FIN 1013 Assignment # 1
Group #	2
The following account information was taken from Saber Company's latest income statement
Revenue	632.000
Cost of sales	328.100
Selling and marketing expenses	108.800
Adminsitrative expenses	98.000
Interest expenses	17.500
The company's income tax rate is:	28%
Additionally, the following account information was taken from Saber Company's latest Statement of Financial Position
Cash	26.100
Marketable securities	45.000
Trade receivables	28.500
Prepaid expenses	11.000
Inventories	41.400
Equipment (net)	62.000
Building (net)	186.200
Trade/other payables	24.100
Notes payable (due in 1 year)	40.000
Accruals	17.000
Income tax payable	8.000
Loan payable (long term)	105.000
Common Shares	127.600
Retained earnings	78.500
Calculate the following ratios and compare against insdustry benchmark
(Note: 2 digits after decimal)
					RUBRICS
			Benchmark
1)current ratio			1,5		1	.5 for # and .5 for F/U
2)debt ratio			45%		1
3) times-interest-earned ratio			5	times	1
4) average collection period			20	days	1
5)inventory turnover ratio			7,5	times	1
6) total asset turnover ratio			1,5	times	1
7) Return on Assets ratio			11%		1
8) Profit margin on revenue			14%		1
9) Return on equity ratio			30%		1
10) Quick ratio			1,25		1