Finance week 4 discussion

Finance week 4 discussion - DSO = 70.76 C. Total asset...

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Finance Week 4 Modern Appliances Corporation has reported its financial results for the year ended December 31, 2008. Using the information from the financial statements, complete a comprehensive ratio analysis for Modern Appliances Corporation. A. Current ratio =1.81 quick ratio = 1.19 B. Inventory turnover = 3.50 accounts receivable turnover= 5.16
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Unformatted text preview: DSO = 70.76 C. Total asset turnover = 1.23 Fixed asset turnover=7.15 D. Total debt ratio = 1.72 Debt to equity ratio = 1.72 Equity multiplier = 2.72 E. Times interest earned = 17.56 Cash coverage= 37.30 F. Gross profit margin= 0.36 Net profit margin = 0.08 ROA = 0.10 ROE =0.27 G. 15.14%...
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Finance week 4 discussion - DSO = 70.76 C. Total asset...

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