Format the ratios as fixed or percent with the appropriate number of decimals. To get you started
Question:
Format the ratios as fixed or percent with the appropriate number of decimals. To get you started on the first ratio (Return on Investment, net income is calculated as the sum of the revenue and expense accounts. Average Owners' Equity is (Beginning Owners' Equity plus Ending Owners' Equity) divided by 2. Beginning owners' equity was $627,453
PLEASE CALCULATE
1) ROI Return on Investment = Net Income/Avg. Owners Equity = x%
2) GM% Gross Margin % = Gross Margin/Net Sales = x%
3) CR Current Ratio = Current Assets/Current Liabilities = x
Consider notes payable in the long term.
4) DE Debt-to-Equity = Total liabilities/owners' equity = x%
5) EPS Net Income / # of Common Stock outstanding = x
CS Outstanding = 5000 shares
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw