9. Calculate the following: (do notbe alarmed if the ratios lookout 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 totalassets/indicate what it means• Net receivables $5,000,000/net credit revenue/Number of daysin period $1,500,000(indicate what it means)• Current assets$6,000,000/Current liabilities $2,000,000(indicatewhat it means)

Ratio - It is an comparison of two or more data used in financial statements to analyze the company…

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)

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

Section: Chapter Questions

Problem 1Q

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