Question: The following financial statements apply to Bassie Company

The following financial statements apply to Bassie Company.


Required
Calculate the following ratios for 2011 and 2012. When data limitations prohibit computing averages, use year-end balances in your calculations.
a. Net margin
b. Return on investment
c. Return on equity
d. Earnings per share
e. Price-earnings ratio (market prices at the end of 2011 and 2012 were $5.94 and $4.77, respectively)
f. Book value per share of common stock
g. Times interest earned
h. Working capital
i. Current ratio
j. Quick (acid-test) ratio
k. Accounts receivable turnover
l. Inventory turnover
m. Debt to equity ratio
n. Debt to assets ratio
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  • CreatedDecember 07, 2011
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