Answered step by step
Verified Expert Solution
Question
1 Approved Answer
d) What is its price earnings ratio (P/E)? year ona Question 2 (30 marks) Assume the following data for Interactive Technology and Silicon Softwear Net
d) What is its price earnings ratio (P/E)? year ona Question 2 (30 marks) Assume the following data for Interactive Technology and Silicon Softwear Net Income Total Sales (80% are on account) Average A/R Balance Total debt Shareholders' equity Interactive Silicon Softwear Technology (IT) (SS) 29,000 $ 196,000 $ 1,021,000 22,000 $ 259,000 64,000 $ 295,000 101,000 $ 185.000 56,000 Required a) Calculate the following ratios for each company: Receivables Turnover Return on shareholders' equity Debt to total assets b) For each of the ratios above, indicate which company has the better result
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