The user has updated the question:,,User’s response: Modern Appliances Corporation has reported its financial result for the year ended December 31, 2008,Income statement for the fiscal year ended December 31, 2008,,,Net——————————————- $5,398,412,000,Cost of goods sold—————————–$3,432,925,255,Gross profit———————————–$1,965,486,745 ,Selling, general, and administrative expenses–$1,036,311,231,Depreciation———————————–$299,928,155,Operating Income——————————-$629,247,359,Interest expense——————————-$35,826,000,EBT ——————————————-$593,421,359,Income taxes———————————–$163,104,554,Net earnings———————————–$430,316,805,,,,,Consolidated balance sheet,Modern Appliances Corporation ,December 31, 2008,,,"ASSETS:,,Cash and cash equivalents $514,412,159,Accounts receivable $1,046,612,233 ,Inventories $981,870,990 ,Other current asset $313,621,610,Total current assets $2,856,516,992 ,Net fixed Assets $754,660,275 ,Goodwill $118, 407,710,Other assets $665,058,761,Total assets $4,394,643,738 ,,,,LIABILITY AND EQUITY:,,short-term borrowings $117,109,865 ,Trade account payable $466,937,985,other current liability $994,289,383,Total current liability $1,578,337,233,long term debt $1,200,691,565,common stock $397,407,352,Retained earnings $1,218,207,588 ,Total liability equity $4,394,643,738",,,,Using the information from the financial statements complete a comprehensive ratio analysis for modern appliances corporation.,,,,,-Calculate these liquidity ratios: current and quick.,,-Calculate these efficiency ratios: inventory turnover, accounts receivable turnover DSO.,,-Calculate these assets turnover ratio: total asset turnover, fixed asset turnover.,,-Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier,,-Calculate these coverage ratios: time interest earned, cash coverage. ,,-Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE.,,Use the DuPont identity, and after calculating the component ratios:, compute the ROE FOR THIS FIRM,
Regent Papers is a library of common essays on high school, college, undergraduate and postgraduate topics. We have collected top papers from various institution, students and professors. The papers are based on common essay topics in all subjects.
2922 Oak Grove Drive La Cañada Flintridge, CA 91521.
+2 54723059803 (text only-sms)