(Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are...
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(Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window. Calculate the following ratios - Data Table a. Current ratio b. Operating retum on assets c. Times interest earned d. Debt ratio e. Inventory tumover f. Average collection period g. Total asset turnover h. Fixed asset turnover i. Operating profit margin j. Return on equity (Click on the following icon in order to copy its contents into a spreadsheet) a. The current ratio is X. (Round to two decimal places.) Balance Sheet (5000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets $ 517 1.998 1.022 53,537 4.514 $ 8,051 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $ 1,089 586 294 $ 1,969 2.002 4080 58,051 (Click on the following icon in order to copy its contents into a spreadsheet) Income Statement ($000) Sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $501 depreciation) Operating profits Interest expense Earnings before taxes Income taxes (21%) Net income $8.013 (3.275) $ 4.738 (2.995) $ 1,743 (373) $1,370 (288) 1,082 Print Done
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