EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Chapter 3, Problem 19P
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Muscat Industrial Company has the following data which is extracting from its financial statements at the beginning 2020. Calculate the following ratios :
Total Asset Turnover (TAT).
Debt Ratio (DR%).
Net Profit Margin
10%
Sales
2500 thousand (OMR)
Financial Leverage Multiplier
1.5 Times
Return on Asset (ROA)
8 %
Consider the following data for the Jamestown Company.
Sales = $3,650,000
Total asset turnover = 1.6x
Current ratio = 4:1
Quick ratio = 3:1
Current liabilities to net worth = 30%
Average collection period = 25 days
Total debt to total assets = 0.4
Fill in the balance sheet for the Jamestown Company based on the data provided above (assume a 365-day year). Round your answers to the nearest dollar.
Balance Sheet
Cash
2$
Accounts payable
2$
Accounts receivable
Total current liabilities
2$
Inventory
Long-term debt
2$
Total current assets
$4
Stockholders' equity
Fixed assets
Total assets
$
Total liabilities and equity
Using the information below, fill in the gaps in the financial statement date for the Stapler Corporation:
Total assets turnover: 1.5Days sales outstanding: 36.5 days* * Calculation is based on a 365-day year.
Inventory turnover ratio: 5
Fixed asset turnover = 3.0
Current ratio: 2.0Gross profit margin: = Gross profit / Sales = (Sales – COGS) / Sales = 25%
Cash ____________ Accounts payable ____________
Accounts receivable ____________ Long-term debt $60,000
Inventory ____________ Common stock ____________
Fixed assets ____________ Retained earnings $97,500
Total Assets $300,000 Total L&E ____________
Sales…
Chapter 3 Solutions
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Ch. 3 - Prob. 1QTDCh. 3 - Prob. 2QTDCh. 3 - Prob. 3QTDCh. 3 - Prob. 4QTDCh. 3 - Prob. 5QTDCh. 3 - Prob. 6QTDCh. 3 - Prob. 7QTDCh. 3 - Prob. 8QTDCh. 3 - Prob. 9QTDCh. 3 - Prob. 10QTD
Ch. 3 - Prob. 11QTDCh. 3 - Prob. 12QTDCh. 3 - Prob. 13QTDCh. 3 - Prob. 14QTDCh. 3 - Prob. 1PCh. 3 - Prob. 2PCh. 3 - Prob. 3PCh. 3 - Prob. 4PCh. 3 - Prob. 5PCh. 3 - Prob. 6PCh. 3 - Prob. 7PCh. 3 - Prob. 8PCh. 3 - Prob. 9PCh. 3 - Prob. 10PCh. 3 - Prob. 11PCh. 3 - Prob. 12PCh. 3 - Prob. 13PCh. 3 - Prob. 14PCh. 3 - Prob. 15PCh. 3 - Prob. 16PCh. 3 - Prob. 17PCh. 3 - Prob. 18PCh. 3 - Prob. 19PCh. 3 - Prob. 20PCh. 3 - Prob. 21P
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