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?

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jeff jeffy answered 1 year ago

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