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    BMC Corporation Accounting and Ratio Analysis

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    6.

    BMC CORPORATION INCOME STATEMENT
    FISCAL YEAR ENDING 12/31/2004
    (DOLLARS IN THOUSANDS)

    Net Sales $1025
    Cost of Goods Sold 682
    Gross Profit Margin 343
    Depreciation 31
    Operating Expense 103
    Administrative Expense 127
    Operating Profit 82
    Interest 27
    Profit Before Tax 55
    Taxes 17
    Net Income $38

    BMC CORPORATION BALANCE SHEET
    FISCAL YEAR ENDING 12/31/2004
    (DOLLARS IN THOUSANDS)

    ASSETS LIABILITIES
    Cash $ 61 Notes payable $223
    Accts rec 286 Accounts payable 152
    Inventory 354 Accruals 32
    Ttl cur assts 701 Total current liabilities 407
    Net fixed assets 802 Long term debt 306
    Common stock ($1.50 par) 102
    Paid in surplus 226
    Retained earnings 462
    Total liabilities and
    Total assets $1503 Stockholders' equity $1503

    12. What was BMC'S return on equity in 2004?

    13. What was BMC'S quick ratio for 2004?

    14. What was BMC'S interest coverage for 2004?

    15. What was BMC'S current ratio at year-end 2004?

    16. What was BMC'S net profit margin?

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    https://brainmass.com/business/current-ratio/bmc-corporation-accounting-ratio-analysis-269954

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    The problem set deals with ratio analysis.

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