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

Java, 2. Differentiate between stream oriented and data gram oriented socke...

2. Differentiate between stream oriented and data gram oriented socket in java?

.quantifying financial risk, What is the standard deviation of return if we...

What is the standard deviation of return if we have the following two possible outcomes: a rise of 8.00 per cent with 0.58 probability or a fall of -6.00 per cent?

#titleMetrics.., Suppose you are managing a software-development project fo...

Suppose you are managing a software-development project for which reliability is a major concern. A continual stream of anomalies is discovered in the software during the testing p

Aerodynamics-boundary layers, Approach The Hanley solver does solve for ...

Approach The Hanley solver does solve for the boundary layer and potential flow (in a way we will think about later). However, it only gives us full access to the potential solu

Tabular method, Ask question #Minimumsolve the following convolution in tab...

Ask question #Minimumsolve the following convolution in tabular form X(n)={1 2 -3 4 } h(n)={1 2 3 4 } 100 words accepted#

Hysteresis, hysteresis loss least epends on

hysteresis loss least epends on

Cell arrays matlab, Expertsmind.com offers  Cell Arrays matlab assignment ...

Expertsmind.com offers  Cell Arrays matlab assignment help In matlab, Cell arrays are just like frequent arrays in that they are "indexed" details of information, with an out

Fire fighting operations - high rise buildings, Fire fighting operations - ...

Fire fighting operations - high rise buildings: Inlets that allow the fire service to supplement to water to the sprinklers and to the fire mains are useful additions to the m

Flight control - linear system, Representations of a linear system The ...

Representations of a linear system The linear system of Section is shown in block diagram To determine the responseof the output of the system y(t) to an input u(t) the initial

Write Your Message!

Captcha
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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd