## Answers

2014 | 2013 | |||||||||

1 | Current ratio:- | |||||||||

a. | Current Assets | $ 68,531 | $ 73,286 | |||||||

b. | Current Liabilities | $ 63,448 | $ 43,658 | |||||||

Ratio (a/b) | 1.08 | times | 1.68 | times | ||||||

2 | Quick or Acid Test Ratio:- | |||||||||

a. | Quick Assets | |||||||||

Cash and Cash equivalents+ Short term marketable securities + Accounts Receivable (net) | 13844+11233+17460 | = | $ 42,537 | 14259+26287+13102 | = | $ 53,648 | ||||

b. | Current Liabilities | $ 63,448 | $ 43,658 | |||||||

Ratio (a/b) | 0.67 | times | 1.23 | times | ||||||

3 | Profit Margin:- | |||||||||

a. | Net Income | $ 39,510 | $ 37,037 | |||||||

b. | Net Sales | $ 182,795 | $ 170910 | |||||||

Ratio (a/b) | 21.61% | 21.67% | ||||||||

4 | Return on Total Assets Ratio:- | |||||||||

a. | Net income | $ 39,510 | $ 37,037 | |||||||

b. | Average Total assets | |||||||||

opening + closing | 207000 + 231839 | = | $ 219,420 | 176064 + 207000 | = | $ 191,532 | ||||

2 | 2 | 2 | ||||||||

Ratio (a/b *100) | 18.01% | 19.34% | ||||||||

5 | Price earnings Ratio on Common Stock :- | |||||||||

a. | Market price per share | $ 100.75 | $ 68.96 | |||||||

b. | Earnings per share | $ 6.49 | $ 5.72 | |||||||

Ratio (a/b) | 15.52 | times | 12.06 | times | ||||||

Feel free to ask any clarification, if required. Please provide feedback by thumbs up, if satisfied. It will be highly appreciated. Thank you.

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