Reference no: EM132768933
The following information is available for the ASA Company: Financial Information for 1993
Cash $500,000
Taxable Income $350,000
Account Payable $800,000
Long-term Debt $1,500,000
Accumulated Depreciation $400,000
Account Receivable $900,000
Excess Paid in Capital $500,000
Inventory $1,000,000
Taxes $50,000
Common Stock $1,400,000
Gross Fixed Assets $3,000,000
Retained Earnings $800,000
Net Sales $5,000,000
Problem A) What is firm's ROA (Return on Asset), and ROE (Return on Equity) in 1993?
Problem B) What is firm's Current & Quick Ratio in 1993?
Problem C) What is firm's Net Profit Margin and EPS (Earnings Per Share) in 1993? Assume that the firm has a total of 20,000 shares