Question
TUV Corporation's financials for the year ending 31-03-2023 are as follows: Assets: Cash: $2,40,000 Accounts Receivable: $5,20,000 Inventory: $8,20,000 Prepaid Expenses: $50,000 Short-term Investments: $4,40,000
TUV Corporation's financials for the year ending 31-03-2023 are as follows:
Assets:
Cash: $2,40,000
Accounts Receivable: $5,20,000
Inventory: $8,20,000
Prepaid Expenses: $50,000
Short-term Investments: $4,40,000
Liabilities and Equity:
Accounts Payable: $5,50,000
Short-term Loans: $2,90,000
Long-term Debt: $7,60,000
Common Stock: $11,60,000
Retained Earnings: $6,70,000
Income Statement for the year ending 31-03-2023:
Sales: $54,00,000
Cost of Goods Sold: $32,00,000
Operating Expenses: $8,50,000
Interest Expense: $1,80,000
Tax Rate: 31%
Requirements:
Calculate the current ratio.
Calculate the debt to equity ratio.
Calculate the return on assets.
Calculate the net profit margin.
Calculate the inventory turnover ratio.
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