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Cash                              4500                        Accts Payable         4400 Accounts Receivable    6200                        Wages Payable       2100 Inventory                      7000                        Notes Payable         4000 Plant & Equipment       7300                        Long Term Debt     5000                                                                            Equity                 9500                      Sales = 28,400  Net Income = 2,300 EBIT = 1,00            Interest Charge = 850     Current Ratio                                                               b. Quick Ratio       Total Asset Turnover

Cash                              4500                        Accts Payable         4400 Accounts Receivable    6200                        Wages Payable       2100 Inventory                      7000                        Notes Payable         4000 Plant & Equipment       7300                        Long Term Debt     5000                                                                            Equity                 9500                      Sales = 28,400  Net Income = 2,300 EBIT = 1,00            Interest Charge = 850     Current Ratio                                                               b. Quick Ratio       Total Asset Turnover

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 19P
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Question
  1. Using the data below, calculate the following ratios.

 

Cash                              4500                        Accts Payable         4400

Accounts Receivable    6200                        Wages Payable       2100

Inventory                      7000                        Notes Payable         4000

Plant & Equipment       7300                        Long Term Debt     5000

                                                                           Equity                 9500

              

 

   

Sales = 28,400  Net Income = 2,300 EBIT = 1,00            Interest Charge = 850

 

 

  1. Current Ratio                                                               b. Quick Ratio

 

 

  1.   Total Asset Turnover                                                   d. Fixed Asset Turnover

 

 

  1.   Inventory Turnover                                                     f.  Interest Coverage TIE

 

 

 

  1.   Equity Multiplier  Tot Assets/Equity                           h. L/T Debt Ratio

 

 

 

  1.   ROA                                                                               j. ROE

 

 

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  1.   Inventory Turnover                                                     f.  Interest Coverage TIE

 

 

 

  1.   Equity Multiplier  Tot Assets/Equity                           h. L/T Debt Ratio

 

 

 

  1.   ROA                                                                               j. ROE
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