Managing Engineering and Technology 6th Edition by Lucy Morse,Daniel Babcock

Exercise 4

For 2012 a company reported (in millions of dollars) net sales of $10, cost of goods sold of $4.4, other (sales, G A, and interest) expense of $1.2, and income taxes of $1.6. As of December 31, 2012, the company had $1 cash and securities, $1.4 accounts receivable, and $2 inventory; it owed $2 in current liabilities (including unpaid taxes) and $2.5 in long-term debt. Calculate as many financial ratios as you can with the information provided.