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

Instructions

a. Calculate the following ratios for 2017:

1. Asset turnover 6. Interest coverage

2. Current ratio 7. Price-earnings ratio

3. Debt to total assets 8. Profit margin

4. Earnings per share 9. Return on assets

5. Free cash flow 10. Return on equity

b. Indicate whether each of the above ratios is a measure of liquidity (L), solvency (S), or profitability (P).

2017 2016 $1,555,067 $1.478,326 18,936 31,327 Revenue Interest expense Income tax expense 22,734 27,490 Profit 70,346 245,172 77,991 Total current assets 182,187 Total assets 1,855,168 1,728,186 Total current liabilities 515,324 1,143,392 402,039 Total liabilities 976,291 Total shareholders' equity Cash provided by operating activities Cash used by investing activities Market price per share Weighted average number of common shares 711,776 751,895 154,352 166,014 199,547 135,040 48.47 36.74 63,474 63,451