Question

The income statement and consolidated balance sheets for Front Row Entertainment follow.
Front Row Entertainment Inc.
Income Statement
For the Year Ended December 31, 2012
Additional information:
• The market price of the common shares at the end of the year is $17.55 per share.
• The average number of common shares outstanding for 2012 is 16,400.
• The dividends per common share for 2012 were approximately $25,000, which is approximately $1.45 per share ($25,000/17,300 common shares). The 17,300 shares can be calculated from information in Chapter 10 (16,000 shares at Jan. 1, 2012 + 2,000 shares issued on June 15, 2012 – 700 shares repurchased on July 10, 2012).
• Common stock repurchases for 2012 were $11,200. This is taken from Chapter 10 as 700 common shares were repurchased as treasury stock at a cost of $16 per share.
• Preferred dividends for 2012 were $0.
Required:
1. Calculate the short-term liquidity ratios for Front Row Entertainment for 2012.
2. Calculate the debt management ratios for Front Row Entertainment for 2012.
3. Calculate the asset efficiency ratios for Front Row Entertainment for 2012.
4. Calculate the profitability ratios for Front Row Entertainment for 2012.
5. Calculate the stockholder ratios for Front Row Entertainment for 2012.


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  • CreatedSeptember 22, 2015
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