I need all parsts please Income Statement Balance Sheet Sales Cost of Goods Sold

Question

I need all parsts please

Income Statement Balance Sheet Sales Cost of Goods Sold 20,000,000 Assets: Cash Marketable Securities 12,500,000 Accounts Receivable, net 2,500,000 Inventory Prepaid Expenses Plant & Equipment 30000.000 12,000,000 Selling and Administrative 1,600,000 30,000,000 5,000,000 ,400,000 Interest Taxes (40%) Common Stock Div. 5,400,000 2.160000 3,240,000 600.000 $2,640,000 Total Assets Liabilities and Equity Accounts Pavable Notes Payable Accrued Expenses $20,000,000 5,000,000 5,000,000 Common Stock Capital in Excess of Par Retained Earnings 5,000,000 10,000,000 15,000,000 Total Liabilities and Equity Shares outstanding of common stock 1,000,000 Market price of common stock S18. Use Table 1 for the following 15 questions 1-7. The Total Debt to Total Asset ratio is 1-8. Return on Assets ratio is 1-9. The Total Asset Turnover ratio is 1-10. The Operating Profit Margin is 1-11. The Average Collection Period (365 day year) is 1-12. The Market to Book ratio is 1-13. The Debt to Equity ratio is 1-14. The Inventory Turnover ratio is 1-15. The Return on Equity is

Explanation / Answer

Answer:

Total Debts to Total Asset Ratio = Total Liabilities / Total Assets

Total Debts to Total Asset Ratio = (Accounts Payable + Notes Payable + Accrued Expenses + Bonds / Total Assets = (20000000 + 5000000 + 5000000 + 25000000) / 85000000 = 55000000 / 85000000 = 0.647

Return on Assets Ratio = Net Income / Total Assets = 3240000 / 85000000 = 3.81%

Total Assets Turnover Ratio = Sales / Total Assets = 20000000/85000000 = 0.235

Operating Profit Margin = Net Income / sales = 3240000/20000000 = 16.2%

Average Collection Period = 365 / (Sales / Accounts Receivable ) = 365 /(20000000 / 2500000) = 365 /8 = 45.63 days

Market to Book Ratio = Market Value of shares / Book value of shares

Market to Book Ratio = (1000000 x 18 ) / (5000000 + 10000000 + 15000000 ) = 18000000 / 30000000 = 0.6

Debt to Equity Ratio = Total Liabilities/ Total Equity = 55000000 / 30000000 = 1.83

Inventory Turnover Ratio = Cost of goods sold / Inventory = 8000000 / 30000000 = 0.2667

Return on Equity = Net Income / Total Equity = 3240000 / 30000000 = 10.8%

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.