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BUADratioanalysis - ($ Figures in millions Liquidity •...

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Merck & Co., Inc Accounting Ratio Analysis – 2003 ($ Figures in millions) Liquidity Current: $11,527.2 current assets / $9,569.6 current liabilities = 1.2 Acid Test: $8,972.9 assets – inventory / $9569.6 current liabilities = 0.94 Leverage Debt to Owner’s Equity: $9,569.6 total liabilities / $15,576.4 stockholder equity = 61.4% Profitability Return On Sales: $6,830.9 net income after tax / $22,485.9 net sales = 30% Activity Inventory Turnover: $13,434.3 cost of goods / $2554.7 avg. inventory = 5.3 times
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Merck & Co., Inc Accounting Ratio Analysis – 2005
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Unformatted text preview: ($ Figures in millions) Liquidity • Current: $21,049.3 current assets / $13,303.5 current liabilities = 1.6 • Acid Test: $19,391.2 assets – inventory / $13,303.5 current liabilities = 1.5 Leverage • Debt to Owner’s Equity: $13,303.5 total liabilities / $17,916.6 stockholder equity = 74.2% Profitability • Return On Sales: $4,631.3 net income after tax / $22,011.9 net sales = 21% Activity • Inventory Turnover: $14,648.0 cost of goods / $1658.1 avg. inventory = 8.8 times...
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