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Financial Data for Energy Power Co. as of December 31, 2018: Inventory $200,000 Long-term debt 300,000 Interest expense 15,000 Accumulated depreciation 440,000 Cash 260,000 Net
Financial Data for Energy Power Co. as of December 31, 2018:
Inventory | $200,000 |
Long-term debt | 300,000 |
Interest expense | 15,000 |
Accumulated depreciation | 440,000 |
Cash | 260,000 |
Net sales (all credit) | 1,500,000 |
Common stock | 800,000 |
Accounts receivable | 225,000 |
Operating expense (incl. depr. exp. and taxes) | 525,000 |
Notes payable-current | 180,000 |
Cost of goods sold | 940,000 |
Plant and equipment | 1,300,000 |
Accounts payable | 160,000 |
Marketable securities | 90,000 |
Accrued wages | 65,000 |
Retained earnings | 130,000 |
- From the information presented in Tables Above, calculate the following ratios for the Springfield Power Co.
- current ratio
- acid test ratio
- average collection period
- inventory turnover
- gross profit margin
- operating profit margin
- net profit margin
- total asset turnover
- times-interest-earned
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