Question
Calculate the following ratios using the provided financial data: Current Ratio Quick Ratio Debt-to-Equity Ratio Return on Assets (ROA) Return on Equity (ROE) Description Amount
Calculate the following ratios using the provided financial data:
- Current Ratio
- Quick Ratio
- Debt-to-Equity Ratio
- Return on Assets (ROA)
- Return on Equity (ROE)
Description | Amount |
Current Assets | $100,000 |
Current Liabilities | $50,000 |
Inventory | $20,000 |
Accounts Receivable | $30,000 |
Total Liabilities | $80,000 |
Total Equity | $120,000 |
Net Income | $50,000 |
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
