Homework Answers
Answer:
Current Ratio = Current Assets / Current Liabilities = 1405000 / 602000 = 2.33
Inventory Turnover Ratio = Cost of goods sold / Avg. Inventory = 3680000 / ( 894000 + 813000 ) / 2 = 3680000 / 853500 = 4.31
Days sales outstanding = 365 / (Sales / Avg. Accounts Receivable
= 365 / ( 4240000 / ( 439000 + 328000 ) / 2 )
= 365 / 11.06 = 33 Days
Fixed Assets Turnover = Sales / Avg. Fixed Assets = 4240000 / ( 238000 + 132000 + 61000 + 271000 +133000 +57000) / 2
= 4240000 / 446000 = 9.51
Total Assets Turnover = Sales / Avg. Total Assets = 4240000 / (1836000 + 1667000 ) / 2 = 4240000 /1751500 = 2.42
Return on Assets = Net Income / Avg. Total Assets = 23010 / 1751500 = 1.31%
Return on Equity = Net Income / Avg. Total Equity = 23010 / (575000 + 575000 + 259312 + 261602) / 2
= 23010 / 835457 = 2.75%
Return on Invested Capital = Net Income / (Long Term Liabilities + Total Equity )
= 23010 / ( 399688 + 575000 + 259312 )
= 23010 / 1234000 = 1.86%
Profit Margin = Net Income/ Sales = 23010 / 4240000 = 0.5%.
Debt to Capital Ratio = Total Liabilities / (Long Term Liabilities + Total Equity ) = 399688 / 1234000 = 32.39%
Price Earnings Ratio = Market Price / EPS = 12.34 / 1 = 12.34
M/B = (12.34 x 23000 ) / ( 575000 + 259312 ) = 283820 / 834312 = 0.34
EV / EBITDA = Enterprise Value / EBITDA = 1213508 / ( 97680 + 159000 ) = 1213508 / 256680 = 4.73
EV = Market Value + Current Liabilities + Long Term Debt - Cash = 283820 + 602000 + 399688 - 72000 = 1213508
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