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
Find the coverage ratio and profitability ratio

Transcribed Image Text:calculate
liquidity ratio
efficiency ratios
leverage ratios
coverage ratio
profitability ratios
use these ratio prepare a report
Income Statement
2020
2019
Balance Sheet
2020
2019
Sales
58,410
75,250
Assets
Cost of goods sold
34,950
23,460
35,200
Cash
1,750
8,410
Gross Profit
40,050
Accounts Receivable
3,204
7,405
Selling & G&A Exp. 13,950
Depreciation
Operating Expenses
Operating Income
Interest Expense
13,200
Inventories
9,450
8,500
1,788
1,785
Total Current Assets
14,404
24,315
15,738
14,985
Fixed Assets
30,120
29,471
7,722
(762)
Pretax Income (EBT) 6,960
25,065 Total Assets
44,524
53,786
(855)
24,210 Liabilities and Shareholders' Equity
Taxes
2,088
7,263
Accounts Payable
Accrued Expenses
9,120
6,750
Net Income
4,872
16,947
6,520
6,424
Total Current Liabilities
15,640
13,174
Long-term Debt
24,120
15,780
Total Liabilities
39,760
28,954
Common Stock
55
56
Retained Earnings
Total Equity
Total Liabilities and Equity
17,660
15,765
17,715
15,821
57,475
44,775
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