Income statement                   net sales  $51,407.00       cost of products sold $25,076.00       gross profit $26,331.00       marketing, research, administrative exp $15,746.00       Depreciation $758.00       operating income(loss) $9,827.00       Interest expense $477.00       Earnings (loss)before income taxes $9,350.00       Income taxes  $2,869.00       Net earnings(loss) $6,481.00                           Balance Sheet                   Assets:     Liablilites and Equity:   cash and marketable securities $5,469.00   accounts payable $3,617.00 investment securities $423.00   accrued  and other liablilties $7,689.00 accounts receivable $4,062.00   taxes payable $2,554.00 inventory $4,400.00   debt due within one year $8,287.00 deffered income taxes $958.00   total current liabilite $22,147.00 prepaid expense and other receivables $1,803.00   long term debt $12,554.00 total current assets  $17,115.00   deferrred income taxes $2,261.00 Property,plant and equipment, at cost $25,304.00   other noncurrent libalilites $2,808.00 Less: acumulated depreciation $11,196.00   total liablilites $39,770.00 net property, plant and euipment $14,108.00   convertible class A preferred  stock $1,526.00 net good will and other intangible asset $23,900.00   common stock $2,141.00 other non current assts $1,925.00   raised earnings $13,611.00 total assets $57,048.00   total stockholders' equity $17,278.00       total liabilites and equity $57,048.00   Calculate :   Ratio Industry Average current ratio 2.05 quick ratio 0.78 gross margin 23.90% net profit margin 12.30% debt ratio 0.23 long term debt to equity 0.98 interest coverage 5.62 ROA 5.30% ROE 18.80%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question
Income statement        
         
net sales  $51,407.00      
cost of products sold $25,076.00      
gross profit $26,331.00      
marketing, research, administrative exp $15,746.00      
Depreciation $758.00      
operating income(loss) $9,827.00      
Interest expense $477.00      
Earnings (loss)before income taxes $9,350.00      
Income taxes  $2,869.00      
Net earnings(loss) $6,481.00      
         
         
Balance Sheet        
         
Assets:     Liablilites and Equity:  
cash and marketable securities $5,469.00   accounts payable $3,617.00
investment securities $423.00   accrued  and other liablilties $7,689.00
accounts receivable $4,062.00   taxes payable $2,554.00
inventory $4,400.00   debt due within one year $8,287.00
deffered income taxes $958.00   total current liabilite $22,147.00
prepaid expense and other receivables $1,803.00   long term debt $12,554.00
total current assets  $17,115.00   deferrred income taxes $2,261.00
Property,plant and equipment, at cost $25,304.00   other noncurrent libalilites $2,808.00
Less: acumulated depreciation $11,196.00   total liablilites $39,770.00
net property, plant and euipment $14,108.00   convertible class A preferred  stock $1,526.00
net good will and other intangible asset $23,900.00   common stock $2,141.00
other non current assts $1,925.00   raised earnings $13,611.00
total assets $57,048.00   total stockholders' equity $17,278.00
      total liabilites and equity $57,048.00

 

Calculate :

 

Ratio Industry Average
current ratio 2.05
quick ratio 0.78
gross margin 23.90%
net profit margin 12.30%
debt ratio 0.23
long term debt to equity 0.98
interest coverage 5.62
ROA 5.30%
ROE 18.80%
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Ratio Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education