Calculate per share ratios indicated

Assignment Help Finance Basics

Reference no: EM13324110

Tribke Enterprises collected the following data from its financial reports for 2012:
Stock price                                               $18.37
Inventory balance                                    $300,000
Expenses (excluding COGS)                   $1,120,000
Shares outstanding                                  290,000
Average issue price of shares                 $5.00
Gross margin %                                       40%
Interest rate                                              8%
TIE ratio                                                    8
Inventory turnover                                    12 x
Current ratio                                             1.5
Quick ratio                                                .75
Fixed asset turnover                                1.5

Complete the following abbreviated financial statements, and calculate per share ratios indicated. (Hint: Start by subtracting the formula for the quick ratio from that for the current ratio and equating that to the numerical difference.)

Set up an income statement that includes revenue, COGS, GM, EBIT, EBT, and EAT. Set up a balance sheet that includes Current assets, Fixed assets, Total assets, current liabilities, long-term debt, Equity (paid in capital*, and retained earnings), total equity, and total liabilities & equity.

Reference no: EM13324110

Questions Cloud

Obtain cash flow statements of wal-mart : Obtain cash flow statements of Wal-Mart for the last two years for the publicly traded company and select two performance ratios and two coverage ratios for cash flow analysis that you think will be most effective.

Analyze and describe in detail a real life problem situation : Analyze and describe in detail a real life problem situation

How much work did his muscles do : A person rides a bike 6.5 miles in 26 min up a mountain, climbing 1900 vertical feet. how much work did his muscles do

Explain what type of solid molecular or metallic : What type of solid (e.g., molecular or metallic) would you expect each of the following substances to form (and explain why): (i) HCOOH; (ii) CaF2; (iii) Xe; (iv) K; (v) SiC; (vi) NH4Cl; (vii) MgO.

Calculate per share ratios indicated : Complete the following abbreviated financial statements, and calculate per share ratios indicated.

What is the distance of the incline : A skier is gliding along at 2.8m/s on horizontal, frictionless snow. He suddenly starts down a 10?incline. what is the distance of the incline

Determine the outlet temperature and the work produced : Argon is expanded in an isentropic turbine from 2 MPa and 500oC to 200 kPa. Determine the outlet temperature and the work produced by this turbine per unit mass of argon.

Explain what physical properties affect the rate : What physical properties affect the rate at which a liquid drains out of a container through a small hole? Explain your answer.

Determine the r-134a exit temperature in the enthalpy : At compressor exit, the specific entropy is the same as that at the inlet, and the pressure is 60 psia. Determine the R-134a exit temperature and the change in the enthalpy of R134a.

User Account

All Pages