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.
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 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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Related Book For
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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