FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE
9th Edition
ISBN: 9781119595724
Author: Kimmel
Publisher: WILEY C
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Ratio Analysis
Presented below are summary financial data from Porter's annual report:
Amounts in millions
Balance Sheet
Cash and Cash Equivalents
Marketable Securities
Accounts Receivable (net)
Total Current Assets
Total Assets
Current Liabilities
Long-Term Debt-
Shareholders' Equity
Income Statement
Interest Expense
Net Income Before Taxes
b. Quick ratio
$1,850
19,100
9,367
39,088
123,078
38,450
7,279
68,278
Calculate the following ratios:
(Round to 2 decimal points)
a. Times-interest-earned ratio
c. Current ratio
400
14,007
Some selected financial statement items belonging to PXR Company are given
in the table below. According to this information, which of the following is
Return on Assets (ROA) in 2021?
Receivables
18,500
Total Assets
120,000
Current Liabilities
42,000
Shareholders' Equity
85,00
Net Profit
18,000
Consider the given income statement and balance sheet and calculate the following ratios : /5 Return on Assets Return on Equity Debt Ratio Current Ratio Write your comment about each of the ratios calculated what it describes. Following are the Financial Statements of CSU CORPORATION for the year ended Dec. 31, 2020 Assets : 2019 Cash $1400 Accounts Receivable 4000 Supplies 1800 Equipment 16000 Total Assets $23,200 Liabilities and Shareholders’ Equity : Liabilities : Notes Payable $5000 Accounts Payable…
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