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Required; Based on the above financial statements, compute the following ratios for the year 2020 1. Current Ratio 2. Quick Ratio 3. Profit Margin Ratio
Required; Based on the above financial statements, compute the following ratios for the year 2020
1. Current Ratio
2. Quick Ratio
3. Profit Margin Ratio
4. Return on Equity
5. Return on Asset
6. Earnings Per Share (EPS)
7. Asset Turnover Ratio
8. Accounts Receivables Turnover Ratio & Average Collection Period
9. Inventory Turnover Ratio & Days Sales of Inventory
10. Debt to Equity Ratio
11. Debt to Asset Ratio
Starship Company Balance Sheet December 31, 2020 Amount (Taka) Particulars Assets: Current Asset; Cash Accounts Receivables Notes Receivables Inventories Total Current Assets Fixed Assets: Lands & Buildings Furniture Equipment Intangible Assets 95,000 60,000 25,000 1,10,000 2,90,000 50,000 10,000 15,000 5,000 80,000 3,70,000 Total Fixed Assets Total Assets Liabilities & Shareholders' Equity: Liabilities: Current Liabilities; Accounts Payable Notes Payable Interest Payable 50,000 20,000 8,000 78,0000 Total Current Liabilities Long Term Liabilities Total Labilities 1,80,000 2,58,000 Shareholders' Equity: Common Stock (Tk. 10 Per Share) 1,00,000 12,000 Activat Go to Se 1,12,000 Retained Earnings Total Shareholders' Equity Total Liabilities & Shareholders' Equity 3,70,000 10,000 Total Number of Shares outstanding Starship Company Income Statement As on December 31, 2020 Particulars Sales (Credit Sales) Less: Cost of Goods Sold (Credit Purchase) Gross Profit Less: Operating Expenses Income from Operations Add: Other Income Net Income Amount (TK) 1,50,000 80,000 70,000 51,000 19,000 10,000 29,000Step by Step Solution
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