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Pages:
1 page/≈275 words
Sources:
No Sources
Level:
MLA
Subject:
Accounting, Finance, SPSS
Type:
Math Problem
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.68
Topic:

Financial Statements Analysis (Math Problem Sample)

Instructions:
Current Ratio = Current Asset / Current Liability = 239,100 / 96,000 = 2.49 b. Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivables = 1,075,000 / [(120,000 + 100,000) / 2] = 1,075,000 / 110,000 = 9.77 c. Days Sales Collected = Accounts Receivable / Net Credit Sales * 365 = 120,000 / 1,075,000 * 365 = 40.74 days d. Inventory Turnover = Cost of Goods Sold / Average Inventory = 575,000 / [(50,200 + 56,700) / 2] = 575,000 / 53,450 = 10.76 e. Times Interest Earned Ratio = EBTDA / Interest Expense = 195,000 / 20,400 = 9.56 source..
Content:
Student: Course Title: Date: Question 1 * Current Ratio = Current Asset / Current Liability = 239,100 / 96,000 = 2.49 * Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivables = 1,075,000 / [(120,000 + 100,000) / 2] = 1,075,000 / 110,000 = 9.77 * Days Sales Collected = Accounts Receivable / Net Credit Sales * 365 = 120,000 / 1,075,000 * 365 = 40.74 days * Inventory Turnover = Cost of Goods Sold / Average Inventory = 575,000 / [(50,200 + 56,700) / 2] = 575,000 / 53,450 = 10.76 * Times Interest Earned Ratio = EBTDA / Interest Expense = 195,000 / 20,400 = 9.56 * Return on common stockholders' equity = Net Income / Shareholders’ Equity = 100,600 / 608,000 =0.1655 or 16.55% * Earnings per share = Net Income / Average Outstanding Shares = 100,600 / (480,000 / 2) = 100,600 / 240,000 = 0.4191 * Price earnings ratio = Share Pric...
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