Below is selected information from Marker's 2012 financial statements: Cash and short-term investments Accounts Receivable (net) Inventories Prepaid Expenses and other current assets Total Current Assets Plant, Property and Equipment, net Intangible Assets Total Assets As of Dec. 31, 2012 Dec. 31, 2011 $ 978,245 125,850 $ 745,800 135,400 195,650 175,840 45,300 30,860 $1,345,045 $1,087,900 1,478,320 125,600 $2,948,965 1,358,700 120,400 $2,567,000 Short-term borrowings Current portion of long-term debt Accounts payable $ 25,190 45,000 $ 38,108 40,000 325,900 Accrued liabilities Income taxes payable Total Current Liabilities Long-term Debt Total Liabilities 285,400 916,722 705,891 125,400 115,600 $1,397,712 $1,225,499 470,000 430,000 $1,867,712 $1,655,499 $1,081,253 $2,948,965 $ 911,501 $2,567,000 Shareholders' Equity Total Liabilities and Shareholders' Equity Selected Income Statement Data - for the year ending December 31, 2012: Net Sales Cost of Goods Sold $3,810,645 (2,310,210) Operating Income Net Income $ 1,500,435 $ 324,850 Selected Statement of Cash Flow Data - for the year ending December 31, 2012: Cash Flows from Operations Interest Expense $584,750 42,400 114,200 Income Tax Expense 21. Calculate Marker's 2012 Interest Coverage ratio: 22. Calculate Marker's 2012 Long-term Debt to Shareholders' Equity ratio is: 23. Calculate Mark's current ratio 24. Calculate Marker's accounts receivable turnover ratio:rect method, an increase in Inverto 25. Calculate Marker's quick ratio:vities section
Below is selected information from Marker's 2012 financial statements: Cash and short-term investments Accounts Receivable (net) Inventories Prepaid Expenses and other current assets Total Current Assets Plant, Property and Equipment, net Intangible Assets Total Assets As of Dec. 31, 2012 Dec. 31, 2011 $ 978,245 125,850 $ 745,800 135,400 195,650 175,840 45,300 30,860 $1,345,045 $1,087,900 1,478,320 125,600 $2,948,965 1,358,700 120,400 $2,567,000 Short-term borrowings Current portion of long-term debt Accounts payable $ 25,190 45,000 $ 38,108 40,000 325,900 Accrued liabilities Income taxes payable Total Current Liabilities Long-term Debt Total Liabilities 285,400 916,722 705,891 125,400 115,600 $1,397,712 $1,225,499 470,000 430,000 $1,867,712 $1,655,499 $1,081,253 $2,948,965 $ 911,501 $2,567,000 Shareholders' Equity Total Liabilities and Shareholders' Equity Selected Income Statement Data - for the year ending December 31, 2012: Net Sales Cost of Goods Sold $3,810,645 (2,310,210) Operating Income Net Income $ 1,500,435 $ 324,850 Selected Statement of Cash Flow Data - for the year ending December 31, 2012: Cash Flows from Operations Interest Expense $584,750 42,400 114,200 Income Tax Expense 21. Calculate Marker's 2012 Interest Coverage ratio: 22. Calculate Marker's 2012 Long-term Debt to Shareholders' Equity ratio is: 23. Calculate Mark's current ratio 24. Calculate Marker's accounts receivable turnover ratio:rect method, an increase in Inverto 25. Calculate Marker's quick ratio:vities section
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