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You are given the below figures from the Income statement and Balance sheet of ABC Ltd at the end of year 2018. Calculate the following
You are given the below figures from the Income statement and Balance sheet of ABC Ltd at the end of year 2018. Calculate the following for ABC Ltd: (a) Quick (acid-test) Ratio (b) Return on equity (C) Net profit margin [6M] Inventory Total assets Total long term liabilities Total current assets Total shareholder's equity Number of shares outstanding Data on ABC End 1,800,000.00 P/E ratio 5.450,000.00 Current market price 2,000,000.00 Cost of Inventory sold during the period 2,450,000.00 Income tax rate on earnings 2.550,000.00 Annual interest expense 150,000.00 Gross profit margin 15 45 500,000.00 25% 184,000.00 55%
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