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

Marine refrigeration, discuss about marine refrigeration

discuss about marine refrigeration

Engineering economic analysis definition, Introduction Engineering Econ...

Introduction Engineering Economic Analysis Definition: using a combination of quantitative and qualitative techniques to analyze economic differences among engineering design a

Airflow through divergent and convergent ducts, DIVERGENT DUCT A divergen...

DIVERGENT DUCT A divergent duct widens out as the airflow progresses through it. At subsonic speeds the effect of this kind of duct is to decrease the velocity and increase the p

Classifications of moulding sands, 1. Generally moulding sands can be class...

1. Generally moulding sands can be classified as:           (a) Natural Sand           (b) Synthetic or High Silica Sand           (c) Chemically Coated Sand

Project management, how to develop work breakdown structure

how to develop work breakdown structure

Kan bans in manufacturing enviornment, what are the advantages of dual-card...

what are the advantages of dual-card Kanban system campared to single card in a manufacturing environment

Aircraft controls, The aerodynamic flight controls of a typical aeroplane ...

The aerodynamic flight controls of a typical aeroplane include ailerons (British: ξ ("Xi"); US: da or δa), elevator (British: η ("eta"); US de or δe), and rudder (British: ζ ("zeta

Laws of chemical combination, FeCl+NaOH

FeCl+NaOH

Thermodynamics, show that heat and work are path functons

show that heat and work are path functons

Math algebra calcilus, I am having difficulty with algebra pertaining toeng...

I am having difficulty with algebra pertaining toengineering

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