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
Related questions
Question
Practice Pack
Transcribed Image Text:Accounts Receivable = 900,000
Current liabilities = 2,000,000
Inventory = 800,000
Long-term liabilities = 500,000
Cash = 600,000
Benefits = 840000
Investments = 700,000
Gross Profit = 2,000,000
Fixed assets = 2,000,000
Operational net profit = 1200000
Equity = 8000000
Sales = 4000000
Earnings before interest and taxes = 3240000
Profit after tax = 10o00000
Calculate the following ratios
1. current ratio
2. Quick Liquidity Ratio
3. cash ratio,
4. Ratio of total debt to total assets?
5. The ratio of total debt to equity,
6. Number of times interest is covered
7. „Receivable turnover rate
8. . Fixed Asset Turnover
9.. Total Asset Turnover
gross profit margin
Operations Profit Margin Ratio,
10.
11.
12.
net profit margin ratio,
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Includes step-by-step video
Learn your way
Includes step-by-step video
Step by step
Solved in 4 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education