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ACCT 1002 Accounting 1B Week 8 Lecture Handout

ACCT 1002 Accounting 1B Week 8 Lecture Handout - *Not in...

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1 Accounting 1B Lecture Week 8 Handout
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3 Req. 1 (Dollar Amounts and Share Quantities in Thousands) Blues Sonic a. Acid-test ratio: = b. Inventory turnover: = c. Days’ sales in average receivables: = d. Debt ratio: = e. Earnings per ordinary share: = f. Price/earnings ratio:
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Unformatted text preview: __________ *Not in thousands Decision: Req. 2 Blues Sonic Sound EVA ® $38,000 + $8,000 – [($303,000 + $247,000) × .10] = $46,000 – $55,000 = – $9,000 The EVA ® analysis confirms the conclusion from the ratio analysis. Blues appears to be the better investment....
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