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

Chemistry, explain elecrochemical series and give its applications

explain elecrochemical series and give its applications

Arc Length and Welding Voltage, Can I have the difference between the two

Can I have the difference between the two

Water traetment, what are the different phosphates used in water treatment?...

what are the different phosphates used in water treatment?

Leverage, defination of leverage,objectives,enterpritation,analysis,conclus...

defination of leverage,objectives,enterpritation,analysis,conclusion,references,review of literature.

Sprag clutch - aircraft engine, Sprag Clutch : Sprag clutches are used ...

Sprag Clutch : Sprag clutches are used to provide the disconnect mechanism between the starter motor and the engine. The clutch will transmit drive from the starter motor, but

Thermodynamics of materials, outline five (5) areas where thermodynamics ca...

outline five (5) areas where thermodynamics can be applied in materials engineering

Mpmc, .What is MASM? Explain its features

.What is MASM? Explain its features

Polymers, what are the merits and demerits of free radical

what are the merits and demerits of free radical

Logic gate - nand gate, NAND Gate; When constructing a NAND gate using ...

NAND Gate; When constructing a NAND gate using transistors as the switching devices, the output often represents the 'inversion' of the "AND" gate. Figure 4 shows an example o

Working capital, 5. From the following details you are required to make an ...

5. From the following details you are required to make an assessment of the average amount of working capital requirement of Hindustan Ltd. Particulars Average period of credit E

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