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Please help me with this question PSA12.5 Selected financlal data of two Intense competltors In a recent year are presented here (In milllons). EASTCO LTD
Please help me with this question
PSA12.5 Selected financlal data of two Intense competltors In a recent year are presented here (In milllons). EASTCO LTD WESTCO LTD STATEMENT OF PROFIT OR LOSS DATA Net sales Cost of sales Selling and adminlstrative expenses FInance expense Galn on sale of equlpment Income tax expense Proflt $40 ooo (32 o00) (7 200) (600) 800 (300) $82 000 (65 o0o) (13 o0o) (1 o00) ( 200) STATEMENT OF FINANCIAL POSITION DATA (END-OF-YEAR) Current assets Property, plant and equlpment (net) Total assets Current labilltles Non-current llablilitles Total equity Total llabiltles and equity 17 481 $28 481 $5 500 8 200 6 300 $20 000 11 0o0 8 481 $28 481 BEGINNING-OF-YEAR BALANCES Total assets Current labilltles Total equity $17 504 5 698 6 093 $26 441 9 981 10 753 OTHER DATA $5 500 Average net recelvables Average Inventory Net cash provided by operating actlvitles 8 000 1 000 2 500 Reguired a. For each entity, calculate the following: 1. Current ratlo. 2. Recelvables turnover 3. Average collection perlod. 4. Inventory turnover 5. Average days In Inventory 6. Proflt margn. 7. Asset turnover 8. Return on assets. 9. Return on ordinary shareholders' equlty 10. Debt to total assets ratlo. 11. Tlmes Interest earned. 12. Current cash debt coverageStep by Step Solution
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