a] | Return on equity = Net income/(Average equity) = 1246/((10324+9521)/2) = | 12.56% | |
b] | Return on assets = Net income/(Average total assets) = 1246/((27876+27605)/2) = | 4.49% | |
c] | Return on capital = EBIT/(Average capital employed) = 2475/((6520+6198+10324+6475+6169+9521)/2) = | 10.95% | |
[Capital employed = Long term debt & other obligations+Shareholders' equity] | |||
d] | DIO = 248*365/4160 = | 21.76 | Days |
e] | Inventory turnover = 4160/248 = | 16.77 | |
f] | Average collection period = 2530*365/13300 = | 69.43 | Days |
g] | Operating profit margin = 2475/13300 = | 18.61% | |
h] | Long term debt ratio = (6526+6198)/27876 = | 45.64% | |
i] | Total debt ratio = (6526+6198+4834)/27876 = | 62.99% | |
j] | Times interest earned =2475/695 = | 3.56 | |
k] | Cash coverage ratio = (2475+2578)/695 = | 7.27 | |
l] | Current ratio = 3647/4834 = | 0.75 | |
m] | Quick ratio = (91+2482)/4834 = | 0.53 |
please i need assistance with this question below.. (its all one question in the assignment quiz)....
Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales $ 13,200 Cost of goods sold 4,110 Other expenses 4,072 Depreciation 2,548 Earnings before interest and taxes (EBIT) $ 2,470 Interest expense 690 Income before tax $ 1,780 Taxes (at 35%) 623 Net income $ 1,157 Dividends $ 866 BALANCE SHEET (Figures in $ millions) End of Year Start of Year Assets Cash and marketable securities $ 90 $...
Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales $ 13,200 Cost of goods sold 4,110 Other expenses 4,072 Depreciation 2,548 Earnings before interest and taxes (EBIT) $ 2,470 Interest expense 690 Income before tax $ 1,780 Taxes (at 35%) 623 Net income $ 1,157 Dividends $ 866 BALANCE SHEET (Figures in $ millions) End of Year Start of Year Assets Cash and marketable securities $ 90 $...
Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 30%) Net income Dividends $ 14,100 4,560 4,217 2,818 $ 2,505 735 $ 1,770 531 $ 1,239 $ 976 BALANCE SHEET (Figures in $ millions) End of Year Start of Year $ 99 2,882 237 917 $ 4,135 20,073 4,316...
Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in s millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 30%) Net income Dividends $ 12,500 3,710 4,112 2,308 $ 2,370 650 $ 1,720 516 1,204 $ 806 BALANCE SHEET (Figures in millions) End of Year Start of Year Assets 82 151 2,350 203 897 $ 3,098 3,601 19,845 3,700...
Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) $ 12,200 3,560 Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense 4,037 2,218 $ 2,385 635 $ 1,750 Income before tax Taxes (at 30%) 525 $ 1,225 Net income Dividends 746 BALANCE SHEET (Figures in $ millions) End of Start of Year Year Assets Cash and marketable securities 79 148 Receivables 1,882 2,290...
Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales $ 13,500 Cost of goods sold 4,260 Other expenses 4,147 Depreciation 2,638 Earnings before interest and taxes (EBIT) $ 2,455 Interest expense 705 Income before tax $ 1,750 Taxes (at 30%) 525 Net income $ 1,225 Dividends $ 896 BALANCE SHEET (Figures in $ millions) End of Year Start of Year Assets Cash and marketable securities $ 93 $...
ne saved CILJUDI Check my work Problem 4-7 Financial Ratios (LO3) Here are simplified financial statements for Phone Corporation in a recent year: points eBook INCOME STATEMENT (Figures in $ millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 35%) Net income Dividends $ 13,700 4,360 4,047 2,698 $ 2,595 715 $ 1,880 658 $ 1,222 $ 916 Print References BALANCE SHEET (Figures in $ millions)...
THIS IS THE SECOND TIME I HAVE REQUESTED THIS QUESTION. THE FIRST ANSWER IS THE ONLY ONE CORRECT Here are simplified financial statements for Phone Corporation in a recent year:INCOME STATEMENT(Figures in $ millions Net sales$12,600 Cost of goods sold3,700 Other expenses4,127 Depreciation2,338 Earnings before interest and taxes (EBIT)$2,375 Interest expense 655 Income before tax$1,720 Taxes (at 35%)602 Net income$1,118 Dividends$816 BALANCE SHEET(Figures in $ millions)End of YearStart ofYearAssets End of year start of the year Cash and marketable securities...
Here are simplified financial statements for Phone Corporation in a recent year:INCOME STATEMENT(Figures in $ millions Net sales$12,600 Cost of goods sold3,700 Other expenses4,127 Depreciation2,338 Earnings before interest and taxes (EBIT)$2,375 Interest expense 655 Income before tax$1,720 Taxes (at 35%)602 Net income$1,118 Dividends$816 BALANCE SHEET(Figures in $ millions)End of YearStart ofYearAssets End of year start of the year Cash and marketable securities $83 $152 Receivables 2,082 2,370 Inventories 157 208 Other current assets 837 902 Total current assets 3,159 3,632...
Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales $ 13,193 Cost of goods sold 4,060 Other expenses 4,049 Depreciation 2,518 Earnings before interest and taxes (EBIT) $ 2,566 Interest expense 685 Income before tax $ 1,881 Taxes (at 35%) 658 Net income $ 1,223 Dividends $ 856 BALANCE SHEET (Figures in $ millions) End of Year Start of Year Assets Cash and marketable securities $ 89 $...