Use the following selected financial information for Wilcox Corporation to answer questions . Wilcox Corporation
Income Statement
For the Year Ended December 31,2015
Net sales Cost of goods sold Gross profit Operating expenses Operating profit Interest expense Earnings before taxes Income tax expense Net profit $2,8701,985$885620$26540$22580$145 Wilcox Corporation
Balance Sheet
December 31, 2015
Assets Current assets Cash Short-term investments Accounts receivable Inventory Total current assets Long-term assets Net PPE Goodwill Total assets $251570150260390210$860 Liabilities and stockholders’ equity Current liabilities Accounts payable Accrued liabilities Total current liabilities Long-term debt Total liabilities Stockholders’ equity Common stock and PIC Retained earnings Total stockholders’ equity Total liabilities and equity $854513024037080410490$860 WilcoxCorporation
Statement of Cash Flow Information
For the Year Ended December 31, 2015
Cash from operating activities Investing activities: Capital expenditures Acquisitions Financing activities: Proceeds from long-term borrowing Payments on long-term borrowing Payments of cash dividends Cash paid for interest Cash paid for income taxes $150$60$10$50$25$20$10$75
-Wilcox's debt ratio is:
FITT
An acronym for Frequency, Intensity, Time, and Type; a principle used in creating and managing exercise programs to achieve desired fitness outcomes.
Frequency
The rate at which an event or phenomenon occurs over a specific time period, often used in the context of exercise or other routines.
Intensity
The level of effort or exertion required by a physical activity or exercise, often categorized as low, moderate, or high.
Mitochondria
Organelles found in most cells, responsible for producing energy by converting food into adenosine triphosphate (ATP) through the process of oxidative phosphorylation.