Question
Make Income Statement and Balance Sheet using following information: Debt to Assets = 45% Quick Ratio = 1.5 Asset Turnover = 3 times Fixed Asset
Make Income Statement and Balance Sheet using following information:
Debt to Assets = 45%
Quick Ratio = 1.5
Asset Turnover = 3 times
Fixed Asset Turnover = 8 times
Current Ratio = 1.5:1
Average Collection Period = 20 days
CGS = Rs.2,280,000
ROA = 35%
Operating Profit Margin = 44%
Gross Profit Margin = 62%
Taxes 33% of EBT
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Handbook Of European Financial Markets And Institutions
Authors: Xavier Freixas, Philipp Hartmann, Colin Mayer
1st Edition
0199229953, 978-0199229956
