Question
Below is selected financial data on Peter Parker Insect Control Company. Net profit margin: 14.15% COGS $4,000,000 Addition to retained earnings: $435,400 Current ratio: 1.9
Below is selected financial data on Peter Parker Insect Control Company.
Net profit margin: 14.15%
COGS $4,000,000
Addition to retained earnings: $435,400
Current ratio: 1.9
Price-earnings ratio: 12
Current liabilities: $480,000
Fixed asset turnover: 1.6
Gross margin: 22%
Equity multiplier: 1.95
Common shares: 125,000
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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