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There are enough informations I think Operating Expenses Depreciation Interest Expense Net Income Before Tax Taxes (40%) Net Income 30 220 50 200 80 120
There are enough informations I think
Operating Expenses Depreciation Interest Expense Net Income Before Tax Taxes (40%) Net Income 30 220 50 200 80 120 40 200 64 296 118 178 Industry Norm for 2012 and 2013 Current Ratio Quick Ratio Average Collection Period Average Payable Period Total Debt Ratio Times interest Eamed 5.00 3.00 90 30 0.33 7.00 Calculate and comment on the following ratios. (10 Points) a. Quick Ratio b. Receivable Turnover c. Total Debt Ratio d. Times interest Earned Operating Expenses Depreciation Interest Expense Net Income Before Tax Taxes (40%) Net Income 30 220 50 200 80 120 40 200 64 296 118 178 Industry Norm for 2012 and 2013 Current Ratio Quick Ratio Average Collection Period Average Payable Period Total Debt Ratio Times interest Eamed 5.00 3.00 90 30 0.33 7.00 Calculate and comment on the following ratios. (10 Points) a. Quick Ratio b. Receivable Turnover c. Total Debt Ratio d. Times interest Earned Step by Step Solution
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