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patriot [66]
3 years ago
15

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

Mathematics
1 answer:
11Alexandr11 [23.1K]3 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>
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I'll just factor the above equation.

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3 years ago
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bazaltina [42]

Answer:

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Step-by-step explanation:

1. Approanch

An easy way to calculate one's salary after they recive a raise is to, convert the percent that one's salary is increased into a decimal; divide the percent by 100. Then multiply the increase as a decimal by the original salary, to attain the amount the salary is raised by. Finally add the amount the salary is raised by to the original salary to find the new salary. A quicker way to do this is to convert the percent by the salary is increased into a decimal. Then add 1 to that number. Finally one will multiply that number by the original slary and get the new salary.

2. Solving

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saul85 [17]

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Step-by-step explanation:

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