Question: table [ [ Long - term debt ratio, 0 . 3 ] , [ Times interest earned, 1 0 . 0 ] , [
![\table[[Long-term debt ratio,0.3],[Times interest earned,10.0],[Current ratio,1.4],[Quick ratio,1.0],[Cash ratio,0.4],[Inventory turnover,5.0],[Average collection period,73](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66629407bb585_45466629406dd5b0.jpg)
tableLongterm debt ratio,Times interest earned,Current ratio,Quick ratio,Cash ratio,Inventory turnover,Average collection period, days
Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using startofyear, not average, values.
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Income
Statement
Balance Sheet
Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using startofyear, not average, values.
Note: Enter your answers in millions. Round intermediate calculations and final answers to decimal places.
tableBALANCE SHEETFigures in $ millionsThis Year,Last YearAssetsCash and marketable securities$Accounts receivable,,,InventoriesTotal current assets,,$Net property, plant, and equipment,,,Total assets,,$Liabilities and shareholders' equityAccounts payable,$Notes payable,Total current liabilities,,$Longterm debt,Shareholders equity,Total liabilities and shareholders' equity,$$
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