See attachment for full problem description
Compute these values and ratios for 2006 and 2007.
a)earnings per share
d)debt to total assets ratio
e)free cash flow
f)based on the ratios calculated discuss briefly the improvement or lack thereof in financial position and operating results from 2006 to 2007 of Mere Corporation.
Please find attached, a formatted MS Excel spreadsheet containing the information below, as well as formulas within the cells which illustrate how the ratios were calculated. Please feel free to contact me in the future, in the event that additional assistance is required.
2007 2006 Formula
a) Earning Per Share $2.19 $1.67 Net Income / Average Outstanding Shares
b) Working Capital $90,000 $85,000 Current Assets - Current ...
Please find attached, a formatted MS Excel spreadsheet containing the information on the creation and use of financial ratios and values.