Given the following details, what is Layla Inc.’s debt ratio? Sales/Total assets - 1.5x Return on assets - 3% Return on equity - 5%
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Given the following details, what is Layla Inc.’s debt ratio?
Sales/Total assets - 1.5x
Return on assets - 3%
Return on equity - 5%
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Solved in 2 steps
- Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was 82.60 on December 31, 20Y2. Instructions Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days sales in receivables 6. Inventory turnover 7. Number of days sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders equity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders equity 14. Return on common stockholders equity 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yieldErnst 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.Assume you are given the following relationships for the Haslam Corporation: Calculate Haslam’s profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in the form of debt. Calculate the debt-to-assets ratio.
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- The following is selected financial data from Block Industries: How much does Block Industries have in current liabilities? A. $19,800 B. $18,300 C. $12,300 D. $25,800Accounting XYZ Company has the following information: Total Assets $500,000, Total Liabilities $200,000, and Equity $300,000. Calculate the debt-to-equity ratio and the equity multiplier.XYZ Company reported the following information: Total Assets $500,000, Total Liabilities $200,000, and Equity $300,000. Calculate the debt-to-equity ratio and the equity multiplier.
