Refer to Remington s financial statements in Exercise 12 65 and the
Refer to Remington’s financial statements in Exercise 12-65 and the information below.
At January 1, 2010, total stockholders’ equity was $2,083,122 and there was no preferred stock.

1. Compute the four stockholder ratios (in percentage terms, rounded to two decimal places except for EPS, which should be rounded to nearest cent) for 2010 and 2011.
2. Indicate whether there were significant changes in these ratios between the years ended December 31, 2011, and December 31, 2010. Determine whether the stockholder ratios suggest that Remington was a better investment at December 31, 2011, or December 31, 2010.
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help