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  1. business
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  3. the following account information was taken from s

The following account information was taken from saber company latest income statement Revenue =632,000...

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Accounting

The following account information was taken from saber company latest income statement
Revenue =632,000
Cost of sale=328100
Selling and marketing expenses=108800
Administrative expenses=98000
Interest expense=17500
The company income tax ratio=28%
Additionally the following account information was taken from saber companys latest statement of financial position
Cash=26100
Marketable securities=45000
Trade receivables=28500
Prepaid expenses=11000
Inventories=41400
Equipment(net)=62000
Building ( net)=186200
Trade/ other payables=24100
Notes payable (due in 1 year)=40000
Accurals=17000
Income tax payable=8000
Loan payable(long term)=105000
Common share=127600
Retained earnings=78500
Calculate the following ratios and compare against industry benchmarks where
Current ratio=1.71
Debt ratio =48.50
Find the : time interest earned ratio , average collection period , inventory turnover ratio, profit margin on revenue
Note: two digit after the decimal

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