For Week 4, please complete the following for Joe’s Fly-By-Night Oil Company, whose financial statements are shown below: Homework Assignment for Week 4:

/in /by

Homework Assignment for Week 4:

For Week 4, please complete the following for Joe’s Fly-By-Night Oil Company, whose financial statements are shown below:
Homework Assignment for Week 4:

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

For Week 4, please complete the following for Joe’s Fly-By-Night Oil Company, whose financial statements are shown below:
• Prepare a ratio analysis for the fiscal year ended Dec 31, 2012. Organize your analysis per the following outline:

(1) Liquidity
– Current ratio
– Quick ratio
Comments on liquidity

(2) Asset management
– Total Asset turnover
– Average collection period (ACP)
Comments on asset management

(3) Debt management
– Debt ratio
– Times interest earned
Comments on debt management

(4) Profitability
– Net profit margin
– Return on Assets (ROA)
– Return on Equity (ROE)
– Extended Du Pont equation
Comments on profitability to include your comments on the sources of ROE
revealed by the Du Pont equation

(5) Market value ratios
– PE ratio
– Market to book ratio
Comments on the market value ratios

For the purposes of this exercise, assume the following data for Joe’s Fly-By-Night Oil:

Stock price on Dec 31, 2012…$50.00
Number of common shares outstanding on Dec 31, 2012…1,000

The post For Week 4, please complete the following for Joe’s Fly-By-Night Oil Company, whose financial statements are shown below: Homework Assignment for Week 4: appeared first on Infinitessays.org.