Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please show work Find the following ratios. 5. Asset utilization (efficiency ratios): i. Total Asset Turnover ii. Inventory Turnover iii. Receivables Turnover 6. Solvency ratios:
Please show work
Find the following ratios.
5. Asset utilization (efficiency ratios): i. Total Asset Turnover ii. Inventory Turnover iii. Receivables Turnover
6. Solvency ratios: i. Total debt ratio ii. Debt-equity ratio iii. Equity multiplier iv. Times interest earned ratio v. Cash coverage ratio
7. Profitability ratios: i. Profit margin ii. Return on asset (ROA) iii. Return on equity (ROE)
8. Construct the Dupont identity.
Below is the balance sheet for 2020 and 2021 and the income statement for 2021 for some company. Use the information to answer the questions below. \begin{tabular}{lcc} B. Income Statement - 2021 & & \\ \hline Sales & & \\ COGS & $506,454 & \\ EBITDA & $147,126 & $359,328 \\ Depreciation/Amortization & & $44,463 \\ EBIT & $102,663 & \\ Interest Expense & & $19,683 \\ Taxable Income & $82,980 & \\ Taxes (25\%) & $20,745 \\ Net Income & $62,235 & \\ Dividends & \multicolumn{2}{c}{$} \\ Retained Earnings & $37,235 & \\ \hline \end{tabular}Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started