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1) Company XYZ Balance Sheet Assets Liabilities Cash $10,000 Accounts Payable $17,000 Marketable Securities 20,000 Notes Payable 15,000 Accounts Receivable 35,000 Accrued Wages 10,000 Inventory 30,000 Bank Loan 45,000 Net Plant & Equipment $105,000 Total Liabilities $87,000 Owners Equity Common Stock $75,000 Retained Earnings 38,000 Total Owners Equity $113,000 Total Assets $200,000 Total Liabilities & Owners Equity $200,000 Sales during the year were $500,000. Net Income for the year was $40,000. Market Price per share is currently $30.00. Interest expense for the year was $5,000. Earnings before taxes were $60,000. Shares of Common Stock 10,000 Based on the above information calculate and interpret the following ratios: 1)Current Ratio 2)Quick Ratio 3)Days Sales Outstanding 4)Total Asset Turnover 5)Total Debt Ratio 6)Profit Margin 7)ROA 8)ROE 9)Fixed Asset Turnover 10) Price Earnings Ratio 11) Market to Book Value 12) Based on the ratio analysis you just conducted how good of financial shape do think this firm is in? Why? 13) When will a firms ROA and ROE be equal to one another?
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