Income from Operations

A variant of inventory 365 days

turnover is the DAYS IN Inventory Turnover
INVENTORY.
A variant of the Accounts Receivable Turnover 365 days
ratio is to convert it to Accounts Receivable Turnover
an AVERAGE COLLECTION PERIOD in terms of
days.

Working Capital Current Asset - Current Liabilities

 365 60.8 b
=
Inventory turnover

Current assets 3 b. 3.0:1

=
Current liabilities 1

Net income 17.1% a

=
Net sales

Net income - preference dividends 59.4% d

=
Average ordinary share holders equity

Net income + Interest expense + Income tax expense = 14

Interest expense c
1,003,000 + 795,000
a. Working capital 5,490,000

b. Current ratio 1.1 :1

c. Acid test ratio 0.51 :1

No.

a. Current ratio

b. Inventory turnover

c. Profit Margin

d. Return on assets

e. Return on ordinary
shareholders' equity

f. Debt to assets ratio

g. Times interest earned

 2017 2016

1.50 1.66
1 1

2.4 2.5
times times

9.10% 5.92%

15.99% 9.81%

35.34% 21.30%

55.84% 53.63%

61.6 18.75
times times
a. Earnings per share
€1.72

b. Price earnings ratio

6.28

c. Payout ratio
25%

d. Times interest earned

6.5
Earnings per share

Price earnings ratio

times

Payout ratio

Times interest earned

times
a. Current ratio
2.42 :1

b. Acid-test ratio
1.75 :1

c. Accounts rceivable turnover

4.35 times

d. Inventory turnover
7.1 times

e. Profit margin
14.00%
 f. Asset turnover
0.86 times

g. Return on assets
0.12 times

rceivable turnover h. Return on ordinary shareholders' equity

19.86%

i. Debt to assets ratio

13.48%
a. Earnings per share
$3.20

b. Return on ordinary shareholders' equity

64%

c. Return on assets
21.35%
d. Current ratio
1.70 :1

e. Acid-test ratio
1.15 :1
 f. Accounts receivable turnover
17.44 times

ders' equity g. Inventory turnover

8.93 times

h. Times interest earned

19.4 times
i. Asset turnover
2.02 times

j. Debt to assets ratio

42.65%