Question: Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal places. Firm Industry Average Current ratio Debt to total

Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal  Balance Sheet as of December 31, 2021 (millions of dollars) $ 50 Accounts payable 53 Other current Income Statement for Year Ended December 31, 2021 (millions of dollars) $ 705.00 540.00 $ 165.00 87.50 77.50

Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal places. Firm Industry Average Current ratio Debt to total capital Times interest earned EBITDA coverage Inventory turnover Days sales outstanding Fixed assets turnover Total assets turnover Profit margin Return on total assets Profit margin Total assets turnover X Equity multiplier x days X X 4 x % 5.50% % 22.00% Return on common equity % 22.70% Return on invested capital % 21.30% Construct a DuPont equation, and the industry. Do not round intermediate calculations. Round your answers to two decimal places. Firm % 2x X 18% 7x 9x 9x 20 days 7x Industry 5.50% 4x X Balance Sheet as of December 31, 2021 (millions of dollars) $ 50 Accounts payable 53 Other current liabilities 122 Notes payable $225 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity Cash and equivalents Accounts receivables Inventories Total current assets Gross fixed assets Less depreciation Net fixed assets Total assets 182 77 $105 $330 $ 30 10 36 $76 17 $93 73 164 $237 $330 Income Statement for Year Ended December 31, 2021 (millions of dollars) $ 705.00 540.00 $ 165.00 87.50 77.50 16.00 61.50 6.50 55.00 13.75 41.25 Net sales Cost of goods sold Gross profit Selling expenses EBITDA Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (25%) Net income $ $ $ $

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Current ratio can be calculated as Current Assets Current Liabilities Substituting the values Current Ratio 225 76 296 Debt to Capital ratio can be ca... View full answer

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