Question
Calculate the following financial ratios: Working Capital Current Ratio Quick Ratio Inventory Turnover Days in Sales Outstanding Net Profit Margin Total Asset Turnover ROI ROE
Calculate the following financial ratios:
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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