2014 | 2013 | |||||||||
1 | Current ratio:- | |||||||||
a. | Current Assets | $ 68,531 | $ 73,286 | |||||||
b. | Current Liabilities | $ 63,448 | $ 43,658 | |||||||
Ratio (a/b) | 1.08 | times | 1.68 | times | ||||||
2 | Quick or Acid Test Ratio:- | |||||||||
a. | Quick Assets | |||||||||
Cash and Cash equivalents+ Short term marketable securities + Accounts Receivable (net) | 13844+11233+17460 | = | $ 42,537 | 14259+26287+13102 | = | $ 53,648 | ||||
b. | Current Liabilities | $ 63,448 | $ 43,658 | |||||||
Ratio (a/b) | 0.67 | times | 1.23 | times | ||||||
3 | Profit Margin:- | |||||||||
a. | Net Income | $ 39,510 | $ 37,037 | |||||||
b. | Net Sales | $ 182,795 | $ 170910 | |||||||
Ratio (a/b) | 21.61% | 21.67% | ||||||||
4 | Return on Total Assets Ratio:- | |||||||||
a. | Net income | $ 39,510 | $ 37,037 | |||||||
b. | Average Total assets | |||||||||
opening + closing | 207000 + 231839 | = | $ 219,420 | 176064 + 207000 | = | $ 191,532 | ||||
2 | 2 | 2 | ||||||||
Ratio (a/b *100) | 18.01% | 19.34% | ||||||||
5 | Price earnings Ratio on Common Stock :- | |||||||||
a. | Market price per share | $ 100.75 | $ 68.96 | |||||||
b. | Earnings per share | $ 6.49 | $ 5.72 | |||||||
Ratio (a/b) | 15.52 | times | 12.06 | times | ||||||
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Compute the following ratios for 2014 and 2013 using apples financial statements found in Appendix A...
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