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

Crystal imperfection, Q.   What is crystal imperfection? Briefly discuss ...

Q.   What is crystal imperfection? Briefly discuss all types of point defects in crystals. Ans. The various type of crystal imperfection are as follows: (1)   Point de

Fire alarm systems - look for when inspecting, Fire alarm systems: Fir...

Fire alarm systems: Fire alarm systems can be very complex and it is usually not possible for an enforcing officer to check all the cabling, the components, the software and t

Electronic engine control systems - aircraft engine, Electronic engine cont...

Electronic engine control systems : Advances in gas turbine technology have demanded more precise control of engine parameters than can be provided by hydromechanical fuel cont

Fire alarm systems, Fire alarm systems: All buildings require a means ...

Fire alarm systems: All buildings require a means by which the warning  of  fire  can  be  given  to  all occupants.  In the very smallest premises this might be achievable by

Poultry numericals, design cage type poultry house for 1000 lying birds als...

design cage type poultry house for 1000 lying birds also specify the equipments for feeding,watering,lighting and protecting birds.

Heat and mass transfer, attachment

attachment

Computational aerodynamics-guided reading, It is recommended that if possib...

It is recommended that if possible you should buy a copy of this book. It will prove useful for the new fourth year configurational aerodynamics module also. Blackwells bookshop ha

Material used for patterns, Material Used for Patterns : The common materi...

Material Used for Patterns : The common materials of which the patterns are made of the following :             1. Wood: The common woods are :             (i)   Pine

Ampere''s law in matlab, how can i write ampere law code in matlab ???

how can i write ampere law code in matlab ???

Matlab, how to use mean and standard deviation with matlab?

how to use mean and standard deviation with matlab?

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