Question: Sokov Company s income statement information follows The average

Sokov Company’s income statement information follows.

The average number of shares outstanding was 9,600 for 2014 and 8,000 for 2013.

Compute the following ratios for Sokov for 2014 and 2013 and round the computation to two decimal points.
a. Number of times interest was earned.
b. Earnings per share based on the average number of shares outstanding.
c. Price-earnings ratio (market prices: 2014, $64 per share; 2013, $78 per share).
d. Return on average equity.
e. Netmargin.

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  • CreatedFebruary 07, 2014
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