1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
patriot [66]
2 years ago
15

8. Use the information below about an example company to calculate the financial ratios below.

Mathematics
1 answer:
11Alexandr11 [23.1K]2 years ago
8 0
<span>Given:
Net profit before tax = $208,000
Total equity = $500,000
Total assets = $330,000
Total liabilities = $150,000
Current assets = $64,000
Current liabilities= $45,000

Return on Equity = Net Income / Shareholder's equity = 208,000 / 500,000 = 0.416 or 41.6%.

Return on Assets = Net Income / Total Assets = 208,000 / 330,000 = 0.63 or 63%

Debt ratio = Total Liabilities / Total Assets = 150,000 / 330,000 = 0.4545 or 45.45%

Debt to equity ratio = Total liabilities / Total Equity = 150,000 / 500,000 = 0.30 or 30%

Current ratio = Current Assets / Current Liabilities = 64,000 / 45,000 = 1.42</span>
You might be interested in
Classify the following triangle. Check all that apply
lawyer [7]
It is a right, isosceles triangle.
5 0
2 years ago
Read 2 more answers
2 (x+6) +3x +4 simplified
stich3 [128]

Answer: 5x+16

Step-by-step explanation:

Distribute

2x+12 + 3x + 4

Add like terms

5x+16

3 0
2 years ago
A certain tennis player makes a successful first serve 70% of the time. Assume that each serve is independent of the others. If
EleoNora [17]

this is a binomial problem: p = 0.7 and q = 0.3

a) (0.7)^6

b) (6C4)(0.7)^4(0.3)^2

c) Pr ( at least 4) = Pr(4) + Pr(5) + Pr(6) = (6C5)(0.7)^5(0.3) + (0.7)^6

d) Pr (no more than 4) = 1 - Pr(at least 4) = 1 - (answer from c)

6 0
3 years ago
HELP ASAP
Sindrei [870]

Answer:

B

Step-by-step explanation:

2/3 ÷ 1/6

=2/3 × 6/1

sorry if I got it wrong

6 0
3 years ago
Read 2 more answers
How many two-person committees can be formed from a group of six people,
finlep [7]

Answer:

3 two-person committee's can be formed from a group of six people

8 0
3 years ago
Other questions:
  • What is .13 repeating as a fraction
    14·1 answer
  • 93 is decreased to 90
    14·1 answer
  • What is the value of x in the equation 4x + 8y = 40, when y = 0.8?
    5·1 answer
  • How many multiples of 2 are there between 99 and 999?
    11·1 answer
  • HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    11·2 answers
  • Please help i don’t know properties for shi
    6·1 answer
  • Helppppppppppppppppppppppppppppppppppppppppppppppppppppppppp
    8·2 answers
  • Mr. Moreno drove 60 miles in March. He drove 10 times as many miles in March as he did in January. He drove 6 times as many mile
    7·1 answer
  • Please help with my questions, it would really help me out! (The numbers on the top are exponents" Please help!!!
    14·1 answer
  • We can calculate the depth d of snow, in centimeters, that accumulates in Harper's yard during the first h hours of a snowstorm
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!