Divergent Technologies reported the following information in their 2012 annual report:
1. Determine the inventory turnover ratio
2. Determine the average days to sell inventory ________
3. Explain the meaning of each number.
Definitions:
Total Debt Ratio
A financial metric that compares the total liabilities of a company to its total assets, indicating how much of the company's assets are financed by debt.
Total Equity
The total net worth of a company as calculated by subtracting total liabilities from total assets, representing the owners' stake in the company.
Times Interest Earned Ratio
A metric used to measure a company's ability to meet its interest payments, calculated as earnings before interest and taxes divided by interest expense.
Price-Earnings Ratio
A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is over or under-valued.
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