Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Chosen company is Meta Inc. Calculate the following ratios for the most current fiscal year for your chosen company. Liquidity ratios: Working capital Current ratio
Chosen company is Meta Inc. Calculate the following ratios for the most current fiscal year for your chosen company. Liquidity ratios: Working capital Current ratio Acidtest quick ratio Efficiency ratios: Accounts Receivable turnover Inventory turnover BDays sales uncollected Days sales in inventory Total asset turnover Solvency & Profitability ratios: Debttoequity ratio Profit margin Return on total assets Market prospect ratios: Earnings per share Priceearnings ratio Dividend yield Notes: For earnings per share, I need to see your calculation. Do not pull the amount from the income statement. You should average your common shares outstanding for the current fiscal year and the previous fiscal year. If you do not have any preferred shares outstanding on your Balance Sheet, then your preferred dividends in your numerator is For priceearnings ratio, you must use the market price of the stock as of your Balance Sheet date, not the current date. You can find historical stock prices on the Yahoo Finance website. Put your stock symbol in the search field and then towards the middle of the page, you should see a link for Historical Data From there, you will look for the date that your Balance Sheet is for and use the closing price for that day.
Chosen company is Meta Inc.
Calculate the following ratios for the most current fiscal year for your chosen company.
Liquidity ratios:
Working capital
Current ratio
Acidtest quick ratio
Efficiency ratios:
Accounts Receivable turnover
Inventory turnover
BDays sales uncollected
Days sales in inventory
Total asset turnover
Solvency & Profitability ratios:
Debttoequity ratio
Profit margin
Return on total assets
Market prospect ratios:
Earnings per share
Priceearnings ratio
Dividend yield
Notes: For earnings per share, I need to see your calculation. Do not pull the amount from the income
statement. You should average your common shares outstanding for the current fiscal year and the
previous fiscal year. If you do not have any preferred shares outstanding on your Balance Sheet, then
your preferred dividends in your numerator is
For priceearnings ratio, you must use the market price of the stock as of your Balance Sheet date, not
the current date. You can find historical stock prices on the Yahoo Finance website. Put your stock
symbol in the search field and then towards the middle of the page, you should see a link for Historical
Data From there, you will look for the date that your Balance Sheet is for and use the closing price for
that day.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started