Solve for the following ratios for 2016.

1) Inventory Turnover Ratio

2) DSO

3) Fixed Asset Turnover Ratio

4) Total asset turnover ratio

5) Debt-to-capital ratio

6) Times-interest earned ratio

 

Transcribed Image Text:

BALANCE SHEET Cash A/R Inventories Total CA Gross FA Less: Deprec. Net FA Total Assets 2016E 85,632 878,000 1,716,480 Interest exp. EBT Taxes Net income 7,282 632,160 1,287,360 1,926,802 1,202,950 263,160 939,790 3,497,152 2,866,592 2,680,112 1,197,160 Sales COGS Other expenses 380,120 817,040 EBITDA Deprec. & amort. EBIT 2015 2016E 7,035,600 5,875,992 Accts payable Accruals Notes payable Total CL Long-term debt 550,000 609,608 116,960 492,648 70,008 422,640 169,056 253,584 Common stock Retained earnings Total Equity Total L & E 2015 6,034,000 5,528,000 519,988 (13,988) 116,960 (130,948) 136,012 (266,960) (106,784) (160.176) Liabilities and OE 2016E 436,800 408,000 300,000 400,000 2015 231.176 524,160 1,144,800 1,650,568 1.952.352 489,600 636,808 1,721,176 460,000 723,432 32.592 492.592 3,497,152 2,866,592 BALANCE SHEET Cash A/R Inventories Total CA Gross FA Less: Deprec. Net FA Total Assets 2016E 85,632 878,000 1,716,480 Interest exp. EBT Taxes Net income 7,282 632,160 1,287,360 1,926,802 1,202,950 263,160 939,790 3,497,152 2,866,592 2,680,112 1,197,160 Sales COGS Other expenses 380,120 817,040 EBITDA Deprec. & amort. EBIT 2015 2016E 7,035,600 5,875,992 Accts payable Accruals Notes payable Total CL Long-term debt 550,000 609,608 116,960 492,648 70,008 422,640 169,056 253,584 Common stock Retained earnings Total Equity Total L & E 2015 6,034,000 5,528,000 519,988 (13,988) 116,960 (130,948) 136,012 (266,960) (106,784) (160.176) Liabilities and OE 2016E 436,800 408,000 300,000 400,000 2015 231.176 524,160 1,144,800 1,650,568 1.952.352 489,600 636,808 1,721,176 460,000 723,432 32.592 492.592 3,497,152 2,866,592

Answer rating: 100% (QA)

1 Inventory Turnover Ratio Inventory Turnover ratioCOGSAverage ... View the full answer