Computation of various financial ratios

Reference no: EM1315382

Computation of various financial ratios from the given information

These summarized data were obtained from the accounting records of Hamberg Company at the end of its fiscal year, September 30:

	2008	2007
Cash	$30,225	$27,240
Accounts receivable	149,375	128,160
Inventory	140,250	90,690
All other assets	435,900	333,580
Accounts payable	131,625	109,500
Bank note payable, due in 90 days	60,000	36,000
Note payable, due in 8 years	34,375	27,500
Sales	980,800	800,680
Cost of goods sold	827,500	651,780
Operating expenses	35,650	26,330

Compute the following for 2008 given the data provided:

A: Activity ratios.

B: Liquidity and solvency ratios

Reference no: EM1315382

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