Question: Base on the below financial statement, calculate 1. Current ratio 2. Inventory turnover 3. Fixed asset turnover 4. Debt ratio 5. Time interest earned 6.
Base on the below financial statement, calculate
1. Current ratio
2. Inventory turnover
3. Fixed asset turnover
4. Debt ratio
5. Time interest earned
6. Debt to equity
7. Return on investment
8. Net profit margin
ASSETS Cash Marketable securities Account Receivables Inventories Net Fixed Assets TOTAL ASSETS 41,700,000 2,200,000 LIABILITIES AND EQUITIES Account payable Notes payable Long term debts Common Stock Retained Earnings Sales 55,000,000 COGS 25,000,000 Gross Profit 30,000,000 Operating expenses 20,000,000 EBIT 10,000,000 Interest 1,500,000 EBT Tax Net Profit 6,000,000 3,500,000 9,400,000 1,600,000 25,000,000 TOTAL LIABILITIES AND EQUITIES 41,700,000 3,100,000 1,500,000 15,000,000 20,000,000 2,100,000 AA Bhd Income Statement for the year 2021 RM 8,500,000 2,500,000
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