I need the answer as soon as possible From the following information, complete theBalance Sheet Equity 500,000, Current Liabilities to Total Debt Ratio 30%,Total Total Debt to Equity 70%, Asset Turnover Ratio 3 Times, Fixed Assets ToEquity Ratio 70%, Inventory Tunover 6 Times, Collection period is 8 days.Net income 20% from sales, the number of issued ordinary shares is 100,noting that the current price of the share in the market is 60% greater thanthe book value of the share.1 Add filecash amountYour answerAmount of debit accountsYour answerAmount of stock

The question is related to Ratio Analysis. The details regarding ratio are given.

From the following information, complete the Balance Sheet Equity 500,000, Current Liabilities to Total Debt Ratio 30%, Total Total Debt to Equity 70%, Asset Turnover Ratio 3 Times, Fixed Assets To Equity Ratio 70%, Inventory Tumover 6 Times, Collection period is 8 days. Net income 20% from sales, the number of issued ordinary shares is 100, noting that the current price of the share in the market is 60% greater than the book value of the share. 1 Add file cash amount Your answer

From the following information, complete the Balance Sheet Equity 500,000, Current Liabilities to Total Debt Ratio 30%, Total Total Debt to Equity 70%, Asset Turnover Ratio 3 Times, Fixed Assets To Equity Ratio 70%, Inventory Tumover 6 Times, Collection period is 8 days. Net income 20% from sales, the number of issued ordinary shares is 100, noting that the current price of the share in the market is 60% greater than the book value of the share. 1 Add file cash amount Your answer

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 17BEA: Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of...

See similar textbooks

Similar questions

Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a days’ sales outstanding of 36.5 days (based on a 365-day year), total current assets of $810,000, and cash and marketable securities of $120,000. What were Kretovich’s annual sales?
Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of 8,125,000, and total assets of 40,625,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.
Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of 75,000,000, and total assets of 169,000,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.
James Corporation earned net income of $90,000 this year. The company began the year with 600 shares of common stock and issued 500 more on April 1. They issued $5,000 in preferred dividends for the year. What is the EPS for the year for James (rounded to the nearest dollar)?