9. Calculate the following: (do notbe alarmed if the ratios look out of order, they may intentionally be designed this way) • Total liabilities $4,000,000/Unrestricted Fund Balance $4,800,000 (debt to net worth ratio/ indicate what it means) • Operating income $1,000,000/Total operating revenue $6,000,000 (operating margin/indicate what it means) • EBIT $700,000/Total assets $3,000,000 (return on total assets/indicate what it means • Net receivables $5,000,000/net credit revenue/Number of days in period $1,500,000(indicate what it means) • Current assets$6,000,000/Current liabilities $2,000,000(indicate what it means)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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9. Calculate the following: (do notbe alarmed if the ratios look
out of order, they may intentionally be designed this way)
• Total liabilities $4,000,000/Unrestricted Fund Balance
$4,800,000 (debt to net worth ratio/ indicate what it means)
• Operating income $1,000,000/Total operating revenue
$46,000,000 (operating margin/indicate what it means)
• EBIT $700,000/Total assets $3,000,000 (return on total
assets/indicate what it means
• Net receivables $5,000,000/net credit revenue/Number of days
in period $1,500,000(indicate what it means)
• Current assets$6,000,000/Current liabilities $2,000,000(indicate
what it means)
Transcribed Image Text:9. Calculate the following: (do notbe alarmed if the ratios look out of order, they may intentionally be designed this way) • Total liabilities $4,000,000/Unrestricted Fund Balance $4,800,000 (debt to net worth ratio/ indicate what it means) • Operating income $1,000,000/Total operating revenue $46,000,000 (operating margin/indicate what it means) • EBIT $700,000/Total assets $3,000,000 (return on total assets/indicate what it means • Net receivables $5,000,000/net credit revenue/Number of days in period $1,500,000(indicate what it means) • Current assets$6,000,000/Current liabilities $2,000,000(indicate what it means)
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