Following are the financial statements of AB Ltd. for 2010.From the aforementioned table, calculate the following:Current ratioLiquid ratioReceivables turnover ratio and collection periodInventory turnover and holding periodFixed assets turnoverTotal assets turnoverDebt ratioD/E ratioInterest coverage ratioPAT marginROAROEEPSD/P ratioP/E ratioBook value per share Balance sheet ($ in millions)Income statement ($ inmillions)Assets2010 Liabilities and2010owners' equity2010Current assets:Current liabilities:Sales3,400CashAccounts payable200400Cost of goods sold1,200Accounts receivableBills payable500100Office and selling600InventoryTotal currentexpenses400500liabilitiesDepreciation102Total current assets 1,100 Long-term liabilities:Earnings beforeinterest and taxes1,498Long-term debt200Interest expense10Total long-termliabilitiesFixed assets:200Earnings before taxes1,488Property, plant, andequipment2,400 Shareholders' funds:Таxcs607Net income881Less: Accumulated2,100 Equity share capital($1 per share)Reserves & Surplus200depreciationDividends635Net fixed assets300500Transfer to reserves and246Total owners' equitysurplus700Other informationNumber of shares2001,400 Total liability andowners' equityTotal assets1,400Outstanding (millions)Price per share7.31

Name: Following are the financial statements of AB Ltd. for 2010.From the af
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Description: Following are the financial statements of AB Ltd. for 2010.From the aforementioned table, calculate the following:Current ratioLiquid ratioReceivables turnover ratio and collection periodInventory turnover and holding periodFixed assets turnoverTotal

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Following are the financial statements of AB Ltd. for 2010. From the aforementioned table, calculate the following: Current ratio Liquid ratio Receivables turnover ratio and collection period

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.4.2MBA: Return on assets The following data (in millions) were adapted from recent financial statements of...

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