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Refer to the financial statements of Violet Company. Complete the information in Income Statement Calculate: Current ratio, Acid-test ratio, Average collection period, Asset turnover ratio,
Refer to the financial statements of Violet Company.
- Complete the information in Income Statement
- Calculate: Current ratio, Acid-test ratio, Average collection period, Asset turnover ratio, ROA, ROE
- Construct the Du Pont identity for Violet Company?
- Violet Company has 51000 shares of common stock outstanding and the market price for a share of stock at the end of 2020 is 15 USD. What is the price-earning ratio? What are the dividends per share if the company decided to keep 20% of its Net Income as Addition to Retained earnings?
Thanh you so much. Can you explain for me please.
Income Statement (2020) (Unit: dollar) Sales $634,000 Cost of goods sold (COGS) 289,200 Selling and Administrative Expenses 98,000 EBITDA ? Depreciation 28,700 Interest Expenses 45,500 Income before tax ? Tax rate 20% ? Net Income ? Balance Sheet (2020) (Unit: dollar) Cash 30,200 Account Payable 81,500 Accounts Receivable 170,400 Short-term Loan 42,900 Inventory 295,500 Others 20,900 Total Current Assets 496,100 Total current liabilities 145,300 Long-term debt 250,000 Fixed Assets 1,025,500 Total Liabilities 395,300 Common stock and paid-in surplus 1,000,000 Retained earnings 126,300 Total Equity 1,126,300 Total Assets 1,521,600 Total Liabilities & Equity 1,521,600Step by Step Solution
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