Part 3: Financial Ratios Review (32 marks)

The following table presents the data for CanDo Inc. as of December 31, 2018:

Accounts payable	$126,000
Accounts receivable	$165,000
Cash and cash equivalents	$106,000
CoGS	$271,600
Common stock	$1,090,000
Depreciation	$42,000
Dividend payout ratio	40%
Interest paid	$38,596
Inventory	$175,000
Long-term debt	$1,856,000
Net fixed assets	$2,932,000
Sales	$440,000
Short-term debt	$142,872
Tax rate	31%

Calculate the following financial ratios for CanDo Inc. in the fiscal year of 2018 (round all answers to six decimal places):

1. Current ratio (1 mark)
2. Quick ratio (1 mark)
3. Cash ratio (1 mark)
4. Net working capital ratio (1 mark)
5. Interval measure (1 mark)
6. Total debt ratio (1 mark)
7. Debt-equity ratio (1 mark)
8. Equity multiplier (1 mark)
1. Long-term debt ratio (1 mark)
10. Times interest earned (1 mark)
11. Cash coverage ratio (1 mark)
50. Inventory turnover (using avg. inventory from 2018 & 2019) (2 marks)
1000. Days sales in inventory (1 mark)
14. Receivables turnover (using avg. accounts receivable from 2018 & 2019) (2 marks)
15. Days sales in receivables (1 mark)
16. Payables turnover (using avg. accounts payable from 2018 & 2019) (2 marks)
17. Days sales in payables (1 mark)
18. NWC turnover (1 mark)
19. Fixed assets turnover (1 mark)
20. Total asset turnover (1 mark)
21. Profit margin (1 mark)
5. Return on assets (ROA) (1 mark)
23. Return on equity (ROE) (1 mark)
10. Price-earnings (P/E) ratio (using price per share provided in Part 2) (3 marks)
25. Market-to-book ratio (using price per share provided in Part 2) (3 marks)