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PLEASE HELP!! See below for selected information from the recent financials of ABC Corp. 1) What was the cash coverage ratio for the year? 2)
PLEASE HELP!!
See below for selected information from the recent financials of ABC Corp. 1) What was the cash coverage ratio for the year? 2) Compute the equity multiplier. 3) Compute the profit margin. 4) Compute the quick ratio. 5) What was the firm's ROE? SHOW YOUR WORK 2020 $ 435,000 348,000 87,000 12,000 5,000 Cash Inventory PP&E Total Assets 2020 185,000 66,000 644,000 895,000 $ Revenue COGS Gross profit SG&A Depreciation EBIT Interest EBT Tax @21% Net Income 70,000 50,000 20,000 4,200 15,800 Accounts Payable Long-term Debt Total Liabilities 82,000 343,000 425,000 $ $Step by Step Solution
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