Question
The Balance Sheet and the Income Statement for ABC Manufacturing Corporation are as follows: DATA (All amounts in SAR unless otherwise indicated, all sales are
The Balance Sheet and the Income Statement for ABC Manufacturing Corporation are as follows: | |
DATA (All amounts in SAR unless otherwise indicated, all sales are on credit and no hard keys.) | |
Balance Sheet: |
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ABC Corporation Balance Sheet |
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Other current assets |
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Total current assets |
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Gross fixed assets |
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Accumulated depreciation |
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Net fixed assets |
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Total assets |
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LIABILITIES (DEBT) AND EQUITY |
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Accounts payable |
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Short-term notes payable |
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Total current liabilities |
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Long-term debt |
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Total liabilities |
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Common stock (par & paid in capital) |
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Retained earnings |
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Total common equity |
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Total liabilities and equity |
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ABC Corporation Income Statement |
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Sales |
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Cost of goods sold |
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Gross profits |
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Operating expenses: |
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Selling and G&A expenses |
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Depreciation expenses |
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Total operating expenses |
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Operating income (earnings before interest and taxes) |
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Interest expense |
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Earnings before taxes |
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Income taxes |
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Net Income |
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Number of shares (thousands) |
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Dividends (thousands) |
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Market price per share |
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Calculate the following ratios: |
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Current ratio |
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Acid-test ratio |
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Days in receivables |
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Days in inventories |
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Operating return on assets |
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Operating profit margin |
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Total asset turnover |
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Fixed asset turnover |
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Debt ratio |
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Times interest earned |
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Return on equity |
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Earnings per share |
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Dividends per share |
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Price/Earnings |
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Book value per share |
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Market/Book |
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