Question: Basic Financial Ratios P 14 - B Requirements: Calculate the following financial ratios, for the Potato Company, for both This Year and Last Year. 1)


Basic Financial Ratios P 14 - B Requirements: Calculate the following financial ratios, for the Potato Company, for both This Year and Last Year. 1) Debt-to-equity ratio. 2) Return on total assets (total assets at the beginning of Last Year were $88,000). 3) Earnings per share. 4) Dividend yield ratio (the market price per share of Common Stock was $90, at the end of This Year, and $80, at the end of Last Year). 5) Price-earnings ratio. 6) Working capital. 7) Current ratio. 8) Acid-test ratio. 9) Turnover of receivables with average collection period (accounts receivable at the beginning of Last Year was \$15,000). 15,5 10) Turnover of inventory with average sale period (inventory at the beginning of Last Year was $4,000 ). 11) Number of days in operating cycle. Use for Problems 14A and 14B Potato Company Balance Sheet December 31, 202X Potato Company Income Statement For the year ended December 31,202X
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