Question

Use the financial statements for Coleman Company from Problem 13-17B to compute the following for 2015 only by rounding to two decimal points.
In Problem 13-17B, Coleman Company’s stock is quoted at $16 per share at December 31, 2015 and 2014. Coleman’s financial statements follow.


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a. Current ratio
b. Quick (acid-test) ratio
c. Average days to collect accounts receivable, assuming all sales on account
d. Inventory turnover
e. Book value per share of common stock
f. Earnings per share on common stock
g. Price-earnings ratio on common stock
h. Debt to assets ratio
i. Return on investment
j. Return onequity


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  • CreatedFebruary 07, 2014
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