Refer to the preceding balance sheet and income statement for Greenfern Corporation for the fiscal year ended

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Refer to the preceding balance sheet and income statement for Greenfern Corporation for the fiscal year ended July 31, 2014. Calculate the following ratios:

a. Inventory turnover

b. Days' sales outstanding.

c. Total asset turnover.

d. Fixed asset turnover.

e. Total debt ratio.

f. Debt-to-equity ratio.

g. Times interest earned ratio.

h. Cash coverage ratio?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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