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Use the following selected financial information to answer the following 10 ratios: 1. quick ratio 2. average collection period 3. days payable outstanding 4. total
Use the following selected financial information to answer the following 10 ratios: |
1. quick ratio |
2. average collection period |
3. days payable outstanding |
4. total asset turnover ratio |
5. times interest earned ratio |
6. cash flow adequacy ratio |
7. cash flow margin |
8. effective tax rate |
9. debt ratio |
10. return on equity |
Income Statement | |
For the Year Ended December 31, 2018 | |
EUR | 2018 |
Net sales | 4770 |
Cost of goods sold | 3000 |
Gross profit | 1770 |
Operating expenses | 1250 |
Operating profit | 520 |
Interest expense | 100 |
Earnings before taxes | 420 |
Income tax expense | 150 |
Net profit | 270 |
Statement of Cash Flow Information | |
For the Year Ended December 31, 2018 | |
EUR | 2018 |
Cash from operating activities | 400 |
Investing activities: | |
Capital expenditures | 20 |
Acquisitions | 20 |
Financing activities: | |
Proceeds from long-term borrowing | 50 |
Payments on long-term borrowing | 100 |
Payments of cash dividends | 40 |
Cash paid for interest | 20 |
Cash paid for income taxes | 150 |
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