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

---

Definitions:

Directives

commands or instructions given with authority, often used in legal, professional, or organizational contexts.

Positive Feedback

A response or information that reinforces a behavior, encouraging its repetition or amplification.

Coping Ability

The capacity or skills individuals have to manage and endure stress and adversity in their lives.

Reciprocal Empathic Responding

The mutual exchange of understanding and sharing of feelings between individuals, often facilitating emotional support and connection.