Question
Below is selected financial data on Peter Parker Insect Control Company. Net profit margin: 8.6% COGS $3,700,000 Addition to retained earnings: $115,000 Current ratio: 2.5
Below is selected financial data on Peter Parker Insect Control Company.
Net profit margin: 8.6%
COGS $3,700,000
Addition to retained earnings: $115,000
Current ratio: 2.5
Price-earnings ratio: 15.2
Current liabilities: $400,000
Fixed asset turnover: 1.5
Gross margin: 26%
Equity multiplier: 1.75
Common shares: 650,000
Determine the following (show all calculations):
a. Fixed assets (2 points) - round to nearest $
b. Total assets (2 points) - round to nearest $
c. Total liabilities (2 points) - round to nearest $
d. Return on equity (2 points) - use 2 decimals
e. Share price (2 points) - use 2 decimals
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