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please show formulas to the comment: this is all thats given to me in the online problem 1. Compute and interpret financial ratios that managers
please show formulas to the comment: this is all thats given to me in the online problem 1. Compute and interpret financial ratios that managers use to assess liquidity. 2. Compute and interpret financial ratios that managers use for asset management purposes. 3. Compute and interpret financial ratlos that managers use for debt management purposes. s B E F 925,000 750,000 Selling and administrative expenses 355,000 195,000 Operating expenses 985,500 2,635,000 2,035,000 Depreciation and amortization 410,500 1,975,000 1,800,000 General and administrative expenses 150,000 75 000 100,000 Total selling and administrative expenses 1.546,000 4.685.000 S. 3.935.000 Net operating income 446,000 Interest expense 60,000 Net income before taxes 386,000 250,000 $ 225,000 Income taxes 135 100 750,000 600,000 Net income S250.900 550,000 395,000 275.000 223.400 Additional information: 1,825,000 1,443,400 Dividend per share paid in current year $ 1.00 575,000 400,000 Market price of shares at year end 42.00 2,400,000 1,143,400 Par value of common stock per share 20.00 10 Inventory 11 Other current assets 12 Total current assets 13 Plant and equipment, net 14 Other assets 15 Total assets 16 Liabilities and Stockholders' Equity 17 Current abilities: 18 Accounts payable 19 Short-term bank loans 20 Accrued payables 21 Other current liabilities 22 Total current liabilities 23 Bonds payable, 10% 24 Total liabilities 25 Stockholders' equity 26 Common stock 27 Retained earnings 28 Total stockholders' equity 29 Total liabilities and stockholders' equity 30 s Number of shares outstanding 1,150,000 1,150,000 1.135,000 941.600 2.785.000 2,091,600 4.1.000 35.000 S $ 35 29 Total liabilities and stockholders' equity 4.685.000 S 3,935.000 30 31 Required: 32 Compute the following ratios for the current year only: 33 Gross margin percentage 34 Current ratio (rounded to two decimal places) Acid-test ratio (rounded to two decimal places) 36 Accounts receivable turnover (rounded to two decimal places) 37 Average collection period (rounded to the nearest whole day) 38 Inventory turnover ratio (rounded to two decimal places) 39 Average sales period (rounded to the nearest whole day) 40 Debt-to-equity ratio (rounded to two decimal places) 41 Times interest earned (rounded to two decimal places) 42 Book value per share (rounded to two decimal places) 43 Earnings per share (rounded to two decimal places) Dividend payout ratio (rounded to three decimal places) 45 Dividend yield ratio (rounded to three decimal places) 46 Price-earnings ratio (rounded to two decimal places) 44 1. Compute and interpret financial ratios that managers use to assess liquidity. 2. Compute and interpret financial ratios that managers use for asset management purposes. 3. Compute and interpret financial ratlos that managers use for debt management purposes. s B E F 925,000 750,000 Selling and administrative expenses 355,000 195,000 Operating expenses 985,500 2,635,000 2,035,000 Depreciation and amortization 410,500 1,975,000 1,800,000 General and administrative expenses 150,000 75 000 100,000 Total selling and administrative expenses 1.546,000 4.685.000 S. 3.935.000 Net operating income 446,000 Interest expense 60,000 Net income before taxes 386,000 250,000 $ 225,000 Income taxes 135 100 750,000 600,000 Net income S250.900 550,000 395,000 275.000 223.400 Additional information: 1,825,000 1,443,400 Dividend per share paid in current year $ 1.00 575,000 400,000 Market price of shares at year end 42.00 2,400,000 1,143,400 Par value of common stock per share 20.00 10 Inventory 11 Other current assets 12 Total current assets 13 Plant and equipment, net 14 Other assets 15 Total assets 16 Liabilities and Stockholders' Equity 17 Current abilities: 18 Accounts payable 19 Short-term bank loans 20 Accrued payables 21 Other current liabilities 22 Total current liabilities 23 Bonds payable, 10% 24 Total liabilities 25 Stockholders' equity 26 Common stock 27 Retained earnings 28 Total stockholders' equity 29 Total liabilities and stockholders' equity 30 s Number of shares outstanding 1,150,000 1,150,000 1.135,000 941.600 2.785.000 2,091,600 4.1.000 35.000 S $ 35 29 Total liabilities and stockholders' equity 4.685.000 S 3,935.000 30 31 Required: 32 Compute the following ratios for the current year only: 33 Gross margin percentage 34 Current ratio (rounded to two decimal places) Acid-test ratio (rounded to two decimal places) 36 Accounts receivable turnover (rounded to two decimal places) 37 Average collection period (rounded to the nearest whole day) 38 Inventory turnover ratio (rounded to two decimal places) 39 Average sales period (rounded to the nearest whole day) 40 Debt-to-equity ratio (rounded to two decimal places) 41 Times interest earned (rounded to two decimal places) 42 Book value per share (rounded to two decimal places) 43 Earnings per share (rounded to two decimal places) Dividend payout ratio (rounded to three decimal places) 45 Dividend yield ratio (rounded to three decimal places) 46 Price-earnings ratio (rounded to two decimal places) 44
please show formulas
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