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The following information is taken from the financial statements of Bradley Company: Net sales revenue Expenses Net income after tax Net cash from operations Assets,
The following information is taken from the financial statements of Bradley Company: Net sales revenue Expenses Net income after tax Net cash from operations Assets, end of current year Liabilities, end of current year Stockholders' equity, end of current year Assets, end of previous year Liabilities, beginning of the year Stockholders' equity, end of previous year $ 1,200,000 920,000 280,000 210,000 600,000 100,000 500,000 590,000 130,000 480,000 Expenses include interest of $30,000 and income tax rate is 20%. There was an average of 50,000 shares of common stock outstanding during the year and the market price of the stock is $25 per share at the end of the year. There was no preferred stock outstanding during the year. Required: 1. Calculate and prepare the following ratios for the current year and show your calculations: Part a. Fixed asset turnover Part b. Return on equity (ROE) Part c. Earnings per share (EPS) Part d. Times interest earned Part e. Price/Earnings ratio Part f. Debt-to-assets ratio Part g. Net profit margin
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