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Find 1. Total Debt Ratio 2. Debt to Equity Ratio 3. Net profit Margin

Find 1. Total Debt Ratio 2. Debt to Equity Ratio 3. Net profit Margin

Essentials Of Investments
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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Find 1. Total Debt Ratio 2. Debt to Equity Ratio 3. Net profit Margin Just practice and work check
TABLE 1 INCOME STATEMENT Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes (40%) Net income $4 24,092,400 17,982,000 2,878,800 786,000 2,445,600 434,400 2,011,200 804,480 1,206,720 $4 24 Dividends Add to RE 2$ 246,000 960,720 2$ BALANCE SHEET Liabilities & Equity Current Liabilities Accounts Payable Notes Payable Total CL Assets Current Assets 858,816 1,735,680 2,594,496 $ 2$ 438,048 1,841,616 1,486,200 3,765,864 Cash Accounts rec. 2$ Inventory Total CA 24 Total Long-term debt $ 4,590,000 Fixed assets Net PP&E Shareholder Equity Common stock 24 2$ Retained earnings Total Equity 2$ 14,778,816 180,000 11,180,184 11,360,184 Total L&E 18,544,680 24 18,544,680 Total Assets
Transcribed Image Text:TABLE 1 INCOME STATEMENT Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes (40%) Net income $4 24,092,400 17,982,000 2,878,800 786,000 2,445,600 434,400 2,011,200 804,480 1,206,720 $4 24 Dividends Add to RE 2$ 246,000 960,720 2$ BALANCE SHEET Liabilities & Equity Current Liabilities Accounts Payable Notes Payable Total CL Assets Current Assets 858,816 1,735,680 2,594,496 $ 2$ 438,048 1,841,616 1,486,200 3,765,864 Cash Accounts rec. 2$ Inventory Total CA 24 Total Long-term debt $ 4,590,000 Fixed assets Net PP&E Shareholder Equity Common stock 24 2$ Retained earnings Total Equity 2$ 14,778,816 180,000 11,180,184 11,360,184 Total L&E 18,544,680 24 18,544,680 Total Assets
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