Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the information in the photos, please find: 1. Asset utilization ratios - total asset turnover -inventory turnover -receivables turnover 2. Long term solvency ratios

Using the information in the photos, please find:
1. Asset utilization ratios
- total asset turnover
-inventory turnover
-receivables turnover
2. Long term solvency ratios
- total debt ratio
- debt to equity ratio
- equity multiplier
3. profitability ratios
- profit margin
- return on assets
- return on equity
image text in transcribed
\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{l} sMoLirA OoLF, INC. \\ 2014 Income statement \end{tabular}} \\ \hline Sales & & $205,227 \\ \hline Cost of goods sold & & 138,383 \\ \hline Deprociation & & 5,910 \\ \hline EarT & & $60,934 \\ \hline Interest paid & & 1,617 \\ \hline Taxable income & & $59,317 \\ \hline Taxen & & 20,760 \\ \hline Net income & & $38,557 \\ \hline Dividends & $14,300 & \\ \hline Retained eamings & 24,257 & \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Dark Side Of Valuation

Authors: Aswath Damodaran

1st Edition

013040652X, 9780130406521

More Books

Students also viewed these Finance questions

Question

Brief the importance of span of control and its concepts.

Answered: 1 week ago

Question

What is meant by decentralisation?

Answered: 1 week ago