Selected comparative financial data (in thousands, except for share price) for Cineplex Inc. are shown below. Instructions

Question:

Selected comparative financial data (in thousands, except for share price) for Cineplex Inc. are shown below.

Selected comparative financial data (in thousands, except for share price)

Instructions
(a) Calculate the following ratios for 2014:
1. Asset turnover
2. Current ratio
3. Debt to total assets
4. Earnings per share
6. Interest coverage
7. Price-earnings ratio
8. Profit margin
9. Return on assets
10. Free cash flow
(b) Indicate whether each of the above ratios is a measure of liquidity (L), solvency (S), or profitability (P).

Solvency
Solvency means the ability of a business to fulfill its non-current financial liabilities. Often you have heard that the company X went insolvent, this means that the company X is no longer able to settle its noncurrent financial...
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Accounting Principles

ISBN: 978-1119048473

7th Canadian Edition Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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