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

Circuit Problem, Please solve this problem fully http://i39.tinypic.com/6...

Please solve this problem fully http://i39.tinypic.com/64h3kl.png

Aeronautical engineering, what is rigidity modulus?mention its units?

what is rigidity modulus?mention its units?

Rake angle, end cutting angle

end cutting angle

Prepare a short document to sensitise public, Since the introduction of mob...

Since the introduction of mobile phones and other smart devices, concerns (both scientific and public) have been raised about the potential health impacts from regular use. Numerou

Homework, What are the no-arbitrage lower bound, and the no-arbitrage upper...

What are the no-arbitrage lower bound, and the no-arbitrage upper bound, of the vertical spread C(k1) - C(k2) ?

About acidityb of floure, why wehabve to determine the acidity of floure

why wehabve to determine the acidity of floure

Technical Paper, I need help summarizing a technical paper.

I need help summarizing a technical paper.

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

Advantages and dis advantages of a diode in series /shunt

Installing aircraft parts, Installing Aircraft Parts: Prior to fit remo...

Installing Aircraft Parts: Prior to fit remove the label from the engine and attach it to the paperwork for safekeeping. Check the engine over to ensure it is complete and chec

Abradable linings-aircraft engine, Abradable Linings: Abradable Linings...

Abradable Linings: Abradable Linings are usually made of a composite material which will be abraded away should the tip of a rotating blade touch the material. In flight the ca

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