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RATIO ANALYSIS Liquidity Ratios Problem 4 . Gray Corporation's financial statements for the last year are shown below. All figures are in thousands ( P

RATIO ANALYSIS
Liquidity Ratios
Problem 4. Gray Corporation's financial
statements for the last year are shown
below. All figures are in thousands
(P000). The firm paid a P1,000
dividend to its stockholders during the
year. Two million shares of stock are
outstanding. The stock is currently
trading at a price of P50. There were
no sales of new stock. Lease
payments totaling P400 are included in
cost and expense.
Compute for:
Debt Ratio
Debt-to-Equity
Fixed Assets Turnover
Asset turnover
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