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b. Debt-to-equity ratio.

b. Debt-to-equity ratio.

FINANCIAL ACCOUNTING
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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Pls answer the number 3 letters a and b with solutions
b. Current ratio. c. Acid-test ratio. d. Accounts receivable turnover. e. Average collection period. f. Inventory turnover. g. Average sale period. 2. Selected data from the Company are presented below: Total assets Average assets Net income P1,600,000 1,750,000 245,000 Net sales Average common stockholders' equity Net cash provided by operating activities 1,225,000 1,000,000 294,000 Calculate the following profitability ratios. a. Profit margin b. Asset turnover c. Return on assets d. Return on common stockholders' equity ABAY e. Cash return on sales 3. The Corporation's net operating income last year was P103,000; its interest expense was P17,000; its total stockholders' equity was P1,260,000; and its total liabilities were P380,000. Compute the following: a. Times interest eamed. b. Debt-to-equity ratio.
Transcribed Image Text:b. Current ratio. c. Acid-test ratio. d. Accounts receivable turnover. e. Average collection period. f. Inventory turnover. g. Average sale period. 2. Selected data from the Company are presented below: Total assets Average assets Net income P1,600,000 1,750,000 245,000 Net sales Average common stockholders' equity Net cash provided by operating activities 1,225,000 1,000,000 294,000 Calculate the following profitability ratios. a. Profit margin b. Asset turnover c. Return on assets d. Return on common stockholders' equity ABAY e. Cash return on sales 3. The Corporation's net operating income last year was P103,000; its interest expense was P17,000; its total stockholders' equity was P1,260,000; and its total liabilities were P380,000. Compute the following: a. Times interest eamed. b. Debt-to-equity ratio.
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