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Income Statement Balance Sheet Sales $20,000,000 Assets: Cost of Goods Sold 8,000,000 Cash $5,000,000 12,000,000 Marketable Securities 12,500,000 Selling and Administrative 1,600,000 Accounts Receivable, net
Income Statement | Balance Sheet | |||
Sales | $20,000,000 | Assets: | ||
Cost of Goods Sold | 8,000,000 | Cash | $5,000,000 | |
12,000,000 | Marketable Securities | 12,500,000 | ||
Selling and Administrative | 1,600,000 | Accounts Receivable, net | 2,500,000 | |
Depreciation | 3,000,000 | Inventory | 30,000,000 | |
EBIT | 7,400,000 | Prepaid Expenses | 5,000,000 | |
Interest | 2,000,000 | Plant & Equipment | 30,000,000 | |
5,400,000 | ||||
Taxes (40%) | 2,160,000 | Total Assets | 85,000,000 | |
3,240,000 | ||||
Common Stock Div. | 600,000 | Liabilities and Equity: | ||
$2,640,000 | Accounts Payable | $20,000,000 | ||
Notes Payable | 5,000,000 | |||
Shares outstanding of common stock = 1,000,000 | Accrued Expenses | 5,000,000 | ||
Market price of common stock = $18 | Bonds Payable | 25,000,000 | ||
Common Stock | 5,000,000 | |||
Capital in Excess of Par | 10,000,000 | |||
Retained Earnings | 15,000,000 | |||
Please answer the following questions questions: 1. The Total Debt to Total Asset ratio is: 2. Return on Assets ratio is: 3. The Total Asset Turnover ratio is: 4. The Operating Profit Margin is: 5. The Average Collection Period (365 day year) is: 6. The Market to Book ratio is: 7. The Debt to Equity ratio is: 8. The Inventory Turnover ratio is: 9. The Return on Equity is: | Total Liabilities and Equity 85,000,000 |
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