Homework answers / question archive / The following information for Ford Company for the year 2019 has been assembled: (6 marks) Market value at December 31, 2019

The following information for Ford Company for the year 2019 has been assembled: (6 marks) Market value at December 31, 2019

Finance

Share With

1. The following information for Ford Company for the year 2019 has been assembled: (6 marks)

Market value at December 31, 2019 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $600,000

Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000

Debt ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40%

Return on sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10%

Asset turnover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.0

You are required to compute the following information:

a. Total assets                               b. Sales

c. Net income                                d. Price-earnings ratio

kindly explain also