Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are given the following information analyzing the financials of Cox Co. Ltd.: Paid up Capital CAD 19,000 Retained Earnings CAD 11,000 Sales CAD 90,000
You are given the following information analyzing the financials of Cox Co. Ltd.:
Paid up Capital CAD 19,000
Retained Earnings CAD 11,000
Sales CAD 90,000
COGS CAD 60,000
EBITDA CAD 20,000
Depreciation CAD 2,000
Long term debt (Interest @ 10%) CAD 60,000
Cash in hand CAD 460
Account Receivable CAD 15,000
Bills Payable CAD 40,000
Prepaid Expense CAD 300
Preliminary Expenses CAD 70
Accrued Expenses CAD 11,000
Closing Inventory CAD 74,000
Marketable Security CAD 2,000
Account Payables CAD 3,400
Find
- Current Ratio
- Quick Ratio
- Debt-Equity Ratio
- Interest Coverage Ratio
- Gross Profit Margin
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started