Question
Financial Information: Net Income: $12,000,000 Depreciation Expense: $500,000 Increase in Accounts Receivable: $100,000 Decrease in Inventory: $200,000 Purchase of Equipment: $1,100,000 Questions: a) What is
Financial Information:
- Net Income: $12,000,000
- Depreciation Expense: $500,000
- Increase in Accounts Receivable: $100,000
- Decrease in Inventory: $200,000
- Purchase of Equipment: $1,100,000
Questions: a) What is the company's operating cash flow margin? b) Calculate the debt ratio. c) Determine the times interest earned ratio. d) What is the gross profit? e) Calculate the book value per share.
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
5th edition
73527076, 978-0077386214, 77386213, 978-0073527079
