Question

RATIO ANALYSIS OF COMPARATIVE FINANCIAL STATEMENTS Refer to the financial statements in Problem 24-8B.
REQUIRED
Calculate the following ratios and amounts for 20-1 and 20-2 (round all calculations to two decimal places).
(a) Return on assets (Total assets on January 1, 20-1, were $111,325.)
(b) Return on common stockholders’ equity (Total common stockholders’ equity on
January 1, 20-1, was $82,008.)
(c) Earnings per share of common stock (The average numbers of shares outstanding were 6,300 shares in 20-1 and 6,900 in 20-2.)
(d) Book value per share of common stock
(e) Quick ratio
(f) Current ratio
(g) Working capital
(h) Receivables turnover (Net receivables on January 1, 20-1, were $28,995.)
(i) Merchandise inventory turnover (Merchandise inventory on January 1, 20-1, was $32,425.)
(j) Debt-to-equity ratio
(k) Asset turnover (Assets on January 1, 20-1, were $111,325.)
(l) Times interest earned ratio
(m) Profit margin ratio
(n) Assets-to-equity ratio
(o) Price-earnings ratio (The market price of the common stock was $120.00 and $110.00 on December 31, 20-2 and 20-1, respectively.)



$1.99
Sales1
Views243
Comments0
  • CreatedDecember 20, 2011
  • Files Included
Post your question
5000