Question: engeneering economics Problem 2 . 4 The balance sheet that follows summarizes the financial conditions for Flex Inc., an electronic outsourcing contractor, for fiscal -

engeneering economics Problem 2.4 The balance sheet that follows summarizes the financial conditions for Flex Inc., an
electronic outsourcing contractor, for fiscal-year 2009. Unlike Nano Network Corporation in
Problem 2.3, Flex has reported a profit for several years running. The closing stock price for Flex
Inc. was $65.00(split adjusted) on December 31,2009.Compute the following financial ratios
for the fiscal-year 2009.
(a) Debt ratio
(b) Times-interest-earned ratio
(c) Current ratio
(d) Quick (acid-test) ratio
(e) Inventory turnover ratio
(f) Days sales outstanding
(g) Total assets turnover
(h) Profit margin on sales
(i) Return on total assets
(j) Return on common equity
(k) Price-to-earnings ratio
(l) Book value per share

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