Financial Ratios: Philippe Organic Farms has total assets of $750,000; long-term debt of $200,000; total equity...

Financial Ratios:

Philippe Organic Farms has total assets of $750,000; long-term debt of $200,000; total equity of $275,000; net fixed assets of $400,000; and sales of $1,000,000. The profit margin is 6.5 percent. What is the current ratio?
Galaxy Sales has Cost of Goods Sold of $1,650,000 and inventory of $140,000. How long on average does it take the firm to sell its inventory? Assume a 365-day year
Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is .68 and the total asset turnover is 1.25. What is the profit margin?
KBJ has total assets of $900,000. There are 21,000 shares of stock outstanding with a market value of $12 a share. The firm has a profit margin of 7.5 percent and a total asset turnover of 1.50. What is the price-earnings ratio?

Expert Solution

jeff jeffy answered 2 years ago

Maple Company has total assets of $1,230,000, long-term debt of$300,000, stockholders' equity of $600,000, and...

Maple Company has total assets of $1,230,000, long-term debt of $300,000, stockholders' equity of $600,000, and current liabilities of $330,000. The dividend payout ratio is 40 percent and the profit margin is 12 percent. Assume all assets and current liabilities change spontaneously with sales and the firm is currently operating at full capacity. What is the external financing need if the current sales of $1,500,000 are projected to increase by 15 percent?$10,800.00$14,500.00$17,600.00$20,400.00$8,400.00

Perot Systems has total assets of $470,000, long-term debt of $161,000, stockholders' equity of $220,000, and...

Perot Systems has total assets of $470,000, long-term debt of $161,000, stockholders' equity of $220,000, and current liabilities of $89,000. The dividend payout ratio is 40 percent and the profit margin is 12 percent. Assume all assets and current liabilities change spontaneously with sales and the firm is currently operating at full capacity. What is the external financing need if the current sales of $540,000 are projected to increase by 12 percent? $1,928.36 $2,017.20 $2,174.40 $2,239.12 $2,306.66

A firm has $200,000 in current assets, $800,000 in long-term assets and $900,000 in long-term financing....

A firm has $200,000 in current assets, $800,000 in long-term assets and $900,000 in long-term financing. What is its net working capital (CA -CL)? Hint: Prepare a Balance Sheet.

Wilberton’s has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and...

Wilberton’s has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700. If inventory is $173,900, what is the current ratio? Show your calculations! A. 1.18 B. 0.52 C. 2.01 D. 1.94 2. NDG is a firm financed with 45 percent debt and 55 percent equity. What is the equity multiplier? Show your calculations! 100% 55% 45% 1.82 3. A firm’s total current liabilities increased from 200 to 220 within a year....

A firm has a long-term debt–equity ratio of .4. Shareholders’ equity is $1 million. Current assets...

A firm has a long-term debt–equity ratio of .4. Shareholders’ equity is $1 million. Current assets are $200,000, and total assets are $1.5 million. If the current ratio is 2.0, what is the ratio of debt to total long-term capital? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Debt to long-term capital ____ % 28.6% and 28.57% is not a correct answer

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .43...

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .43 and a current ratio of 1.5. Current liabilities are $990, sales are $6,410, profit margin is 9.3 percent, and ROE is 20.4 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net fixed assets = neither of these are the answer 5362.74, 3,683.75, 5378.53

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .39...

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .39 and a current ratio of 1.7. Current liabilities are $950, sales are $6,370, profit margin is 9.8 percent, and ROE is 20 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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