Using the information, what is the Profit Margin?

Using the information, what is the Receivable Turnover?

Using the information, what is the current ratio?

Using the information, what is the debt ratio (Total debt to asset)?

Using the information, what is the return on asset ratio?

Using the information, what is the Return on Equity Ratio?

Using the information, what is the Quick ratio?

Using the information, what is the Inventory Turnover Ratio?

 

Transcribed Image Text:

Use the following Income and Balance Sheet for Questions Balance Sheet Assets Total CA Cash Net Receivables Inventory Prepaid Liabilities Gross Plant & Equip Accumulated Dep. Net Plant & Equip Other Assets Total Assets Notes Payable Accounts Payable Taxes Payable Accrued Expenses $ 89,469.00 $ 55,514.00 $ $ 322,433.00 8,775.00 $ 476,191.00 $ 955,661.00 $ 338,513.00 $ 617,148.00 $ 24,621.00 $1,117,960.00 $ 1,127.00 $ 144,638.00 $ 16,797.00 $ 98,233.00 Income Statement Gross Profit Net Income Sales COGS $1,968,016.00 $1,466,733.00 $ 501,283.00 Selling/G&A $ 361,402.00 Depreciation $ 35,700.00 Oper Income $ 104,181.00 EBIT Interest Exp $ 6,234.00 Other Expen $ 14,124.00 EBT $ 83,823.00 Taxes $ 24,701.00 $ 59,122.00 Use the following Income and Balance Sheet for Questions Balance Sheet Assets Total CA Cash Net Receivables Inventory Prepaid Liabilities Gross Plant & Equip Accumulated Dep. Net Plant & Equip Other Assets Total Assets Notes Payable Accounts Payable Taxes Payable Accrued Expenses $ 89,469.00 $ 55,514.00 $ $ 322,433.00 8,775.00 $ 476,191.00 $ 955,661.00 $ 338,513.00 $ 617,148.00 $ 24,621.00 $1,117,960.00 $ 1,127.00 $ 144,638.00 $ 16,797.00 $ 98,233.00 Income Statement Gross Profit Net Income Sales COGS $1,968,016.00 $1,466,733.00 $ 501,283.00 Selling/G&A $ 361,402.00 Depreciation $ 35,700.00 Oper Income $ 104,181.00 EBIT Interest Exp $ 6,234.00 Other Expen $ 14,124.00 EBT $ 83,823.00 Taxes $ 24,701.00 $ 59,122.00

Answer rating: 100% (QA)

Profit margin Profit margin Net income Revenue Net income 59122 Revenue 1968016 Hence Profit margin ... View the full answer