Your corporation had net sales of $1,200,000 for 2018. During that time average receivables were $30,000. What is the average collection period for your corporation in 2018 based on 365 days? Please show your ratio and calculations in the space provided.

2) Cash Coverage Ratio

Earnings Before Interest and Taxes (EBIT) is $3,276.92, interest expense is $300, and depreciation expense is $200 for 2018. What is the cash coverage ratio for your corporation? Please show your ratio and calculations in the space provided.

3) Profit Margin Ratio

Your corporation has a return on assets of 6.00% for 2018, sales of $10,000, and total assets of $15,000, and net income of $900. What is the profit margin for 2018? Please show your ratio and calculations in the space provided.

4) Current Ratio

For 2018 your corporation has current assets of $6,120, net fixed assets of $31,720, current liabilities of $4,491, long-term debt of 7,600, and total stockholder's equity of $25,749. What is the current ratio for 2018? Please show your ratio and calculations in the space provided.

5) Quick Ratio

For 2018 your corporation has current assets of $6,120 which includes inventory of $1,885, net fixed assets of $31,720, current liabilities of $4,491, long-term debt of 7,600, and total stockholder's equity of $25,749. What is the quick ratio ratio for 2018? Please show your ratio and calculations in the space provided.

6) Total Debt Ratio

For 2018 your corporation has current assets of $6,120, net fixed assets of $31,720 (which equals total assets of $37,840), current liabilities of $4,491, long-term debt of $7,600 (which equals total liabilities of $12,091), and total stockholder's equity of $25,749. What is the total debt ratio for 2018? Please show your ratio and calculations in the space provided.

7) Debt To Equity Ratio

For 2018 your corporation has current assets of $6,120, net fixed assets of $31,720 (which equals total assets of $37,840), current liabilities of $4,491, long-term debt of $7,600 (which equals total liabilities/debt of $12,091), and total stockholder's equity of $25,749. What is the debt to equity ratio for 2018? Please show your ratio and calculations in the space provided.

8) Times Interest Earned Ratio

Your corporation Income Statement for 2018 has Earnings Before Interest and Taxes (EBIT) of $2,510 and interest expense of $850. What is the times interest earned ratio for 2018? Please show your ratio and calculations in the space provided.

9) Inventory Turnover Ratio

Your corporation Income Statement for 2018 has cost of goods sold of $5,225. The Balance Sheet for 2018 has an inventory of $1,885. What is the inventory turnover for 2018? Please show your ratio and calculations in the space provided.

10) Return on Equity Ratio

Your corporation Income Statement for 2018 has a net income of $1,079. The Balance Sheet for 2018 has total stockholders equity of $14,749. What is the return on equity ratio for 2018? Please show your ratio and calculations in the space provided.

Answer rating: 100% (QA)

1 Average Collection Period Average Collection Period Average Receivables Net Sales 365 Given Net Sa... View the full answer