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What is the net working capital? What is the current ratio? What is the quick ratio? What is the total debt ratio? What is times
What is the net working capital?
What is the current ratio?
What is the quick ratio?
What is the total debt ratio?
What is times interest earned?
What is the operating profit margin?
What is the return on equity?
Income Statement:
Net Sales (75% credit sales) $8,500
Cost of goods sold ($3,305)
Gross profit $4,995
Administrative expenses ($3,015)
Depreciation expense ($495)
Operating income $1,485
Interest expense ($346)
Earnings before taxes $1,139
Income taxes (35%) ($399)
Net Income $740
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