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Problem 3 : Calculate the following Long - term solvency ratios for Got It Right. ( Use year - end figures rather than average values
Problem : Calculate the following Longterm solvency ratios for Got It Right. Use yearend figures rather than average values when appropriate
a The Total Debt Ratio for the year PY is times.
b The DebtEquity Ratio for the year PY is times.
c The Equity Multiplier for the year PY is times.
d The Times Interest Earned Ratio for the year CY is times.
e The Cash coverage ratio for the year CY is times.
Problem : Calculate the following Profitability ratios for Got It Right. Use yearend figures rather than average values when appropriate
a The Profit margin for the year CY is
b The Return on assets for the year CY is
c The Return on equity for the year CY is
Problem : Golden Egg Corporation has ending inventory for the year CY of $ The Cost of goods sold for the year CY are $
a The Inventory Turnover for Golden Egg Corporation is times.
b The days' sales in inventory is days
Problem : Pauls Power Tools, Inc. had a Debt ratio of
a The debttoequity ratio for Pauls Power Tools is times.
b The equity multiplier for Paul's Power Tools is times.
Problem : Timeless Tycoons, Inc. had an equity multiplier that was times. Their total asset turnover was times, and their profit margin was for CY Their ROE for CY was
Problem : Wallys Walkers and Whatnot Products has a profit margin of sales of $ debt of $ total assets of $ The ROA for Wally's is
Problem : Complete the following income statement for Pa Bell Corporation: Problem : Pa Bell Corporation Sales $ Cost of Goods Sold $ Depreciation $ Interest $ Tax Rate Taxes Net Income a Dividends $ Addition to Retained Earnings ba The net income for Pa Bell is $
b The Addition to Retained Earnings for Pa Bell is $
: EM Inc., has Sales of $ total assets of $ and a DebttoEquity ratio of If its ROE is then its net income is $pleasep
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