Using Eagle Electronics Inc.'s financial statements below, calculate the following: 1. Eagle Electronics Inc.'s sustainable growth rate
Question:
1. Eagle Electronics Inc.'s sustainable growth rate
2. Eagle Electronics Inc.'sZ-score
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Statement of Financial Position in Non-current assets Current assets 2000,00 Equity Share capital Retained earnings Inventories Trade receivables Cash and cash equivalents 600,000 300,000 quity 100,000 000,000 Current liabilities 400,000 850,000 1,250,000 1,000,000 Non-current liabilities Total current assets Trade and other payables 350,000 100,000 300,000 750,000 1,750,000 3.000,00 Total equity and liabiliies 3000,000 Notes payable Bank loan Total current liabilities Total liabilities Total assets Statement of Income and Statement of Retained Earnings (partial) (in S) 3,000,000 Revenue Cost of sales Gross profit Expenses* Profit before taxes Income tax expense Profit for the year Dividends Increase in retained earni 1,500, 1,500,000 600,000 ,000 300,000 100,000 200,000 ng3 * Includes $ 100,000 of finance costs.
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