Question

The comparative statements of Corbin Company are presented below and on page 884.


Additional data:
The common stock recently sold at $19.50 per share.
Instructions
Compute the following ratios for 2015.
(a) Current ratio.
(b) Acid-test ratio.
(c) Accounts receivable turnover.
(d) Inventory turnover.
(e) Profit margin.
(f) Asset turnover.
(g) Return on assets.
(h) Return on common stockholders’ equity.
(i) Earnings per share.
(j) Price-earnings ratio.
(k) Payout ratio.
(l) Debt to assets ratio.
(m) Times interestearned.


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  • CreatedJanuary 30, 2014
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