Calculate the missing value using the appropriate financial statement ratio.
A) Total liabilities are $1,055,880, while total assets are $1,257,000. Calculate the debt -to-assets ratio.
B) The asset turnover ratio is 1.4, while sales revenue is $42,000. Assets at the beginning of the accounting period were $25,000. Calculate assets at the end of the accounting period.
C) The net profit margin ratio is 12% and sales revenue is $400,000. Calculate the net income. D) The debt-to-assets ratio is 61% and assets are $150,000. Calculate total liabilities.
E) The net profit margin ratio is 0.128 and net income is $160,000. Calculate sales revenue.
F) Refer to the information in part
E. Sales revenue increase by $250,000 and expenses increase by $150,000.
Calculate the new net profit margin ratio.
A) The asset turnover rate is 0.86 and the company invests $485,000 in new equipment and facilities. Assume

Question

Quizplus · Accepted Answer

The Answer of Calculate the missing value using the appropriate financial statement ratio.
A) Total liabilities are $1,055,880, while total assets are $1,257,000. Calculate the debt -to-assets ratio.
B) The asset turnover ratio is 1.4, while sales revenue is $42,000. Assets at the beginning of the accounting period were $25,000. Calculate assets at the end of the accounting period.
C) The net profit margin ratio is 12% and sales revenue is $400,000. Calculate the net income. D) The debt-to-assets ratio is 61% and assets are $150,000. Calculate total liabilities.
E) The net profit margin ratio is 0.128 and net income is $160,000. Calculate sales revenue.
F) Refer to the information in part
E. Sales revenue increase by $250,000 and expenses increase by $150,000.
Calculate the new net profit margin ratio.
A) The asset turnover rate is 0.86 and the company invests $485,000 in new equipment and facilities. Assume

Calculate the Missing Value Using the Appropriate Financial Statement Ratio