Question
Calculate the following financial ratios using the provided information: Working Capital Current Ratio Quick Ratio Inventory Turnover Days in Sales Outstanding Net Profit Margin Total
Calculate the following financial ratios using the provided information:
Working Capital
Current Ratio
Quick Ratio
Inventory Turnover
Days in Sales Outstanding
Net Profit Margin
Total Asset Turnover
ROI
ROE
Debt Ratio
Debt to Equity Ratio
Times interest Earned
Barry Computer Company: | ||||||
Balance Sheet as of December 31, 2016 (in Thousands) | ||||||
Cash | $ 77,500 | Accounts Payable | $ 129,000 | |||
Receivables | 336,000 | Other Current Liabilities | 117,000 | |||
Inventories | 241,500 | Notes Payable to Bank | 84,000 | |||
Total Current Assets | $ 655,000 | Total Current Liabilities | $ 330,000 | |||
Long-term Debt | 256,500 | |||||
Net Fixed Assets | 292,500 | Common Equiy | 361,000 | |||
Total Assets | $ 947,500 | Total Liabilities and Equity | $ 947,500 | |||
Barry Computer Company: Income Statement for Year Ended | |||
December 31, 2016 (in Thousands) | |||
Sales | $ 1,607,500 | ||
Cost of Goods Sold | |||
Materials | 717,000 | ||
Labor | 453,000 | ||
Heat, Light, and Power | 68,000 | ||
Indirect Labor | 113,000 | ||
Depreciation | 41,500 | 1,392,500 | |
Gross Profit | $ 215,000 | ||
Selling Expenses | 115,000 | ||
General and Administrative Expenses | 30,000 | ||
Earnings Before Interest and Taxes (EBIT) | $ 70,000 | ||
Interest Expense | 24,500 | ||
Earnings Before Taxes (EBT) | $ 45,500 | ||
Federal and State Income Taxes (40%) | 18,200 | ||
Net Income | $ 27,300 | ||
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