Question
Evaluate the following data to calculate the required ratios and data. Calculate: Account Receivables _______________ Quick Ratio _______________ Total Assets Turnover _______________ Times Interest Earned
Evaluate the following data to calculate the required ratios and data.
Calculate:
Account Receivables _______________
Quick Ratio _______________
Total Assets Turnover _______________
Times Interest Earned _______________
Return on Equity _______________
Profit Margin _______________
Inventory Turnover _______________
Fixed Assets Turnover _______________
The industry ratios are, Quick Ratio = 2, Total Assets Turnover = 1.50, Inventory Turnover = 10, Fixed Assets Turnover = 1.75 TIE = 8, Return on Equity = 4% and Profit Margin =3%, Based on that information and the ratios calculated present an evaluation of the company activity and profitability
Credit sales are 90% of total sales Earnings Before Taxes Total Sales Common Stocks Average Collection Period Current Ratio Total Liabilities Long-term debt Cash & Marketable Securities Debt Ratio Eamings Before Interest and Taxes Tax Rate 160,000 3,000,000 1,200,000 32 1.5 1,400,000 800,000 260,000 40% 200,000 30%Step by Step Solution
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