The following are the values for the month. Calculate the following ratios based on this data Sales                   860000 Gross profit        215000 Net profit            77400 Current assets    162000 Current liabilities 81000 Closing stock       64800 Ordinary Share capital 800,000 Long-term loan   516000 Retained Earnings 232000 Q) Calculate Debt/Equity, gross profit ratio and current ratio

Managerial Accounting: The Cornerstone of Business Decision-Making
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Chapter15: Financial Statement Analysis
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Problem 50E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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The following are the values for the month. Calculate the following ratios based on this data

Sales                   860000

Gross profit        215000

Net profit            77400

Current assets    162000

Current liabilities 81000

Closing stock       64800

Ordinary Share capital 800,000

Long-term loan   516000

Retained Earnings 232000

Q) Calculate Debt/Equity, gross profit ratio and current ratio

 
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