The following are the values for the month. Calculate the following ratios based on this data Sales 860000 Gross profit 215000 Net profit 77400 Current assets 162000 Current liabilities 81000 Closing stock 64800 Ordinary Share capital 800,000 Long-term loan 516000 Retained Earnings 232000 Q) Calculate Debt/Equity, gross profit ratio and current ratio

The following are the values for the month. Calculate the following ratios based on this data Sales 860000 Gross profit 215000 Net profit 77400 Current assets 162000 Current liabilities 81000 Closing stock 64800 Ordinary Share capital 800,000 Long-term loan 516000 Retained Earnings 232000 Q) Calculate Debt/Equity, gross profit ratio and current ratio

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 2P

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Juroe Company provided the following income statement for last year: Juroes balance sheet as of December 31 last year showed total liabilities of 10,250,000, total equity of 6,150,000, and total assets of 16,400,000. Required: Note: Round answers to two decimal places. 1. Calculate the times-interest-earned ratio. 2. Calculate the debt ratio. 3. Calculate the debt-to-equity ratio.
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. Required: 1. Calculate the average common stockholders equity. 2. Calculate the return on stockholders equity.
Juroe Company provided the following income statement for last year: Juroes balance sheet as of December 31 last year showed total liabilities of 10,250,000, total equity of 6,150,000, and total assets of 16,400,000. Required: 1. Calculate the return on sales. (Note: Round the percent to two decimal places.) 2. CONCEPTUAL CONNECTION Briefly explain the meaning of the return on sales ratio, and comment on whether Juroes return on sales ratio appears appropriate.
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