Assets Cash and marketable securities Accounts receivable Inventories Total current assets Net plant and equipment Goodwill and other assets Total assets $ 23,015 141,258 212,444 $ 376,717 711,256 89,879 $1,177,852 Liabilities and Stockholders' Equity Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total liabilities and stockholders' equity $ 163,257 21,115 $ 184,372 168,022 $ 352,394 313,299 512,159 $1,177,582
Assets Cash and marketable securities Accounts receivable Inventories Total current assets Net plant and equipment Goodwill and other assets Total assets $ 23,015 141,258 212,444 $ 376,717 711,256 89,879 $1,177,852 Liabilities and Stockholders' Equity Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total liabilities and stockholders' equity $ 163,257 21,115 $ 184,372 168,022 $ 352,394 313,299 512,159 $1,177,582
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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Question
Additionally, the company informed the following:
- Net income = $156,042
- Sales = $4,063,589
Determine the following values for the company:
- Total asset turnover ratio _____________
- Fixed asset turnover ratio _____________
Transcribed Image Text:Assets
Cash and marketable
securities
Accounts receivable
Inventories
Total current assets
Net plant and equipment
Goodwill and other assets
Total assets
$ 23,015
141,258
212,444
$ 376,717
711,256
89,879
$1,177,852
Liabilities and Stockholders'
Equity
Accounts payable
Notes payable
Total current liabilities
Long-term debt
Total liabilities
Common stock
Retained earnings
Total liabilities and
stockholders' equity
$ 163,257
21,115
$ 184,372
168,022
$352,394
313,299
512,159
$1,177,582
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