Based on the Information provided, please find all the requirements. Please don't forget to show the equation so I can understand how you used the numbers, but make it as simple as you can! Thanks

Transcribed Image Text:

ROE=((Shareholders' Equity)/Net Income)100 ROA=(Net Income/ Total Assets) 100 ROI-(Net Income-Cost of Investment)/ Cost of Investment 100 . Current ratio= current assets/current liabilities Quick ratio = (current assets - inventory)/current liabilities Debt to equity ratio = Total debt/shareholders equity Interest coverage = operating income/interest expense Important ratios Inventory turnover = COGS/Average inventory Accounts receivable turnover = total revenue/average accounts receivable Payable turnover = credit purchases/average accounts payable ROE=((Shareholders' Equity)/Net Income)100 ROA=(Net Income/ Total Assets) 100 ROI-(Net Income-Cost of Investment)/ Cost of Investment 100 . Current ratio= current assets/current liabilities Quick ratio = (current assets - inventory)/current liabilities Debt to equity ratio = Total debt/shareholders equity Interest coverage = operating income/interest expense Important ratios Inventory turnover = COGS/Average inventory Accounts receivable turnover = total revenue/average accounts receivable Payable turnover = credit purchases/average accounts payable

Answer rating: 100% (QA)

To calculate the financial ratios based on the provided income statement and balance sheet data we c... View the full answer