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I am not sure about both of these two questions. Please help Use the following financial statements to answer questions 1 through 9 about Firm
I am not sure about both of these two questions. Please help
Use the following financial statements to answer questions 1 through 9 about Firm A: Balance Sheet 2015 $2.815.000 $1,890,000 $358,672 Cash Accounts Receivable Inventories Total Current Assets Gross Fixed Assets Less Accumulated Depreciation Net Fixed Assets Total Assets $566,328 $23.800 Income Statement 2015 $56,700 Sales $351,200 Cost of goods sold $745.200 General administrative & Selling Expenses $1,153,100 EBITDA $491,000 Depreciation & Amortization $146,200 EBIT $352,600 Interest Expense $1,505,700 EBT Taxes $378,200 Net Income $136.000 $514,200 Per-Share Information $323,432 EPS $460.000 DPS $208,068 Book value per share $1,505,700 Stock price $542,528 S43.828 $498,700 558,640 $440,060 Accounts and notes payable Accruals Total Current Liabilities Long term debt Common stock Retained eaming Total Liabilities and Equity $6.24 $0.22 $6.52 $17.90 The current ratio of Firm A for 2015 is: 2.24 0 2.97 02.09 1.88 Question 2 Use the following financial statements to answer questions 1 through 9 about Firm A: Balance Sheet Cash Accounts Receivable 2015 $2,815,000 $1,890,000 $358,672 $566,328 $23,800 Inventories Total Current Assets Gross Fixed Assets Less Accumulated Depreciation Net Fixed Assets Total Assets $542,528 Income Statement 2015 $56,700 Sales $351,200 Cost of goods sold General administrative & Selling $745,200 Expenses $1,153,100 EBITDA $491,000 Depreciation & Amortization $146,200 EBIT $352,600 Interest Expense $1,505,700 EBT Taxes $378,200 Net Income $136,000 $514,200 Per -Share Information $323,432 EPS $460,000 DPS $208,068 Book value per share $1,505,700 Stock price S43,828 $498,700 S58,640 $440,060 Accounts and notes payable Accruals Total Current Liabilities Long term debt Common stock Retained earings Total Liabilities and Equity $6.24 $0.22 $6.52 $17.90 The quick ratio of Firm A for 2015 is: 0.79 0.94 1.10 O 1.45Step by Step Solution
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