SmithS_HW3 - Net profit amount (20%) of $22.045= $ 4.049...

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.89 = ($11,845,175 - X)/$5,311,020, where X = Inventory(which is -4,726,807.8) 4.6 Leverage ratios: Breckenridge Ski Company has total assets of $422,235,811 and a debt ratio of 29.5 percent. Calc Total debt ratio = total debt / total assets Total debt = total debt ratio x total assets = 0.295 x 422,235,811 = 124,559,564.2 Total assets = total equity + total debt Total equity = total assets - total debt = 422,235,811 - 124,559,564.2 = 297,676,246.8 Debt-to-equity ratio = total debt / total equity = 124,559,564.2 / 297,676,246.8 0.42 Equity multiplier = total assets / total equity = 422,235,811 / 297,676,246.8 1.42 Net Profit Margin= net income/net sales 9.69/2.23=4.34, Debt to equity- ratio=total debt/total equity=16.4/2.23=7.35 Sales . .............. 22.045 Total assets . ....... 35.594 billion Liability; 9.678 billion ROA; net income/total assets= 0.728 ROE: net income/equity= 0.038 For EBIT: Net Sales $22.045 billion Net profit margin .20
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Unformatted text preview: Net profit amount (20%) of $22.045= $ 4.049 billion (EBT) For Total Assets: $35.594 billion $4.049/$35.594 = 11.4% 9(ROA) 4.2 Liquidity ratios: Flying Penguins Corp. has total current assets of $11,845,175, current liabilities of $5,311,020, and a quick ratio of 0.89. What is its level of inventory? .89=11,845,175-x/5,311,020 5,311,020 x.89= -4,726,807.8 4.8 DuPont equation: The Rangoon Timber Company has the following relationships: Sales/Total assets = 2.23; ROA = 9.69%; ROE = 16.4% What are Rangoons profit margin and debt ratio? 4.18 Profitability ratios: Cisco Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales culate the companys debt-to-equity ratio and the equity multiplier. of $22.045 billion. Their net profit margin for the year was 20 percent, while the operating profit mar rgin was 30 percent. What are Ciscos net income, EBIT ROA, ROA, and ROE?...
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SmithS_HW3 - Net profit amount (20%) of $22.045= $ 4.049...

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