Balance Sheet (Thousand of Dollars) Cash Mktble Sec Accts Receiv Inventory Prepaid Rent Total CA...
90.2K
Verified Solution
Link Copied!
Question
Finance
Balance Sheet (Thousand of Dollars) Cash Mktble Sec Accts Receiv Inventory Prepaid Rent Total CA Net PP&E Total Assets 2019 14000 6200 33,000 84,000 1,100 138,300 270,000 408,300 Jarmon Financial Ratio Problem Ind Avg Jarmon Quick 2019 2019 Analysis Current Ratio 1.80 Acid-test ratio 0.90 Avg Collection Pd 19.9 days Inv Turn (COGS) 7.10 Debt Ratio 0.52 Times Int Earned 10.00 Gross Profit Margin 0.25 Operating Profit Margin 0.14 Total Asset turn 1.20 Fixed Asset turn 1.80 Operating Income ROI 16.8% Net Profit Margin 5.3% ROA ROE 12.0% PE 8 11 Required: (1) Calculate the indicated ratios for Jarmon, Inc. for 2018 (2) Perform a quick analysis (3) Evaluate ratios by category as demonstrated in class. 6.4% Accounts Payable ST Bank notes Accrued Exp Total CL LT Notes Payable PIC Retained Earning Total SE Total D&E 57,000 13,000 5,000 75,000 150,000 20,000 163,300 183,300 408,300 Jarmon Corp. Income Statement 2019 600,000 460,000 140,000 Sales, net COGS Gross Profit Oper Expenses Selling Exp G&A Exp R&D Total Oper Exp EBIT Interest Exp EBT Taxes Net Income 40,000 15,500 4,500 60,000 80,000 10,000 70,000 27,100 42,900
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
