Question
The following information for CoCo Company for 2018 has been assembled. Market value at December 31, 2018 $731,250 Total liabilities $100,000 Debt ratio 20% Return
- The following information for CoCo Company for 2018 has been assembled.
Market value at December 31, 2018 $731,250
Total liabilities $100,000
Debt ratio 20%
Return on sales 15%
Asset turnover 5.0
Given that total assets on December 31, 2017 was $150,000, compute the following:
1. Total assets
2. Net sales
3. Net income
4. Price-earnings ratio
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Introduction To Actuarial Science
Authors: John James Hardy
1st Edition
1332733697, 978-1332733699
