Business, 18.03.2021 01:40 marie8627

Given the following financial data for Alpha Company, calculate the ratios listed below the data. (Compute all ratios and percents to 2 decimal points.) Sales (all on credit) $650,000
Cost of Goods Sold 422,500
Income before Income Taxes 78,000
Net Income 54,600

Ending Beginning
Balances Balances

Cash $19,500 $15,000
Accounts Receivable (net) 65,000 59,800
Merchandise Inventory 71,500 66,300
Plant and Equipment (net) 195,000 183,900
Total Assets $351,000 $325,000

Current Liabilities $74,100 $100,200
Long-Term Notes Payable 97,500 100,000
Stockholders' Equity 179,400 124,800
Total Liabilities and Stockholders' Equity $351,000 $325,000

A. Current Ratio

B. Acid-Test Ratio

C. Accounts Receivable Turnover

D. Days' Sales Uncollected

E. Inventory Turnover

F. Days' Sales in Inventory

G. Debt Ratio (%)

H. Gross Margin Ratio (%)

I. Return on Total Assets (%)

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Given the following financial data for Alpha Company, calculate the ratios listed below the data. (C...

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