Question

201Y 201X Sales $6,893,755 $5,893,755

Cost of Sales $5,300,807 $4,600,807

Gross profit $1,592,948 $1,292,948

Depreciation and amoritization $364,273 $354,273

SG&A $902,820 $702,820

Income from operations (EBIT) $325,855 $235,855

Other income (expense)

Interest expense $48,905 $28,905

Interest income $3,465 $1,465

Gain on sale of assets $8,059 $9,059

Income before taxes (EBT) $265,426       $196,426

Income tax expense  $161,910 $119,820

Net income $103,516 $76,606

SG&A is selling and general administrative expense

Income tax rate is 39.0%


based on these numbers, what are the

Liquidity Ratios

  • Current Ratio =?
  • Quick Ratio =?

Leverage Ratios

  • Debt to Equity =?
  • Debt to Total Assets =?
  • Interest Coverage =?

Management Efficiency Ratios

  • Accounts Receivable Turnover =?
  • Days Sales Outstanding =?
  • Days of Inventory =?
  • Accounts Payable Turnover =?

Profitability Ratios

  • Gross Margin =?
  • Operating Margin =?
  • Return on Assets =?
  • Return on Equity =?

Subject: Business, Finance
201Y 201X Sales $6,893,755 $5,893,755 Cost of Sales $5,300,807 $4,600,807 Gross profit $1,592,948 $1,292,948 Depreciation and amoritization $364,273
Get unstuck

338,976 students got unstuck by Course
Hero in the last week

step by step solutions

Our Expert Tutors provide step by step solutions to help you excel in your courses