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Typed answers please Nice people Corp. has the following balance sheet and income statement for 2xxx (in thousands): 2xxx Cash 251 Accounts receivable 183 Inventory
Typed answers please
Nice people Corp. has the following balance sheet and income statement for 2xxx (in thousands): 2xxx Cash 251 Accounts receivable 183 Inventory 973 Prepaid expenses 33 Net fixed assets ?? Total Assets 3000 Accounts payable 650 Accruals 144 Bank loan, Short term 257 Long-term debt 136 Common stock ?? Retained earnings 137 Total liabilities and net worth 3000 Sales 3129 COGS 1243 Selling, general, and Net fixed assets administration expenses 546 Interest expense 166 Taxes 154 Net profit ?? On the basis of this information, compute (E) the debt-to-net-worth ratio, (F ) the long-term debt-to-total-capitalization ratio, (G) the gross profit margin, (H) the net profit margin, (1) the return on equityStep by Step Solution
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