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Business, 08.10.2019 03:00 kimhayleeshook50

Review of financial ratiosin its closing financial statements for its first year in business, the runs and goses company, had cash of $242, accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts payable of $700, short-term notes payable of $740, long-term liabilities of $1,100, common stock of $1,160, retained earnings of $1,620, net sales of $2,768, cost of goods sold of $1,210, depreciation of $360, interest expense of $160, taxes of $312, addition to retained earnings of $508, and dividends paid of $218.calculate: return on equity = ? ? return on total assets = ? ? gross profit margin = ? ? net profit margin = ? ? operating profit margin = ? ? sales to total asset ratio = ? ? current ratio = ? ? debt ratio = total debt / total asset = ? ? debt / equity ratio = ? ? equity multiplier = ? ? interest coverage ratio = ? ?

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