Week $6$ Assignment $2$: Ratios

Opened: Monday, June $3,2024,12$:$00$ AM

Due: Friday, June $14,2024,12$:$00$ AM

Cash $=$$$2,500,000$; Accounts Receivable $=$$$500,000$; Equipment $=$$$2,000,000$; Accounts Payable $=$ $$1,500,000$; Mortgage Payable $=$$$1,000,000$; Inventory $=$$$1,000,000$; Net Sales on Account $=$$$10,000,000$; Net Sales $($Total$)=$$$11,000,000$; Cost of Goods Sold $=$$$6,800,000$; Net Income $=$$$700,000$; Stockholders Equity $=$$$12,000,000$; Common Shares Outstanding $=400,000$; Corporate Income Tax $=$$$300,000$; Interest Expense $=$$$160,000$; Market Price Per Share $=$$$15$

Required: Find: a$)$ Current Ratio; b$)$ Quick Ratio; c$)$ A$/$R Turnover; d$)$ Inventory Turnover; e$)$ Asset Turnover; f$)$ Profit Margin $\%$; g$)$ ROA; h$)$ ROE; i$)$ EPS; j$)$ TIE Ratio; k$)$ P$/$E Ratio; $|$J Debt to Equity Ratio