User Account

All Pages

Financial Ratio, Other Engineering

Assignment Help:
The following information was extracted from the accounting records of De Walt Company as at 28 February 2011 (the end of their financial year):
Sales (50% on credit) 1 400 000
Cost of Sales (all goods purchased on credit) 700 000
Net Income after tax 120 000
Tangible Assets 530 000
Inventory 200 000
Receivables 100 000
Cash 50 000
Payables 150 000
Loans @ 10% pa 100 000
Equity (300 000 ordinary shares @ R2 per share) 630 000
NB: Shares are trading at R2,40 per share at present
Required
1.1. Calculate the current ratio and acid test ratio for the current year and comment (NB: ratios for the previous year: Current 1,6:1 and acid test 0,6:1)
1.2. Calculate the debt equity ratio and comment on their level of gearing.
1.3. Calculate the EPS
1.4. Calculate the PE Ratio and comment on its significance.
1.5. Calculate the Market to Book ratio. Explain the importance of this ratio.

Related Discussions:- Financial Ratio

Welding, what is causes of submage arc welding

what is causes of submage arc welding

Applications and demerits of electron microscope, Applications - (1)   ...

Applications - (1)          Electron microscopy is widely used in metallurgy, biology, material science, physics, chemistry, and many other technological fields. The developmen

Aerofoil aerodynamics – low speed flows, We now have some idea about what m...

We now have some idea about what models are available to simulate the flow over an aerofoil, and also how to use the Hanley package to apply these methods. Keep referring to you

Electronics, square wave generator using op amp

square wave generator using op amp

Dischage rate, stuck on a project that requires 5 outputs with 6 inputs and...

stuck on a project that requires 5 outputs with 6 inputs and all formulas

Avionic systems design- stability derivatives, The idea of stability deriva...

The idea of stability derivatives is to approximate the general functional relationship between any force ormoment variable and the dynamic or control variables as a Taylor series

Double pipe condenser, what is the meaning of water out?

what is the meaning of water out?

strength of materials, applications of the subject-strength of material

applications of the subject-strength of materials

How would undertake a waste audit, Question: a) Assume that you are the...

Question: a) Assume that you are the director of the Solid Waste Unit of the Ministry of Local Government. Explain how you would undertake a waste audit at the level of a munic

Diagonal relationship, Diagonal relationship betweent lithium and aluminium...

Diagonal relationship betweent lithium and aluminium

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd