Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help me out, by calculating these ratios Balance Sheet ($000) Ratios Calculation Assets Liabilities and Equity Liquidity Cash 1,500 Accounts payable S 12,500 Current

image text in transcribed

please help me out, by calculating these ratios

image text in transcribed
Balance Sheet ($000) Ratios Calculation Assets Liabilities and Equity Liquidity Cash 1,500 Accounts payable S 12,500 Current Marketable securities 2,500 Notes payable S 12,500 Quick Accounts receivable 15, 000 Total current liabilities S 25,000 Inventory 33,000 Long-term debt S 22,000 Asset Management Total current assets 52,000 Total liabilities 47,000 Average collection period Fixed assets (net) 35,000 Common stock (par value) 5,000 Inventory turnover Total assets 37,000 Contributed capital in excess of par S 18,000 Fixed-asset turnover Retained earnings 17,000 Total asset turnover Total stockholders' equity 40,000 Total liabilities and stockholders' equity 87,000 Financial Leverage Debt Income Statement ($000) Other Info Debt-to-equity Times interest earned Sales (all on credit) 130,000 Stock Price $9.50 Fixed charge coverage Cost of sales 103,000 Book value/share $8.00 Gross margin 27,000 Number of shares 5,000 in thousands Profitability Operating expenses* 16,000 Gross profit margin EBIT 11,000 Net profit margin Interest 3,000 Return on investment EBT 8,000 Return on stockholders' equity Income Tax 3,000 EAT 5,000 Market-based Price-to earnings * includes 200 in lease payments Market price-to-book

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

Financial Management Theory And Practice

Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason

3rd Canadian Edition

017658305X, 978-0176583057

More Books

Students also viewed these Finance questions