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DEF Ltd. provides the following financial data: Total assets: $600,000 Total liabilities: $200,000 Common stock: $150,000 Retained earnings: $100,000 Net income: $80,000 Total revenues: $400,000

  • DEF Ltd. provides the following financial data:

    • Total assets: $600,000
    • Total liabilities: $200,000
    • Common stock: $150,000
    • Retained earnings: $100,000
    • Net income: $80,000
    • Total revenues: $400,000
    • Total expenses: $320,000

    Determine the following: a) Debt ratio b) Earnings per share c) Return on investment d) Asset turnover ratio

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