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Given the following information, calculate XYZs current ratio, quick ratio, inventory turnover, total asset turnover, equity multiplier, times interest earned, profit margin, return on equity
Given the following information, calculate XYZs current ratio, quick ratio, inventory turnover, total asset turnover, equity multiplier, times interest earned, profit margin, return on equity
XYZ Corp. Income Statement Balance Sheet AP $95,000 $19,000 NP Cash AR Inventory Total CA $30,000 $35,500 $76,000 $141,500 Total CL $114,000 Sales COGS Other expense Depreciation EBIT Interest Taxable income Tax (34%) Net Income $1,515,500 $1,200,000 $190,000 $75,500 $50,000 $20,000 $30,000 $10,200 $19,800 PPE $800,000 LTD $290,000 CS RE Total Equity $75,000 $462,500 $537,500 Dividends Add'n to RE $10,000 $9,800 Total Assets $941,500 Total L&SE $941,500Step by Step Solution
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