Income statement net sales $51,407.00 cost of products sold $25,076.00 gross profit $26,331.00 marketing, research, administrative exp $15,746.00 Depreciation $758.00 operating income(loss) $9,827.00 Interest expense $477.00 Earnings (loss)before income taxes $9,350.00 Income taxes $2,869.00 Net earnings(loss) $6,481.00 Balance Sheet Assets: Liablilites and Equity: cash and marketable securities $5,469.00 accounts payable $3,617.00 investment securities $423.00 accrued and other liablilties $7,689.00 accounts receivable $4,062.00 taxes payable $2,554.00 inventory $4,400.00 debt due within one year $8,287.00 deffered income taxes $958.00 total current liabilite $22,147.00 prepaid expense and other receivables $1,803.00 long term debt $12,554.00 total current assets $17,115.00 deferrred income taxes $2,261.00 Property,plant and equipment, at cost $25,304.00 other noncurrent libalilites $2,808.00 Less: acumulated depreciation $11,196.00 total liablilites $39,770.00 net property, plant and euipment $14,108.00 convertible class A preferred stock $1,526.00 net good will and other intangible asset $23,900.00 common stock $2,141.00 other non current assts $1,925.00 raised earnings $13,611.00 total assets $57,048.00 total stockholders' equity $17,278.00 total liabilites and equity $57,048.00 Calculate : Ratio Industry Average current ratio 2.05 quick ratio 0.78 gross margin 23.90% net profit margin 12.30% debt ratio 0.23 long term debt to equity 0.98 interest coverage 5.62 ROA 5.30% ROE 18.80%
Income statement net sales $51,407.00 cost of products sold $25,076.00 gross profit $26,331.00 marketing, research, administrative exp $15,746.00 Depreciation $758.00 operating income(loss) $9,827.00 Interest expense $477.00 Earnings (loss)before income taxes $9,350.00 Income taxes $2,869.00 Net earnings(loss) $6,481.00 Balance Sheet Assets: Liablilites and Equity: cash and marketable securities $5,469.00 accounts payable $3,617.00 investment securities $423.00 accrued and other liablilties $7,689.00 accounts receivable $4,062.00 taxes payable $2,554.00 inventory $4,400.00 debt due within one year $8,287.00 deffered income taxes $958.00 total current liabilite $22,147.00 prepaid expense and other receivables $1,803.00 long term debt $12,554.00 total current assets $17,115.00 deferrred income taxes $2,261.00 Property,plant and equipment, at cost $25,304.00 other noncurrent libalilites $2,808.00 Less: acumulated depreciation $11,196.00 total liablilites $39,770.00 net property, plant and euipment $14,108.00 convertible class A preferred stock $1,526.00 net good will and other intangible asset $23,900.00 common stock $2,141.00 other non current assts $1,925.00 raised earnings $13,611.00 total assets $57,048.00 total stockholders' equity $17,278.00 total liabilites and equity $57,048.00 Calculate : Ratio Industry Average current ratio 2.05 quick ratio 0.78 gross margin 23.90% net profit margin 12.30% debt ratio 0.23 long term debt to equity 0.98 interest coverage 5.62 ROA 5.30% ROE 18.80%
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
Income statement | ||||
net sales | $51,407.00 | |||
cost of products sold | $25,076.00 | |||
gross profit | $26,331.00 | |||
$15,746.00 | ||||
$758.00 | ||||
operating income(loss) | $9,827.00 | |||
Interest expense | $477.00 | |||
Earnings (loss)before income taxes | $9,350.00 | |||
Income taxes | $2,869.00 | |||
Net earnings(loss) | $6,481.00 | |||
Assets: | Liablilites and Equity: | |||
cash and marketable securities | $5,469.00 | accounts payable | $3,617.00 | |
investment securities | $423.00 | accrued and other liablilties | $7,689.00 | |
accounts receivable | $4,062.00 | taxes payable | $2,554.00 | |
inventory | $4,400.00 | debt due within one year | $8,287.00 | |
deffered income taxes | $958.00 | total current liabilite | $22,147.00 | |
prepaid expense and other receivables | $1,803.00 | long term debt | $12,554.00 | |
total current assets | $17,115.00 | deferrred income taxes | $2,261.00 | |
Property,plant and equipment, at cost | $25,304.00 | other noncurrent libalilites | $2,808.00 | |
Less: acumulated depreciation | $11,196.00 | total liablilites | $39,770.00 | |
net property, plant and euipment | $14,108.00 | convertible class A |
$1,526.00 | |
net good will and other intangible asset | $23,900.00 | common stock | $2,141.00 | |
other non current assts | $1,925.00 | raised earnings | $13,611.00 | |
total assets | $57,048.00 | total |
$17,278.00 | |
total liabilites and equity | $57,048.00 |
Calculate :
Ratio | Industry Average |
current ratio | 2.05 |
quick ratio | 0.78 |
gross margin | 23.90% |
net profit margin | 12.30% |
debt ratio | 0.23 |
long term debt to equity | 0.98 |
interest coverage | 5.62 |
ROA | 5.30% |
ROE | 18.80% |
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images

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