HI Katrina,

I need to get these questions answered ASAP.

2014 2015

BALANCE SHEETS:

Assets:

Cash 120,000 160,000

Accounts Receivable 520,000 620,000

Inventory 305,000 290,000

Fixed Assets, net 410,000 510,000

Total Assets 1,355,000 1,580,000

Liabilities and Equity:

Accounts Payable 350,000 375,000

Long-term Debt 500,000 625,000

Common Stock 50,000 75,000

Retained Earnings 455,000 505,000

Total Liabilities and Equity 1,355,000 1,580,000

INCOME STATEMENT:

Revenue 3,500,000

Cost of Goods Sold 2,275,000

General and Administrative 515,000

Depreciation Expense 120,000

Earnings Before Interest and Taxes 590,000

Interest Expense 40,000

Pretax Net Income 550,000

Income Taxes 187,000

Net Income 363,000

What was Plylers Quick Ratio at the end of 2015?

Quick ratio = ($24,700 cash + $56,700 AR) / $134,700 AP = 0.60

1. What was Plylers Debt to Equity Ratio at the end of 2015? (Exclude AP from Debt)

1. What was Plylers Times Interest Earned Ratio in 2015?

1. Assuming that all Plylers sales are on credit, how many days, on average, did it take the firm to sell its inventory in 2015? (For balance sheet accounts, use the average of the beginning and end-of-year balances).

1. Assuming that all Plylers sales are on credit, what was the companys Days Sales Outstanding in 2015? (For balance sheet accounts, use the average of the beginning and end-of-year balances).

1. Starting with Net Income, show the calculation of Cash Flow from Operations for Plyler for 2015?

1. What was Plylers Equity Multiplier for 2015?

1. What was Plylers Return on Equity in 2015 (For balance sheet accounts, use the average of the beginning and end-of-year balances)?

1. If Plyler had 100,000 common shares outstanding during 2015 and its stock is currently worth $43.56 per share, what is the firms Price : Earnings (PE) ratio?

1. If Plyler projects 2016 sales to increase by 15% over 2015, its after-tax profit margin to remain the same, and anticipates a 30% dividend payout ratio, what are its projected retained earnings by the end of 2016?

1. Assuming that Plylers net working capital varies directly with sales, based on a 15% sales increase in 2016, what is the projected (or pro forma) accounts receivable balance at the end of 2016?

1. If Plyler projects that by the end of 2015, it was operating at 70% of capacity, what is its full level capacity of sales?

1. Stop and Shop Supermarkets has a 4.5% profit margin and a 15% dividend payout ratio. The total asset turnover is 1.6 and its debt-equity ratio is 0.6. What is its sustainable rate of growth?

1. Merrick Town Bagel has a 9% percent return on assets and a 75% percent retention ratio. What is its internal growth rate?