Financial accounting 4.5 Suppose that for 2015 Arius company's current assets totaled $60,000;total assets totaled 470,000; current liabilities totaled 72,000; and totalliabilities totaled $430,000. Calculate the debt-to-equity ratio for Ariusfor 2015.Calculate the debt-to-equity ratio for Arius for 2015. (round your answerto three decimal places.)

Explanation of Debt-to-Equity Ratio: The debt-to-equity ratio measures the proportion of a company's…

Answered: Suppose that for 2015 Arius company's…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 23MCQ

See similar textbooks

Similar questions

Calculate the debt-to-equity ratio for Arius for
Please give me answer
Suppose that for 2010 Aquarius company's current assets totaled $60,000; total assets totaled 470,000; current liabilities totaled 72,000; and total liabilities totaled $430,000. Calculate the debt-to-equity ratio for Aquarius for 2010. Calculate the debt-to-equity ratio for Aquarius for 2010. (round your answer to three decimal places.)
Problem: Accounting
At May 31, 2016, FedEx Corporation reported the following amounts (in millions) in its financial statements: 2016 2015 Total Assets $ 13,200 $ 12,300 Total Liabilities 8,316 7,503 Interest Expense 300 300 Income Tax Expense 480 290 Net Income 1,080 1,000 Required: 1.Compute the debt-to-assets ratio and times interest earned ratio for 2016 and 2015. (Round your answers to 2 decimal places.)
please provide answer for all question
want correct answer please provide
Use the information provided from Sapphire Ltd to calculate the ratios for 2022 (expressed to two decimal places) that would reflect each of the following:1. The profit of the company relative to sales after deducting the cost of sales.2. The ability of the company to profitably utilize its capital, which includes both debt and equity.3. The proportion of the total assets that are financed by total debt.4. The ability of the company to repay its short-term debts under distress conditions, on the assumption that inventories would have no value at all.5. The portion of the company's profit that is allocated to each outstanding ordinary share.6. An indication of the percentage of profit that has been put back into the company.
Some recent financial statements for Smolira Golf Corporation follow. Find the following financial ratios for Smolira Golf Corporation (use year-end figures rather than average values where appropriate): (Enter the profitability ratio answers as a percent rounded to 2 decimal places, e.g., 32.16. Round the remaining answers to 2 decimal places, e.g., 32.16.) 1. Long-term Solvency Ratios 2020 2021 Total debt ratio times times Debt-equity ratio times times Equity multiplier times times 2. Times interest earned times Cash coverage ratio times 3. Profitability Ratios Profit margin % Return on Assets % Return on Equity %
Presented below are selected financial data from the Medtronic 2018 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following liquidity and solvency ratios: cash and marketable securities to total assets, quick ratio, current ratio, long-term debt to total assets, long-term debt to shareholders’ equity, and the interest coverage ratio. Evaluate Medtronic’s liquidity and solvency.
How much long-term debt did the firm have? fINANCIAL ACCOUNT
How much long-term debt did the firm have?

SEE MORE QUESTIONS

Recommended textbooks for you

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS