East Coast Yachts Case Yacht Industry Ratios Lower Quartile Median Upper Quartil

Question

East Coast Yachts Case Yacht Industry Ratios Lower Quartile Median Upper Quartile Current ratio 0.50 1.43 1.89 Quick ratio 0.21 0.38 0.62 Total asset turnover 0.68 0.85 1.38 Inventory turnover 6.85 9.15 16.13 Receivables turnover 6.27 11.81 21.45 Debt ratio 0.44 0.52 0.61 Debt-equity ratio 0.79 1.08 1.56 Equity multiplier 1.79 2.08 2.56 Interest coverage 5.18 8.06 9.83 Profit margin 4.05% 6.98% 9.87% Return on assets 6.05% 10.53% 15.83% Return on equity 9.93% 16.54% 28.14% 1. Calculate all of the ratios listed in the industry table for East Coast Yachts

Explanation / Answer

1. The calculations for the ratios listed are: Current ratio = $14,651,000 / $19,539,000 = 0.75 times Quick ratio = ($14,651,000

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