Bavarian Sausage, Inc. posted the following balance sheet and income statement: Income Statement Sales........................................................$525,000 Cost of goods
Question:
Bavarian Sausage, Inc. posted the following balance sheet and income statement:
Income Statement
Sales........................................................$525,000
Cost of goods sold..........................................215,000
Depreciation..................................................65,000
Earnings before interest and taxes.......................245,000
Interest expense..................35,000...........................
Net profit before taxes....................................210,000
Taxes (@ 40%)..............................................84,000
Net income................................................$126,000
What is Bavarian Sausage, Inc.'s quick ratio?
What is Bavarian Sausage, Inc.'s net profit margin?What is Bavarian Sausage, Inc.'s debt-equity ratio?Calculate Bavarian Sausage, Inc.'s return on assets.Calculate Bavarian Sausage, Inc.'s inventory turnover.Calculate Bavarian Sausage, Inc.'s return on equity.
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