Balance Sheet Nezuko Inc

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Balance Sheet

Nezuko Inc. Statement of Financial Position For the Year Ended 2020 (Expressed in $ millions) Assets Cash S 90.00 Accounts Receivable 162.00 Inventory 378.00 Other current assets 13.50 Total current assets S 643.50 Gross plant and equipment 1,845.00 Less: Accumulated Depreciation (517.50) Net plant and equipment S 1,327.50 Total Assets 1.971.00 Liabilities and Owner's Equity Accounts Payable S 189.00 Accrued expenses 45.00 Short-term loans 54.00 Total current liabilities S 288.00 Long-term debt 771.75 Total Liabilities $ 1.059.75 Common stockholders' equity Common stock - par value 45.00 Paid in capital 324.00 Retained earnings 542.25 Total common stockholders' equity 911.25 Total liabilities and stockholders' equity $ 1.971 00

Nezuko Inc. Statement of Comprehensive Income For the Year Ended December 31, 2020 (Expressed in millions, except per share data) Sales S 2,700.00 Cost of goods sold (2.025.00) Gross profits S 675.00 Operating expenses: Selling expenses $ (90.00) General and administrative expenses (67.50) Depreciation and amortization expense (135.00) Total operating expense (292.50) Net operating income (EBIT or earnings before interest and taxes) S 382.50 Interest expense (67.50) Earnings before taxes S 315.00 Income taxes (110.25) Net Income S 204.75 Additional Information: Dividends paid to stockholders during 2020 S 45.00 Number of common shares outstanding 90.00 Earnings per share (EPS) 2.28 Dividends per share 0.50

1. What is the current ratio of Nezuko Inc.? 

 

2. What is the Acid-test ratio of Nezuko Inc. 

 

3. Compute for the ratio that measures how quickly Nezuko Inc. inventory converted into sales *

 

4. Compute for the ratio that measures Nezuko Inc.'s ability to meet interest payment. 

 

5. Compute for the ratio that measures the margin of sales of Nezuko Inc. is achieving?

 

6. What is the total asset turnover of Nezuko Inc.