The Following Information Is Taken from the Financial Statements of B.Darin

question 13

Essay

The following information is taken from the financial statements of B.Darin Company:

Expenses include interest of $10,000 and income tax of $90,000.There was an average of 40,000 shares of common stock outstanding during the year and the market price of the stock is $15 per share at the end of the year.There was no preferred stock outstanding during the year.
Required:
Calculate the following ratios for the current year:
Part a.Fixed asset turnover
Part b.Return on equity (ROE)
Part c.Earnings per share (EPS)
Part d.Times interest earned
Part e.Price/Earnings ratio
Part f.Debt-to-assets ratio?Part g.Net profit margin

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Definitions:

Work Station 1

A specific area or desk set up for an individual to perform their job tasks, often equipped with necessary tools and technology.

Exponentially Distributed

Exponentially Distributed describes a type of continuous probability distribution that is often used to model the time between events in a process where events occur continuously and independently at a constant average rate.

Processing Time

The time taken to complete a particular process, often referred to in computing as the time a system takes to process a specific task.

Replications

Repeating experiments or simulations to obtain a more accurate estimate of the true characteristics of a phenomenon.