This is Stewart Company Balance Sheet Assets: Cash & Marketable Securities $600,000 Accounts Receivable 900,000 Inventories 1,500,000
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This is Stewart Company Balance Sheet
Assets: | ||
Cash & Marketable Securities | $600,000 | |
Accounts Receivable | 900,000 | |
Inventories | 1,500,000 | |
Prepaid Expenses | 75,000 | |
Total Current Assets | $3,075,000 | |
Fixed Assets | 8,000,000 | |
Less: Accum. Depr | (2,075,000) | |
Net Fixed Assets | $5,925,000 | |
Total Assets | $9,000,000 | |
Liabilities: | ||
Accounts Payable | 800,000 | |
Notes Payable | 700,000 | |
Accrued Taxes | 50,000 | |
Total Current Liabilities | $1,550,000 | |
Long-Term Debt | 2,500,000 | |
Owner's Equity ( 1 million shares of common stock outstanding) | 4,950,000 | |
Total Liabilities & Owner's Equity | $9,000,000 | |
Net Sales (All Credit) | $10,000,000 | |
Less: Cost of Goods Sold | (3,000,000) | |
Selling & Administrative Expense | (2,000,000) | |
Depreciation Expense | (250,000) | |
Interest Expense | (200,000) | |
Earning Before Taxes | 4,550,000 | |
Income Taxes | (1,820,000) | |
Net Income | $2,730,000 |
Based on the information in Stewart Company Balance Sheet, what is the fixed asset turnover ratio?
Based on the information in Stewart Company Balance Sheet, what is the total asset turnover ratio?
Based on the information in Stewart Company Balance Sheet, what is the operating profit margin?
Based on the information in Stewart Company Balance Sheet, and assuming the company's stock price is $30 per share, what is the P/E ratio?
Based on the information in Stewart Company Balance Sheet, what is the inventory turnover ratio?
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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