*Show formulae used and all calculations for the following ratios: (30pts) * Round off to...
90.2K
Verified Solution
Link Copied!
Question
Accounting
*Show formulae used and all calculations for the following ratios: (30pts) * Round off to TWO decimal places if necessary (1) Current ratio (2) Quick ratio (3) Average collection period (4) Inventory turnover (5) Debt ratio (6) Times interest earned (7) Total assets turnover (8) fixed assets turnover (9) Gross Profit margin (10) Operating profit margin (11) Net profit margin (12) Operating returns on assets (13)Return on equity (14) Price earoing ratio (15) Market to Book ratio Analyse the performance of the business against that of its peers. (15pts) Income Statement for year ended December 312015 Additional information: (i) Dividends paid $144,000 (ii) Market value per share \$3 (iii) Ordinary shates are at $2 par value
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!
