Question
Nederland Consumer Products Company Balance Sheet Assets: Liabilities and Equity: Cash and marketable securities $ 5,469 Accounts payable $ 3,617 Investment securities 423 Accrued and
Nederland Consumer Products Company Balance Sheet Assets: Liabilities and Equity: Cash and marketable securities $ 5,469 Accounts payable $ 3,617 Investment securities 423 Accrued and other liabilities 7,689 Accounts receivable 4,062 Taxes payable 2,554 Inventory 4,400 Debt due within one year 8,287 Deferred income taxes 958 Total current liabilities $22,147 Prepaid expenses and other Long-term debt 12,554 receivables 1,803 Deferred income taxes 2,261 Total current assets $17,115 Other noncurrent liabilities 2,808 Property, plant, and equipment, at cost 25,304 Total liabilities $39,770 Less: Accumulated depreciation 11,196 Convertible class A preferred stock 1,526 Net property, plant, and equipment $14,108 Common stock 2,141 Net goodwill and other intangible Retained earnings 13,611 assets 23,900 Total stockholders equity $17,278 Other noncurrent assets 1,925 Total assets $57,048 Total liabilities and equity $57,048
Calculate all the ratios listed below for Nederland and compare the firms ratios with the industry ratios listed below. Ratio Industry Average Current ratio 2.05 Quick ratio 0.78 Gross margin 23.9% Net profit margin 12.3% Debt ratio 0.23 Long-term debt to equity 0.98 Interest coverage 5.62 ROA 5.3% ROE 18.8%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started