Question: Can you please show your work. Thank you Using the following information find the ratios listed: Hamilton Company Comparative Balance Sheets December 31, 2018 and
Can you please show your work. Thank you
Using the following information find the ratios listed:
| Hamilton Company | |||
| Comparative Balance Sheets | |||
| December 31, 2018 and December 31, 2019 | |||
| Assets | 2018 | 2019 | Difference |
| Cash | 15,000 | 47,000 | 32,000 |
| Accounts Receivable | 55,000 | 47,000 | (8,000) |
| Inventory | 110,000 | 144,000 | 34,000 |
| Prepaid Expenses | 5,000 | 1,000 | (4,000) |
| Long term investments | 127,000 | 115,000 | (12,000) |
| Land | 55,000 | 55,000 | - |
| Building | 450,000 | 660,000 | 210,000 |
| Accumulated Depr - Building | (68,000) | (103,000) | (35,000) |
| Total Assets | 749,000 | 966,000 | 217,000 |
| Liabilities & Stockholder's Equity | |||
| Accounts Payable | 43,000 | 50,000 | 7,000 |
| Income Tax Payable | 5,000 | 3,000 | (2,000) |
| Accrued Liabilities | 9,000 | 12,000 | 3,000 |
| Bonds Payable | 245,000 | 295,000 | 50,000 |
| Common Stock $5 par value | 200,000 | 276,000 | 76,000 |
| Additional paid in capital | 115,000 | 214,000 | 99,000 |
| Retained Earnings | 132,000 | 116,000 | (16,000) |
| Total Liabilities & S/E | 749,000 | 966,000 | 217,000 |
| Sales | 225,000 |
| Cost of Goods Sold | 120,000 |
| Gross Profit | 105,000 |
| Operating Expense | 70,000 |
| Income before interest | 35,000 |
| Interest | 12,000 |
| Income before Taxes | 23,000 |
| Taxes | 7,000 |
| Net Income | 16,000 |
| Dividends Paid $13,800 |
| Market price of stock $12 |
| Find the following ratios for 2015: |
| 1. Current Ratio |
| 2. Quick Ratio |
| 3. Accounts Receivable Turnover |
| 4. Days to Collect |
| 5. Inventory Turnover |
| 6. Days on hand |
| 7. Payable Turnover |
| 8. Days to pay |
| 9. Debt to Equity Ratio |
| 10. Number of times interest Earned |
| 11. Profit Margin |
| 12. Assets Turnover |
| 13. Return on Assets |
| 14. Return on Equity |
| 15. Earnings per Share |
| 16. Price/Earnings Ratio |
| 17. Dividend Yield |
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