Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the January 31, 2014, unaudited financial information, compute the ROE, ROA, profit margin ratio, asset turnover ratio, current ratio, cash flow ratio, debt-toequity ratio,

Using the January 31, 2014, unaudited financial information, compute the ROE, ROA, profit margin ratio, asset turnover ratio, current ratio, cash flow ratio, debt-toequity ratio, interest coverage ratio, debt coverage ratio, NTAB, EPS, DPS and the PER. Comment on the ratio analyses performed.

Please show work if possible, numbers you used or name of the account you got the number from (eg. total assets/total liabilities)

Table 2. Comprehensive Income Statement (in thousands of Australian dollars) June 30, 2012 June 30, 2013 June 30, 2010 $246,1Table 3. Balance Sheet (in thousands of Australian dollars) June 30, 2010 June 30, 2011 Unaudited January 31, 2014 June 30, 2Table 4. Statement of Cash Flows (in thousands of Australian dollars) 2010 2011 2012 2013 744,720 (631,924) 1,176,226 11,113, 

Table 2. Comprehensive Income Statement (in thousands of Australian dollars) Unaudited June 30, 2010 June 30, 2011 June 30, 2012 June 30, 2013 January 31, 2014 Revenue $246,169 $421,595 $774,879 $1,054,100 $520,041 Cost of sales (711,430) Changes in inventories of finished goods and WIP 9,696 15,000 Materials, plant, and contractor costs (125,171) (211,000) (516,867) (656,334) Emplayee benefits expense (79,194) (157,191) (164,502) (256,515) Depreciation and amartization (3,218) (5,159) (16,292) (21,361) Consulting fees (582) (5,380) Provision for impairment losses (1,628) (304) Other expenses (7,132) (8,043) (12,711) (21,033) Other gains and losses 537 257 188 Expenses Results from Operating Activities $40,059 $54,898 $64,182 $93,665 Finance income 1,023 3,079 5,698 6,939 Finance costs (716) (711) (2,850) (4,816) Net finance income s307 $2,368 $2,848 $2,123 Share of profit/loss) of asociates and jointly controlled entities (513) 3,052 (5,679) Net Profit Before Tax s40,366 $56,753 S70,082 $90,109 S(324,162) Income tax expense (10,915) (17,920) (20,780) (27,190) (2,301) Net Profit After Tax $29,451 $38,833 $49,302 $62,919 $(326,463) Foreign exchange differences (net of tax) (346) (1,946) (310) 1,8 Total Comprehensive Income $29,105 $36,887 $48,992 $64,745

Step by Step Solution

3.37 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

iReturn On EquityROE 75795 ii Return On Asset ROA 10821 iiiProfit Margin 6233 ivAsset turnover ratio SalesCapital employed 811 Times VCurrent ratio Cu... 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_2

Step: 3

blur-text-image_3

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

Intermediate Accounting

Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

8th edition

978-1259997525, 1259997529, 978-1259548185

More Books

Students also viewed these Accounting questions

Question

4. Think of analogies that will make ideas easier to understand.

Answered: 1 week ago