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explain properly with calculations? Part IV - 2 marks each - 16 Marks Alberta Inc. has the following data 1. cash - $nil; 2. accounts

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explain properly with calculations?

Part IV - 2 marks each - 16 Marks Alberta Inc. has the following data 1. cash - $nil; 2. accounts receivables - $30,000; 3. inventory - $70,000. 4. Long term assets of $400,000 5. Current liabilities are $50,000. 6. sales of $1,000,000 7. operating profit of $50,000 8. interest expense of $12,500 9. tax expense of $7,500 10. total equity of $200,000 11. total debt of $300,000 12. Dividends paid - $10,000 13. Number of common shares - 1,000 14. Share price - $150 Calculate the following: 1. Quick ratio 2. Return on sales 3. Return on assets 4. Interest coverage ratio 5. Receivables turnover 6. Inventory holding period 7. Earnings per share 8. Dividend coverage ratio Part IV - Answers

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