Please provide rating...............
Answer a) | Interest coverage ratio = | EBIT/Interest expenses | |||||||||
Interest coverage ratio = | =30300/10400 | ||||||||||
2.91 | |||||||||||
Answer b) | |||||||||||
Fixed charge coverage = | Income before fixed charges and interest/(Fixed charges+interest expense) | ||||||||||
Fixed charge coverage = | =(30300+14200)/(10400+14200) | ||||||||||
1.81 | |||||||||||
Answer c) | |||||||||||
Profit margin ratio=(Net income/Sales)*100 | |||||||||||
Profit margin ratio = | =(11940/220000) | ||||||||||
5.43% | |||||||||||
Answer d) | |||||||||||
Total asset turnover ratio = Sales/Total asset | |||||||||||
220000/215000 | |||||||||||
1.02 | |||||||||||
Answer e) | Return on asset = Net income/Total asset | ||||||||||
=11940/215000 | |||||||||||
5.55% | |||||||||||
Using the income statement for Times Mirror and Glass Co., compute the following ratios TIMES MIRROR...
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