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

DO ASSIGNMENT, How can I get my assignment without plagiarism

How can I get my assignment without plagiarism

Security Analysis & Portfolio management, ABC Ltd. has an investment opport...

ABC Ltd. has an investment opportunity available which will involve a capital outlay in each of the next 2 years and which will produce benefits during the following 3 years. A sum

Find out the heat loss, A 3.6-cm inside diameter stainless steel pipe is be...

A 3.6-cm inside diameter stainless steel pipe is being used to convey a liquid food. The inside convective heat-transfer coefficient is 10 J/s.m2. o C. The pipe is 0.5 cm thick and

My personal project - seventh grader, What makes buildings earthquaqe resis...

What makes buildings earthquaqe resistant?

Crude oil assy, what is the importance of cetane number in crude oil assy?

what is the importance of cetane number in crude oil assy?

#title.electronic devices., Advantages and dis advantages of a diode in ser...

Advantages and dis advantages of a diode in series /shunt

Embedded system, do u do embedded system assignment?

do u do embedded system assignment?

Project management, how to develop work breakdown structure

how to develop work breakdown structure

Forgin exchange, The following exchange rates are available to you. (You ca...

The following exchange rates are available to you. (You can buy or sell at the stated rates.) Mt. Fuji Bank ¥85.00/$ Mt. Rushmore Bank SF1.356/$ Mt. Blanc Bank ¥64.74/SF Assume t

Capital structure, definition of net income approach

definition of net income approach

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