Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines 12,000 2,000 3,000 32,000 49,000 34,000

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines 12,000 2,000 3,000 32,000 49,000 34,000 80,000 114,000 163,000 Real estate Net fixed assets Total assets Liabilities and Equity Accounts payable Notes payable Current liabilities Long-term debt Total liabilities Paid-in capital Retained earnings Equity Total liab. & equity The company has 19,500 shares outstanding, each trading at $4.308. Line item Sales Costs Depreciation EBIT Interest Taxable income Taxes Net income Value 77,000 63,140 2,000 11,860 800 20,000 6,000 11,060 3,650 7,410 26,000 95,000 121,000 20,000 22,000 42,000 163,000 Part 1 What is the debt-equity ratio (using book values)? 2+ decimals Submit Part 2 What is the debt-to-capital ratio (using book values)? 2+ decimals Submit Part 3 What is the debt-to-enterprise value ratio? 2+ decimals Submit Attempt 1/10 f Attempt 1/10 f Attempt 1/10 f Intro Use the following information to answer the questions: Assets Cash 13,000 Marketable securities 2,000 Notes payable Accounts receivable 3,000 Current liabilities Inventory 25,000 Long-term debt Current assets 43,000 Machines 34,000 80,000 114,000 157,000 Real estate Fixed assets Total assets Line item Sales Liabilities and Equity Accounts payable Net income - Operating expenses - Depreciation = EBIT - Interest = Taxable income - Taxes 28,000 95,000 Total liabilities 123,000 Paid-in capital 20,000 Retained earnings 14,000 Equity 34,000 Total liab. & equity 157,000 22,000 6,000 Value 85,000 69,700 2,000 13,300 800 12,500 4,125 8,375 Part 1 What is the profit margin (aka net profit margin)? 3+ decimals Submit 3+ decimals Part 2 What is the return on assets (aka return on total assets)? Submit BAttempt 1/10 f 3+ decimals B Attempt 1/10 fc Part 3 What is the return on equity (aka return on common equity)? Submit Attempt 1/10 fo

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance In Theory And Practice

Authors: Holley Ulbrich

2nd Edition

041558597X, 978-0415585972

More Books

Students also viewed these Finance questions