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

Difference between fin and swell, Difference Between Fin and Swell    ...

Difference Between Fin and Swell          Swell : The unintentional bulges found on the casting surfaces are known as swells. Such enlargements on the casting surface are cau

Fluid cleaning in cold section inspection of aircraft, Fluid Cleaning T...

Fluid Cleaning This procedure involves spraying an emulsive type surface cleaning fluid into the compressor whilst the engine is turning either on the starter motor or at low R

Trusses, Analysis of truste,2D truss analysis using method of joint(cantile...

Analysis of truste,2D truss analysis using method of joint(cantilever & simply support)?

Constraction technology, test for chemical stability of aggregates

test for chemical stability of aggregates

Java, 2. Differentiate between stream oriented and data gram oriented socke...

2. Differentiate between stream oriented and data gram oriented socket in java?

Brainwave pattern recognition, need help to create GUI

need help to create GUI

What is inflation?, What Is Inflation? In economic terms, blowing up is ...

What Is Inflation? In economic terms, blowing up is the development of the costs of products or solutions in the given economic climate over a time period. As the costs increase

Tin smelting, How can calculate for charging of tin smelting with reverbera...

How can calculate for charging of tin smelting with reverberatory furnaces?

Amplitude shift keying, explain the operation of bask

explain the operation of bask

Rotating Equipment, #What are the types of pumps used in oil industry? How...

#What are the types of pumps used in oil industry? How to perform fault finding report?

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