In its closing financial statements for its first year in


In its closing financial statements for its first year in business, ABC Enterprises, had cash of $242, accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts payable of $700, short-term notes payable of $740, long-term liabilities of $1,100, common stock of $1,160, retained earnings of $1,620, net sales of $2,768, cost of goods sold of $1,210, depreciation of $160, other operating expenses of $200, interest expense of $160, taxes of $312, addition to retained earnings of $508, and dividends paid of $218.

Calculate the following: Return on equity

Return on total assets

Net profit margin

Gross profit margin

Sales to asset ration

Current Ratio

Total-debt-total-asset ratio

Debt-to-equity ratio

Equity multiplier

Interest coverage ratio

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Financial Management: In its closing financial statements for its first year in
Reference No:- TGS02663496

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