Find the quick asset ratios and times interest covered

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Question - Complete the following tasks using the given data set.

Assets -

Cash 200.000

Accounts receivable 400.000

Inventory 1.200.000

Plant 600.000

Total assets 2.400.000

Liabilities -

Accounts payable 800.000

Long-term debt 400.000

Capital 1.200.000

Total 2.400.000

Profit and loss -

Sales 1.600.000

Cost of goods sold 1.000.000

Operating expenses 200.000

Interest 100.000

Taxes 100.000

Net profit 200.000

Find the following:

(a) Current ratio

(b) Quick asset ratios

(c) Inventory turnover

(d) Collection period

(e) Fixed asset turnover

(f) Times interest covered

(g) Net profit margin

(h) Return on total assets

(i) Return on capital.

Reference no: EM132436016

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