Question: Tribke Enterprises collected the following data from its financi

Tribke Enterprises collected the following data from its financial reports for 20X3:
Stock price ............. $18.37
Inventory balance .........$300,000
Expenses (excluding OGS) .... $1,120,000
Shares outstanding .........290,000
Average issue price of shares ..... $5.00
Gross margin .......... % 40%
Interest rate ............ 8%
TIE ratio ..............8
Inventory turnover ..........12*
Current ratio.............1.5
Quick ratio..............0.75
Fixed asset turnover .........1.5
Complete the following abbreviated financial statements, and calculate per share ratios indicated.
INCOME STATEMENT
Revenue ...... ________
COGS ........... ________
GM ...................... ________
Expense................ ________
EBIT ...... ________
Interest ....... ________
EBT ........ ________
Tax ....... ________
EAT......... ________

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  • CreatedSeptember 13, 2012
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