Question: pleaae answer question #6 Robert Manufacturing Balance Sheet December 31, 2000 (Els in Thousands) 5200 240 Cash Receivables Taventory Total current Net fixed assets 31.070
Robert Manufacturing Balance Sheet December 31, 2000 (Els in Thousands) 5200 240 Cash Receivables Taventory Total current Net fixed assets 31.070 Accounts payable Nous payable Other current liabilities Total current liabilities Long term debt Common equity Total liabilities and equity $ 205 425 LIS $ 745 420 1.105 $22.70 1,200 Total assets 2270 ANALYSIS OF FINANCIAL STATEMENTS $2.400 Roberts Manufacturing Income Statement for Year Ended December 31, 2000 (Dollars in Thousands) Sales Cost of goods sold: Materials $1,000 Labor 600 Hent, light, and power 89 Indirect labor 65 Depreciation 80 Gross profit Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (40%) Net income (NI) 1.834 $ 566 175 216 $ 175 35 $ 140 56 $_84 5. Calculate the liquidity ratios, that is, the current ratio and the quick ratio. a. 1.20;0.60 b. 1.20; 0.80 1.44; 0.60 d. 1.44:0.80 e. 1.60;0.60 6. Calculate the asset management ratios, that is, the inventory turnover ratio, fixed assets turnover, total assets turnover, and days sales outstanding. 43.84; 2.00; 1.06; 36.75 days b. 3.84; 2.00; 1.06; 35.25 days c. 3.84; 2.00; 1.06; 34.10 days d. 3.84; 2.00; 1.24; 34.10 days e. 3.84;2.20; 1.48; 34.10 days 7. Calculate the debt management ratios, that is, the debt and times-interest-earned ratios a. 0.39; 3.16 b. 0.39; 5.00 c. 0.51; 3.16 d. 0.51; 5.00 e. 0.73
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