Question: Hi experts, Please help with the following problems: Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash50Accountspayable42 Accounts receivable 22Notes payable/short-term debt7 Inventories 17 Total

Hi experts, Please help with the following problems:

Balance Sheet

Assets Liabilities

Current Assets Current Liabilities

Cash50Accountspayable42

Accounts receivable 22Notes payable/short-term debt7

Inventories 17

Total current assets 89 Total current liabilities 49

Long-Term Assets Long-Term Liabilities

Net property, plant,

and equipment 121Long-term debt128

Total long-term assets121 Total long-term liabilities128

Total Liabilities 177

Stockholders' Equity 33

Total Assets 210Total Liabilities and 210

Stockholders' Equity

Q.1. What is the current ratio for the company?

Q.2. What is the quick ratio for the company?

Q.3. What is the Book Debt to Equity ratio for the company?

Use the table for the question(s) below.

Income Statement for Xenon Manufacturing:

2008 2009

Total sales 202 212

Cost of sales -148 -172

Gross Profit 54 40

Selling, general,

and administrative expenses -22 -20

Research and development -8 -7

Depreciation and amortization -4 -3 Operating Income 20 10

Other income 4 6

Earnings before interest

and taxes (EBIT) 24 16

Interest income (expense) -7 -4

Pretax income 14 12

Taxes -4 -3

Net Income 10 9

Q.4. Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. Calculate the gross margin for 2009.

Q.5. Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. Calculate the operating margin for 2008.

Q.6. If the total assets of Xenon Manufacturing are $190 million in the year 2008, What is the Return on Assets (ROA) for the firm for 2008 ?

Q.7. If the value of inventory of Xenon Manufacturing is $ 60 million in 2008 what is the Inventory Turnover Ratio for the company in that year?

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