able e icon located on the top-right comer of the data table below in order to a
ID: 2817767 • Letter: A
Question
able e icon located on the top-right comer of the data table below in order to a spreadsheet.) Zach Industries Income Statement for the Year Ended December, 31, 2019 Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses $160,400 106,100 $54,300 Selling expense General and administrative expenses Lease expense $16,300 9,900 970 Depreciation expense 10,400 Total operating expense $37,570 Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes 6,300 $10,430 4,370 $6,060 Zach Industries Balance Sheet December 31, 2019 Assets Print DoneExplanation / Answer
Debt ratio = Total liabilties/ total assets = (69,100+22930)/ 149,290 = 0.616 = 61.6%
Times interest earned = EBIT/ interest expense = 16,730/6300 = 2.7
Gross profit margin = Gross profit/ total revenue = 54300/160400 = 33.9%
Net profit margin = Net income/total revenue = 6060/160400 = 3.8%
Return on assets = Net income/total assets = 6060/149290 = 4.1%
Return on equity = Net income/total equity = 6060/(31700+25560) = 10.6%
Book value per share = Total common equity/ number of shares = 31700/2500 = 12.68
Market to book value ratio = Market value per share. book value per share = 34/12.68 = 2.68
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