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Calculate the following asset management ratios Fixed-asset turnover Total asset turnover Calculate the following financial leverage management ratios: a. debt ratio b. Debt-to-equity ratio c.
Calculate the following asset management ratios
Fixed-asset turnover
Total asset turnover
Calculate the following financial leverage management ratios:
a. debt ratio
b. Debt-to-equity ratio
c. Times interest earned ratio
d. Fixed-charge coverage ratio
Ratios Calculation Balance Sheet ($000) Assets Liabilities and Equity Liquidity Current Quick 2.08 0.760 Cash $ Marketable securities $ Accounts receivable $ Inventory $ Total current assets $ Fixed assets (net) $ Total assets $ 1,500 2,500 15,000 33,000 52,000 35,000 87,000 Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock (par value) Contributed capital in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ $ $ $ $ $ $ $ $ $ 12,500 12,500 25,000 22,000 47,000 5,000 18,000 17,000 40,000 87,000 Asset Management Average collection period Inventory turnover Fixed-asset turnover Total asset turnover Income Statement ($000) Other Info Financial Leverage Debt Debt-to-equity Times interest earned Fixed charge coverage Stock Price Book value/share Number of shares $9.50 $8.00 5,000 in thousands Sales (all on credit) Cost of sales Gross margin Operating expenses* EBIT Interest EBT Income Tax EAT $ $ $ $ $ $ $ $ $ 130,000 103,000 27,000 16,000 11,000 3,000 8,000 3,000 5,000 Profitability Gross profit margin Net profit margin Return on investment Return on stockholders' equity Market-based Price-to earnings Market price-to-book * includes 200 in lease payments
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