Financial information is given below

 

Required

What is the Debt to Equity ratio for 2016?

What is the Profit Margin for 2016?

What is the Total Asset Turnover for 2016?
 

Transcribed Image Text:

Assets Cash A/R Inventory Total Net Fixed Assets Total Assets Liabilities Accounts Payable Notes Payable Total Long-Term Debt Common Stock Retained Earnings Sales Sales Cost of Goods Sold Depreciation EBIT Interest Taxes Net Income 2015 $45.00 $156.00 $50.00 $331.00 $211.00 $592.00 $1,000.00 $1,200.00 $1,335.00 $1,792.00 $134.00 $335.00 $310.00 $150.00 2016 $460.00 $500.00 $400.00 -$25.00 $1,335.00 $392.00 $125.00 $517.00 $750.00 $400.00 $125.00 $1,792.00 $1,814.00 $1,451.20 $200.00 $162.80 $40.00 $65.12 $57.68 Assets Cash A/R Inventory Total Net Fixed Assets Total Assets Liabilities Accounts Payable Notes Payable Total Long-Term Debt Common Stock Retained Earnings Sales Sales Cost of Goods Sold Depreciation EBIT Interest Taxes Net Income 2015 $45.00 $156.00 $50.00 $331.00 $211.00 $592.00 $1,000.00 $1,200.00 $1,335.00 $1,792.00 $134.00 $335.00 $310.00 $150.00 2016 $460.00 $500.00 $400.00 -$25.00 $1,335.00 $392.00 $125.00 $517.00 $750.00 $400.00 $125.00 $1,792.00 $1,814.00 $1,451.20 $200.00 $162.80 $40.00 $65.12 $57.68

Answer rating: 100% (QA)

Calculate the DebttoEquity ratio for 2016 Total Debt LongTerm Debt Notes Payable Total D... View the full answer