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Considering the balance sheet and profit and loss statement of Penn Inc company, find the ratios in the year 2010? Please show your working. 1.
Considering the balance sheet and profit and loss statement of Penn Inc company, find the ratios in the year 2010? Please show your working.
1. Gross profit margin 2. Operating profit margin 3. Net profit margin 4. Interest coverage 5. Return on Asset
Profit and Loss Statement of Penn Inc Fiscal Year Ending 12/31/2010 1,025 682 343 Sales COGS Gross Profti Depreciation Operating Expense Admin Expense Perating Profit Interest Expense Profit Before Tax Tax Net Income 31 103 127 82 27 55 17 38 Balance Sheet of Penn Inc Fiscal Year Ending 12/31/2010 Assets Cash Accounts Receivables Inventory Total current asset Net fixed asset Liabilities 61 Notes payable 286 Accounts payable 354 Accruals 701 Total current liabilities 802 Long term debt Shareholders' equities Common stock (1.50 par) Paid in surplus Retained earnings 1503 Total liabilities and shareholder's equities 223 152 32 407 306 102 226 462 1503 Total assetsStep by Step Solution
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