Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 1) Answer the following: Assets Cash Marketable securities Accounts receivable Inventory Total current assets Fixed assets (neu Total assets $ 1,500 2,500 15.000 33
Question 1) Answer the following: Assets Cash Marketable securities Accounts receivable Inventory Total current assets Fixed assets (neu Total assets $ 1,500 2,500 15.000 33 000 S52.000 35.000 $87,000 Balance Sheet (5000) Liabilities & Stockholders' Equity Accounts payable Notes payable Total current liabilities Long-tem debt Total liabilities Common stock (par value) Contributed capital in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $12,500 12.500 $25,000 22.000 $47.000 5,000 18,000 17.000 $40.000 $87,000 Income Statement (5000) Sales (all on credit Cost of sales Gross margin Operating expenses Earnings before interest and taxes Interest expense Earnings before taxes Income tax Earnings after taxes $130,000 103,000 $ 27,000 16,000 $ 11,000 3.000 $ 8,000 3,000 5,000 Includes szagay in laser payments Stock price Book value/share Number of shares Other Information $9.50 58.00 5,000 (000) Calculate the following ratios, please illustrate the meaning of the number you calculated. 1 Current ratio 2 Quick ratio 3 Average collection period 4- Inventory turnover 5 Fixed-asset turnover 6 Total asset turnover 7 Debt ratio 8- Debt-to-equity ratio 9 Times interest earned ratio 10 Gross profit margin 11 Net profit margin 12 Return on investment 13 Return on stockholders' equity 14- Price-to-earnings ratio 15- Market price-to-book value ratio cs CamScanner
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