Question
Nice people Corp. has the following balance sheet and income statement for 2xxx (in thousands): 2xxx Cash 228 Accounts receivable 142 Inventory 988 Prepaid expenses
Nice people Corp. has the following balance sheet and income statement for 2xxx (in thousands):
2xxx
Cash 228
Accounts receivable 142
Inventory 988
Prepaid expenses 49
Net fixed assets ??
Total Assets 3000
Accounts payable 530
Accruals 247
Bank loan, Short term 220
Long-term debt 112
Common stock ??
Retained earnings 145
Total liabilities and net worth 3000
Sales 3953
COGS 1121
Selling, general, and Net fixed assets administration expenses 592
Interest expense 125
Taxes 139
Net profit ??
1- On the basis of this information, compute
(A) Net fixed assets, common stock, Net profit.
(B) the current ratio,
(C) the acid-test ratio,
(D) the average collection period,
(E) the inventory turnover ratio,
(F) the debt-to-net-worth
ratio,
(G ) the long-term debt-to-total-capitalization ratio,
(H) the gross profit margin,
(I) the net profit margin,
(J) the return on equity.
2- In light of the previous results analyze the financial data for this corporation
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