Question
UVW Corporation's financials for the year ending 31-03-2023 are as follows: Assets: Cash: $1,90,000 Accounts Receivable: $5,30,000 Inventory: $7,90,000 Prepaid Expenses: $50,000 Short-term Investments: $4,30,000
UVW Corporation's financials for the year ending 31-03-2023 are as follows:
Assets:
Cash: $1,90,000
Accounts Receivable: $5,30,000
Inventory: $7,90,000
Prepaid Expenses: $50,000
Short-term Investments: $4,30,000
Liabilities and Equity:
Accounts Payable: $5,40,000
Short-term Loans: $2,60,000
Long-term Debt: $7,30,000
Common Stock: $10,80,000
Retained Earnings: $6,00,000
Income Statement for the year ending 31-03-2023:
Sales: $50,00,000
Cost of Goods Sold: $30,00,000
Operating Expenses: $8,00,000
Interest Expense: $1,80,000
Tax Rate: 32%
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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