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What is the inventory turnover for the company

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Reference no: EM132499231

The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

Balance Sheet

Assets

Cash and short-term investments 40,000

Accounts receivable, net 25,000

Inventory 20,000

Property, plant, and equipment 210,000

Total Assets 295,000

Liabilities and Stockholders' Equity

Current Liabilities 60,000

Long-term liabilities 85,000

Stockholders' equity -- common 150,000

Total Liabilities and Stockholders' Equity 295,000

Income Statement

Sales 85,000

Cost of goods sold 45,000

Gross profit 40,000

Operating expenses 20,000

Net income 20,000

Number of shares of common stock 6,000

Market price of common stock 20

Dividends per share 0.90

Requirements:

Question 1. What is the current ratio for this company?

Question 2. What is the receivable turnover for this company?

Question 3. What is the inventory turnover for this company?

Question 4. What is the Debt/Equity ratio?

Question 5. What is the return on sales?

Question 6. What is the Earnings per share (EPS)?

Question 7. What is the dividend pay-out ratio?

Question 8. What is the net income or net profit ratio?

Question 9. What is the gross profit ratio?

Reference no: EM132499231

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