Question
Take a look at this balance sheet and income statement: Balance Sheet (all numbers are in $ million unless stated otherwise) Current Assets Current Liabilities
Take a look at this balance sheet and income statement:
Balance Sheet (all numbers are in $ million unless stated otherwise)
Current Assets Current Liabilities
Cash 98 Accounts Payable 344
A/C Receivable 188 Notes Payable 196
Inventory 422
Total 708 Total 540
Fixed Assets Long-Term Liabilities
Net PPE 2880 Long-Term Debt 457
Common Stock and Paid-In Surplus 550
Retained Earnings 2041
Total Assets 3588 Total Liabilities + Net Worth 3588
Income Statement (all numbers are in $ million unless stated otherwise)
Sales 2311
Cost of Goods Sold 1344
Depreciation 276
EBIT 691
Interest Paid to Bondholders 141
Taxable Income (EBT) 550
Taxes @ 34 percent 187
Net Income 363
Based on this balance sheet and income statement, please compute the following ratios:
Quick Ratio?
Total Debt Ratio?
Interest Coverage Ratio?
Collection Period?
Inventory Turnover?
Profitability?
ROA?
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