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Campsey Computer Company: Balance Sheet as of December 31 Cash $ 77,500 336,000 Receivables Inventories Total current assets Net fixed assets Accounts payable Notes payable
Campsey Computer Company: Balance Sheet as of December 31 Cash $ 77,500 336,000 Receivables Inventories Total current assets Net fixed assets Accounts payable Notes payable Accruals Total current liabilities Long-term debt Common equity Total liabilities and equity $79,000 84,000 117,000 $280,000 181,500 $595,000 292,500 186,500 421,000 $887,500 Total assets $887.500 Campsey Computer Company: Income Statement for Year Ended December 31 Sales $2,325,500 Cost of goods sold (1,210,000) Gross profit $ 1,115,500 Fixed operating expenses except depreciation ( 143,000) Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 972,500 Depreciation (141,500) Earnings before interest and taxes (EBIT) $ 831,000 Interest (244,500) Earnings before taxes (EBT) $ 586,500 Taxes (45%) (263,925) Net income $ 322.575 Campsey's number of shares outstanding= 500,000 shares Question 14 Refer to the following financial statements and fill in the blanks: Financial Statements 1.png a. What is the Earnings Per Share of Campsey? (5 points) (Do not round intermediate calculations. Round your answer to TWO decimal places. E.g., $0.6666 should be rounded to $0.67.) Answer = $ b. What is the Profit Margin of Campsey? (5 points) (Do not round intermediate calculations. Round your answer to TWO decimal places. E.g., 0.6666% should be rounded to 0.67%.) Answer = 96 c. Compute the Current Ratio of Campsey. (5 points) (Do not round intermediate calculations. Round your answer to TWO decimal places. E.g., 0.6666 should be rounded to 0.67.) Answer = d. Compute the Total Assets Turnover Ratio of Campsey. (5 points) (Do not round intermediate calculations. Round your answer to TWO decimal places. E.g., 0.6666 should be rounded to 0.67.) Answer e. Compute the ROE of Campsey. (5 points) (Do not round intermediate calculations. Round your answer to TWO decimal places. E.g., 0.6666% should be rounded to 0.6796.) Answer 96
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