Current Assets ASSETS Cash and Cash equivalents Receivables Inventories Prepaid Expenses Total Current Assets Non Current...

    

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Current Assets ASSETS Cash and Cash equivalents Receivables Inventories Prepaid Expenses Total Current Assets Non Current Assets Property and Equipment (Net) Land Total Non-current Assets TOTAL ASSETS LIABILITIES AND CAPITAL Current Liabilities Accounts Payable Unearned Revenues Notes Payable-current Total Current Liabilities Non-Current Liabilities Notes Payable 20X2 Increase/Decrease 20X1 Amount Percent 106.789 102,375 327,611 277,467 334,863 297,654 4,414 50,144 37,209 101,565 114,813 (13.248) 870,828 792,309 78,519 105,754 136,481 (30,727) 37,500 37,500 0 143,254 173,981 (30,727) 1,014,082 966,290 47,792 238,000 208,703 29297 107,508 82,456 25,052 45,000 45,000 0 390,508 336,159 54,349 208,422 253,500 (45,078) 4.34 18.07 12.50 (11.54) 9.91 (18.46) 0 (17.66) 4.95 14.04 30.38 0 16.17 (17.78) Requirement: Calculate the following ratios for 20x2 1. Return on sales 2. Profit Margin before income tax 3. Total asset turnover 4. Profit margin after income tax 5. Return on equity 6. Return before interest on equity 7. Gross Profit I 8. Current ratio 9. Quick ratio 10. 11. 12. 13. 14. 15. Net sales to working capital Receivable turnover Inventory Turnover Debt Ratio Total liabilities to net worth Coverage Ratio Current Assets ASSETS Cash and Cash equivalents Receivables Inventories Prepaid Expenses Total Current Assets Non Current Assets Property and Equipment (Net) Land Total Non-current Assets TOTAL ASSETS LIABILITIES AND CAPITAL Current Liabilities Accounts Payable Unearned Revenues Notes Payable-current Total Current Liabilities Non-Current Liabilities Notes Payable 20X2 Increase/Decrease 20X1 Amount Percent 106.789 102,375 327,611 277,467 334,863 297,654 4,414 50,144 37,209 101,565 114,813 (13.248) 870,828 792,309 78,519 105,754 136,481 (30,727) 37,500 37,500 0 143,254 173,981 (30,727) 1,014,082 966,290 47,792 238,000 208,703 29297 107,508 82,456 25,052 45,000 45,000 0 390,508 336,159 54,349 208,422 253,500 (45,078) 4.34 18.07 12.50 (11.54) 9.91 (18.46) 0 (17.66) 4.95 14.04 30.38 0 16.17 (17.78) Requirement: Calculate the following ratios for 20x2 1. Return on sales 2. Profit Margin before income tax 3. Total asset turnover 4. Profit margin after income tax 5. Return on equity 6. Return before interest on equity 7. Gross Profit I 8. Current ratio 9. Quick ratio 10. 11. 12. 13. 14. 15. Net sales to working capital Receivable turnover Inventory Turnover Debt Ratio Total liabilities to net worth Coverage Ratio

Answer rating: 100% (QA)

Solution Here are the calculations for the 15 ratios requested 1 Return on Sales ROS ROS Gross Profi... View the full answer