Question: Below is selected financial data on Peter Parker Insect Control Company. Net profit margin: 18.6% COGS $4,464,000 Addition to retained earnings: $461,860 Current ratio: 2.1

 Below is selected financial data on Peter Parker Insect Control Company.

Below is selected financial data on Peter Parker Insect Control Company. Net profit margin: 18.6% COGS $4,464,000 Addition to retained earnings: $461,860 Current ratio: 2.1 Price-earnings ratio: 14 Current liabilities: $510,000 Fixed asset turnover: 1.5 Gross margin: 28% Equity multiplier: 1.6 Common shares: 325,000 Determine the following (show all calculations): a. Fixed assets (2 points)- round to nearest $ b. Total assets (2 points)- round to nearest $ C. Total liabilities (2 points) - round to nearest $ d. Return on equity (2 points) use 2 decimals e. Share price (2 points) - use 2 decimals

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!