Cash 4500 Accts Payable 4400 Accounts Receivable 6200 Wages Payable 2100 Inventory 7000 Notes Payable 4000 Plant & Equipment 7300 Long Term Debt 5000 Equity 9500 Sales = 28,400 Net Income = 2,300 EBIT = 1,00 Interest Charge = 850 Current Ratio b. Quick Ratio Total Asset Turnover
Cash 4500 Accts Payable 4400 Accounts Receivable 6200 Wages Payable 2100 Inventory 7000 Notes Payable 4000 Plant & Equipment 7300 Long Term Debt 5000 Equity 9500 Sales = 28,400 Net Income = 2,300 EBIT = 1,00 Interest Charge = 850 Current Ratio b. Quick Ratio Total Asset Turnover
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- Using the data below, calculate the following ratios.
Cash 4500 Accts Payable 4400
Inventory 7000 Notes Payable 4000
Plant & Equipment 7300 Long Term Debt 5000
Equity 9500
Sales = 28,400 Net Income = 2,300 EBIT = 1,00 Interest Charge = 850
Current Ratio b. Quick Ratio
- Total Asset Turnover d. Fixed Asset Turnover
- Inventory Turnover f. Interest Coverage TIE
- Equity Multiplier Tot Assets/Equity h. L/T Debt Ratio
- ROA j. ROE
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- Inventory Turnover f. Interest Coverage TIE
- Equity Multiplier Tot Assets/Equity h. L/T Debt Ratio
- ROA j. ROE
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