Using the following information find the ratios listed:

Hamilton Beach Company
Balance Sheet
12/31/2022
Assets	2022
Cash	62,000
Accounts Receivable	47,000
Inventory	144,000
Prepaid Expenses	1,000
Long Term Investments	100,000
Land	55,000
Building & Equipment	660,000
Accumulated Depr-Building & Equipt	(103,000)
Total Assets	966,000
Liabilities & Stockholder's Equity
Accounts Payable	50,000
Income Tax Payable	3,000
Accrued Liabilities	12,000
Bonds Payable	295,000
Common Stock $5 par value	275,000
Additional paid in capital	215,000
Retained Earnings	116,000
Total Liabilities & Stockholders Equity	966,000
Sales	235,000
Cost of goods sold	120,000
Gross Profit	115,000
Operating Expenses	70,000
Income before Interest & taxes	45,000
Interest	12,000
Income before taxes	33,000
Taxes	7,000
Net Income	26,000
Dividends Paid	13,500
Market Price of Stock	$ 15
Find the following ratios for 2022:
1. Current Ratio
2. Quick Ratio
3. Accounts Receivable Turnover
4. Days to Collect
5. Inventory Turnover
6. Days on Hand
7. Payable Turnover
8. Days to Pay
9. Debt to Equity Ratio
10. Number of times Interest Earned
11. Profit Margin
12. Asset Turnover
13. Return on Assets
14. Return on Equity
15. Earnings per Share
16. Price Earnings Ratio
17. Dividend Yield

Answer rating: 100% (QA)

Lets calculate each of the financial ratios requested using the provided data from Hamilton Beach Company for 2022 1 Current Ratio Current Assets Cash ... View the full answer