Question

In: Finance

Below are numbers from a balance sheet and income statement. Based on these numbers calculate the...

Below are numbers from a balance sheet and income statement. Based on these numbers calculate the financial ratios requested below.

All answers must be rounded to TWO decimal places including percentages

Sales 
421756
Operating Costs 
313053
Depreciation Expense 
10000
Interest Expense 
5000
Tax Expense 
29408
Cash 
1000
Receivables 
30000
Inventories 
52175
Fixed Assets, Net 
50000
Payables 
11000
Accrued Expenses 
10000
Long-Term Loan 
50000
Common Equity 
62175

  1. Based on these values calculate:

    1. Current ratio

    2. Quick ratio

    3. NWC-to-total-Assets (Working capital to assets)

    4. Ratio of total debt and liabilities to total assets

    5. Ratio of total debt and liabilities to shareholder’s equity

    6. Interest coverage

    7. Net profit margin

    8. Sales to total assets (Asset turnover)

    9. Return on assets

    10. Equity multiplier

    11. Return on equity

Solutions

Expert Solution

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

Cell reference -

Hope this will help, please do comment if you need any further explanation. Your feedback would be appreciated.

jeff jeffy answered 3 months ago
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