Financial Ratio, The following information was extracted from the accounting records of, Other Engineering

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.

Write Your Message!

Name

Email id

Message

Verfication Code

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

User Account

All Pages

Financial Ratio, Other Engineering

Related Discussions:- Financial Ratio

Capital structure - case study, The following is the capital structure of X...

Oil pumps, what is the function and location of the components?

Chemistry, what is the role of chemistry in engineering

Propeller balance, PROPELLER BALANCE There are two types of balance of ...

Asteroid belt, Why is there an asteroid belt? - Rocky planetismals survive...

Small business management, how to calculate the ratio and break-even point ...

AVIATION, CONSTRUCTION, OPERATION, AND MAINTENANCE OF AVIATION METAL PROPEL...

Digital frequency meter, Explain block diagrams of digital frequency meter ...

Architectural graphics, How to draw schiography in a perspective view of an...

Design project, I need report explain every things about my project

Write Your Message!

Featured Services

Online Tutoring

Project Development

Exam Preparation

Course Help

Assignment Help

Popular Subjects

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT