard ratios.
|
| 20X9 | 20X8 | Industry |
| Profit margin | 12% | 11% | 10% |
| Receivables turnover | 12.4X | 14.3X | 13.5X |
| Inventory turnover | 8.7X | 8.5X | 8.3X |
| Current ratio | 2.0 | 1.8 | 1.6 |
| Capital asset turnover | 14X | 13X | 8X |
| Times interest earned | 5X | 4X | 3X |
| Debt to total assets | 28% | 30% | 32% |
| Return on assets | 17% | 15% | 10% |
| Return on equity | 21% | 20% | 18% |
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Finance Applications And Theory
Authors: Marcia Millon Cornett, John R. Nofsinger, Troy Adair
3rd International Edition
1259252221, 9781259252228
