Question : 81.              Given the formula for each of the following ratios : 1369867

 

81.              Given the formula for each of the following ratios and then explain what each ratio measures.

a.  Return on Investment

b.  Quick Ratio

c.  Gross Margin Ratio

d.  Return on Owners’ Equity

PROBLEMS

82.              Using the financial statements from the (instructor supplies the income statement and balance sheet of a company and insert name here) calculate each of the following ratios and briefly describe what the results indicate.

(a.)  Return on Investment

(b.)  Quick Ratio

(c.)  Gross Margin Ratio

(d.)  Current Ratio

(e.)  Return on Sales Ratio

(f.)  Debt to Equity Ratio

(g.)  Return on Owners’ Equity

(Note to the Instructor:  This problems combines the ratios from Chapters 1 &2)

82.     Using the financial statements from the (instructor supplies the income statement and balance sheet of a company and insert name here) calculate each of the following ratios and briefly describe what the results indicate.

(a.)  Current Ratio

(b.)  Quick Ratio

(c.)  Gross Margin Ratio

(d.)  Return on Sales Ratio

(e.)  Debt to Equity Ratio

(f.)  Return on Investment Ratio

(g.)  Return on Owners’ Equity

(h.)  Accounts Receivable Turnover

(i.)   Inventory Turnover

(j.)   Accounts Payable Turnover

83.              Using the financial statements below calculate each of the following ratios and briefly describe what the results of each indicate.

(a.)  Return on Investment

(b.)  Quick Ratio

(c.)  Debt to Equity Ratio

(d.)  Return on Owners’ Equity

(e.)  Accounts Receivable Turnover

(f.)  Inventory Turnover

Banner Corporation

Balance Sheet

December 31, 2008

Banner Corporation

Balance Sheet

December 31, 2008

 

Current Assets

 

Current Liabilities

 

Cash

$  20,000

Accounts Payable

$ 140,000

Accounts Receivable

100,000

Wages Payable

   200,000

Inventory

  300,000

Total Current Liabilities

$ 340,000

Total Current Assets

$420,000

 

 

 

 

Long-Term Liabilities

 

Property, Plant & Equipment

 

Long Term Notes Payable

$1,000,000

Land

$300,000

Total Liabilities

$1,340,000

Buildings

800,000

 

 

Equipment

     90,000

 

 

Total Property Plant &

 

Owners’ Equity

$   270,000

         Equipment

$1,190,000

Total Liabilities and

 

Total Assets

$1,610,000

          Owners’ Equity

$1,610,000

 

 

 

 

Total Assets 12/31/07

1,400,000

Accts Rec 12/31/07

$75,000

Total Owners’ Equity 12/31/07

$250,000

Accts Pay 12/31/07

$100,000

 

 

 

 

 

Banner Corporation

Income Statement

For the year ended Dec 31, 2008

 

Sales

$4,200,000

Cost of Goods Sold

  1,800,000

Gross Margin

$2,400,000

Operating Expenses

  1,800,000

Operating Income

$   600,000

Tax Expense

     180,000

Net Income

$   420,000

 

 

 

 

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