EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income $366,996 Cost of goods sold 253.122...
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EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income $366,996 Cost of goods sold 253.122 Depreciation 32.220 Eaming before interest and tax S $1.654 Interest paid 14.300 Taxable income $ 67.354 Teses (355) 23.574 Net Income $ 43.780 Didends $20.000 Additions to retained earnings 23.780 27. Calculating Financial Ratios (L03) Find the following financial ratios for Earl Grey Golf Corp. (use yearend figures rather than average values where appropriate): Short-term solvency ratios a. Current ratio b. Quick ratio c. Cash ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover Long-term solvency racios g. Total debt ratio Page 107 h. Debi-equity ratio i. Equity multiplier j. Times interest earned ratio k. Cash coverage ratio Profitabilit ratios 1. Profit margin m. Return on assets n. Return on equity
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