Question
calculate the following based on the facts provided: a. Gross Margin Ratio: Net sales = $1,000,000.00 & Cost of Goods Sold = $200,000. b. Return
calculate the following based on the facts provided:
a. Gross Margin Ratio: Net sales = $1,000,000.00 & Cost of Goods Sold = $200,000.
b. Return on assets ratio (ROA): Net Income = $350,000 & Average Total Assets = $2,500,000
c. Return on Equity (ROE): Net Income = $350,000 & Shareholder's Equity = $5,000,000.
d. Customer Acquisition Cost (CAC): Sales/Marketing Costs = $450,000 & number of new customers 1,000.
e. Current Liquidity Ratio: Current Assets = $1,200,000 & Current Liabilities= $750,000
f. Quick Liquidity Ratio (aka Acid Test Ratio): Total Current Assets = $1,300,000, Inventory = $175,000 & Current Liabilities = $600,000.
g. Debt to Equity Ratio: Total Liabilities = $650,000 & Total Equity = $1,700,000.
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