Using the following balance sheet and income statement data, what is the debt to assets ratio?$2$Current assetsNet income2700042200Stockholders'Current liabilities1520079200equityAverage assets161700Total liabilities41400Total assets127000Average common shares outstanding was 16300.O 24 percent62 percent33 percentO 11 percent

Debt to assets ratio means ratio between total debt and total assets in the business.

Answered: Using the following balance sheet and…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The balance sheet for Shankland Corporation follows: 000'009 $ 000006 Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings 000 0000 000 00 000 009' 000 006 Total liabilities and stockholders' equity 000'00s Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio
SECOND BANK PROVIDES THE FOLLOWING EQUITY DATA: REGULATORY EQUITY RELATED ACCOUNTS PREFERRED STOCKS 1,000.00 COMMON STOCKS 4,000.00 RETAINED EARNINGS 3,000.00 CAPITAL NOTES 1,000.00 SUBORDINATED DEBT 4,000.00 RESERVE FOR LOAN LOSSES 800.00 RISK WEIGHTED ASSETS 60,000.00 How much is Tier 2? Select one: O 56,088 $6,038 O $6,475 O $13,701 $6,125 O S7,226 NOT ENOUGH DATA TO ANSWER
According to the information in the table below, which of the following shows Debt/Equity (D/E) ratio and Interest Coverage ratio (ICR) correctly. Long Term Debt 50,000 EBIT(Operating profit) 75,000 Shareholders' Equity 40,000 Interest expenses 15,000 Total Assets 140,000 Select one: a. D/E= 1.25% and ICR=5% b. D/E=1.25 and ICR=3.3 times c. D/E=1.25 and ICR=5 times d. D/E=0.80 and ICR=2.5 times
The following information pertains to Windsor Company. Assume that all balance sheet amounts represent average balance figures. Total assets $330000 Stockholders' equity-common 210,000 Total stockholders' equity 298,000 Sales revenue 110,000 Net income 20,600 Number of shares of common stock 7,500 Common dividends 4,700 Preferred dividends 8,300 What is Windsor's payout ratio? a. 8%. b. 22.82%. c. 16%. d. 36%.
Calculate the following ratios, follow the steps and must interpret your answers , Current ratio Earning per share ratio Current assets=$89000 Current liabilities= 61000 Net income/profit=$18000 Number of shares common stock=76262 Total asset=770000
From the following balance sheet of Sohel & Co Ltd as at 31st March 2013 and also comment on the ratios. You may use online sources to write about the ratios. Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 6%Preference share capital 7%Debentures 8% Public Debt Bank over draft Creditors Outstanding expenses Proposed dividend Reserves Provision for taxation Net Profit 100,000 100,000 40,000 20,000 40,000 60,000 7,000 10,000 150,000 20,000 20,000 567,000 Cash in hands Cash at bank Bills Receivable Short term investment Debtors Stocks Furniture Machinery Land and Building Good will Preliminary Expenses 3,000 9,000 30,000 20,000 70,000 40,000 30,000 100,000 220,000 35,000 10,000 567,000 Net Sales - 200000 d) Return on Equity
Atlanta Company $ 429,000 572,000 Atlanta Company Spokane Company Total liabilities Total equity Compute the debt-to-equity ratio for each of the above companies. Debt to equity ratio Choose Numerator: Spokane Company $ 549,000 1,830,000 / Choose Denominator: 1 1 1 = Debt-to-equity ratio =
68 )
Subject:
Stark Company's most recent balance sheet reported total assets of $1,840,000, total liabilities of $830,000, and total equity of $1,010,000. Its debt-to-equity ratio is: 1.00 0.82 0.55 1.22 0.45
Complete the 2006 Balance Sheet for O'Keefe Industries using the information that follows it. O'Keefe Industries Balance Sheet December 31, 2012 Assets Liabilities and Stockholders' Equity Accounts payable Notes payable Cash $32,720 25,000 $120,000 Marketable securities Accounts receivable Асcruals 20,000 Inventories Total current liabilities Long-term debt Stockholders' equity Total current assets Net fixed assets $600,000 Total assets Total liabilities and stockholders' equity $ The following financial data for 2012 are also available: 1. Sales totaled S$1,800,000. 2. The gross profit margin was 25%. 3. Inventory turnover was 6.0. 4. There are 365 days in the year. 5. The average collection period was 40 days. 6. The current ratio was 1.60. 7. The total asset turnover ratio was 1.20. 8. The debt ratio was 60%.
Jessica Company has total assets of P180,000 and total liabilities of P54,000. Jessica's debt-to-equity ratio is closest to * Choices: 2.3. .32. .30. .43.

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