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

Armature cipl, in which type of armature winding Equaliser ring dummy coils...

in which type of armature winding Equaliser ring dummy coils are used

MICRO PROCESSOR, Describe the operation an 8086 will perform when it excute...

Describe the operation an 8086 will perform when it excutes ADD AX,BX

#title.project, what type of projects are take place in the chemical engin...

what type of projects are take place in the chemical engineering

Construction techonology, ASSIGNMENT

ASSIGNMENT

Embedded system, I have an assignment of engine control unit (hardware desi...

I have an assignment of engine control unit (hardware design and programming) if you have an expert.....

Laptop, How laptop making main function plz established??

How laptop making main function plz established??

Fire suppression in aircraft , Fire suppression Typical fixed systems i...

Fire suppression Typical fixed systems in the types of aircraft for which fixed fire extinguisher systems are specified, it is usual for the extinguishant to be stored in the c

Solidification of casting, Q. Describe the terms "Solids zone", "Mushy Zone...

Q. Describe the terms "Solids zone", "Mushy Zone" and "Liquid Zone" used in solidification of casting and explain directional solidification in casting. Ans. Solidificati

thermodynamics, Steam enters in the turbine at 6 MPa and 450 deg C and exp...

Steam enters in the turbine at 6 MPa and 450 deg C and expands at some intermediate pressure 60 % of steam is extracted and remainder expands to 10 kPa at this Investigate the effe

Do you have fire engineer??, Do you have fire engineer??

Do you have fire engineer??

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