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can you help me fill these please. Lilac Ltd. 2019 Income Statement ($ in million) Sales $2,311
Cost of goods sold $1,344 Depreciation $276 Earning before interest and tax Interest paid
Taxable income Net income Dividedns Addition to retained earnings
3. Based on the balance sheet and income statement of Lilac Ltd. (Excel file), calculate the
following ratios for 2019 and briefly explain what each ratio explains. (45 points) A. Current
ratio B. Quick ratio C. Cash ratio D. Inventory turnover E. Receivables turnover F. Days' sales in
inventory G. Days' sales in receivables H. Total debt ratio I. Long-term debt ratio J. Times
interest rate ratio K. Cash coverage ratio

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can you help me fill these please. Lilac Ltd. 2019 Income St.pdf

  • 1. can you help me fill these please. Lilac Ltd. 2019 Income Statement ($ in million) Sales $2,311 Cost of goods sold $1,344 Depreciation $276 Earning before interest and tax Interest paid Taxable income Net income Dividedns Addition to retained earnings 3. Based on the balance sheet and income statement of Lilac Ltd. (Excel file), calculate the following ratios for 2019 and briefly explain what each ratio explains. (45 points) A. Current ratio B. Quick ratio C. Cash ratio D. Inventory turnover E. Receivables turnover F. Days' sales in inventory G. Days' sales in receivables H. Total debt ratio I. Long-term debt ratio J. Times interest rate ratio K. Cash coverage ratio