Question
Rainbow Beauty Goods just provided the following balance sheet and income statement items. Assume that the stock price is $10 per share. All data are
Rainbow Beauty Goods just provided the following balance sheet and income statement items. Assume that the stock price is $10 per share. All data are in thousands of dollars.
Net income 400
Net plant and equipment 2500
Notes payable 300
Accounts Payable 500
Accounts Receivable 600
Addition to retained earnings 250
Cash and equivalents 200
Common stock 100
Cost of goods sold 3700
Depreciation 300
Dividends on common shares 150
Gross profit 2300
Interest expense 100
Inventories 700
Long term debt 1100
Other current liabilities 500
Retained earnings 1500
Sales 6000
Selling, general and administrative expenses 1200
Taxes 300
Total Shares Outstanding 800
- Calculate firms Current ratio.
- Calculate firms Quick Ratio
- Calculate firms ROE.
- Calculate firms Net Profit Margin.
- Calculate firms EPS (Earnings per Share).
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