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EFG Ltd.'s financial statements for the fiscal year ended March 31, 2023, are summarized below. Balance Sheet as of March 31, 2023 Cash: $300,000 Marketable
EFG Ltd.'s financial statements for the fiscal year ended March 31, 2023, are summarized below.
Balance Sheet as of March 31, 2023
- Cash: $300,000
- Marketable Securities: $200,000
- Accounts Receivable: $400,000
- Inventory: $500,000
- Prepaid Expenses: $100,000
- Property, Plant, and Equipment (Net): $1,900,000
- Total Assets: $3,400,000
Liabilities and Equity
- Accounts Payable: $350,000
- Notes Payable: $250,000
- Long-term Debt: $1,000,000
- Common Stock: $1,200,000
- Retained Earnings: $600,000
- Total Liabilities and Equity: $3,400,000
Income Statement for the year ended March 31, 2023
- Revenue: $3,500,000
- Cost of Goods Sold: $2,100,000
- Operating Expenses: $900,000
- Interest Expense: $70,000
- Taxes (25%): $107,500
- Net Profit: $322,500
Using the provided financial data, analyze the financial health of EFG Ltd. considering (i) liquidity ratios, (ii) leverage ratios, (iii) profitability ratios, and (iv) efficiency ratios.
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