Compute the following it is not necessary to use averages


The following information pertains to kevin, Inc. 

Cash ..................$42,000
Accounts receivable ............$130,000
Inventory ................$95,000
Plant assets (net) .............$340,000
Total assets ................$607,000
Accounts payable .............$78,000
Accrued taxes and expenses payable ......$26,000
Long-term debt .............$106,000
Common stock ($10 par) ..........$174,000
Paid-in capital in excess of par .......$45,000
Retained earnings ............$282,000
Total equities ..............$607,000
Net sales (all on credit) ..........$850,000
Cost of goods sold ............$697,000
General & Admin Expenses .........$78,000
Net income ...............$75,000

Required: 

Compute the following: (It is not necessary to use averages for any balance sheet figures involved.) 

(a) Current ratio
(b) Inventory turnover
(c) Receivables turnover
(d) Book value per share
(e) Earnings per share
(f) Debt to total assets
(g) Profit margin on sales
(h) Return on common stock equity 

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Finance Basics: Compute the following it is not necessary to use averages
Reference No:- TGS01254832

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