common stock was P0.75. The market value of the company's common stock at the end of...

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common stock was P0.75. The market value of the company's common stock at the end of the year was P26. All of the company's sales are on account. COMPANY Incorporated Comparative Income Statement & Retained Earnings For the Years Ended December 31, 2015 and 2014 Sales Cost of Goods Sold Gross Margin Selling and Administrative Expenses: Selling Expenses Administrative Expenses Total Selling and Administrative Expenses Net Operating Income Interest Expense Net Income before taxes Income Taxes Net Income Dividends to preferred stockholders Net income remaining for common stockholders Dividends to common stockholders Net Income Added to Retained Earnings Retained Earnings, beginning of year Retained Earnings, end of year 2015 2014 66,000,000 64,000,000 43,000,000 42,000,000 23,000,000 22,000,000 11,500,000 11,000,000 7,400,000 7,000,000 18,900,000 18,000,000 4,100,000 4,000,000 800,000 800,000 3,300,000 3,200,000 1,320,000 1,280,000 1,980,000 1,920,000 400,000 400,000 1,580,000 1,520,000 450,000 450,000 1,130,000 1,070,000 32,610,000 31,540,000 33,740,000 32,610,000 Required: 1. Compute the following financial ratios for common stockholders for this year: a. Gross margin percentage b. Earnings per share of common stock c. Price-earnings ratio d. Dividend payout ratio e. Dividend yield ratio f. Return on total assets. g. Return on common stockholder's equity h. Book value per share L 2. Compute for the following financial data for short-term creditors for this year: a. Working Capital b. Current Ratio c. Acid-test Ratio d. Accounts Receivable Turnover e. Average Collection Period f. Inventory Turnover g. Average sale period h. Compute the following financial ratios i. Debt-to-equity ratio common stock was P0.75. The market value of the company's common stock at the end of the year was P26. All of the company's sales are on account. COMPANY Incorporated Comparative Income Statement & Retained Earnings For the Years Ended December 31, 2015 and 2014 Sales Cost of Goods Sold Gross Margin Selling and Administrative Expenses: Selling Expenses Administrative Expenses Total Selling and Administrative Expenses Net Operating Income Interest Expense Net Income before taxes Income Taxes Net Income Dividends to preferred stockholders Net income remaining for common stockholders Dividends to common stockholders Net Income Added to Retained Earnings Retained Earnings, beginning of year Retained Earnings, end of year 2015 2014 66,000,000 64,000,000 43,000,000 42,000,000 23,000,000 22,000,000 11,500,000 11,000,000 7,400,000 7,000,000 18,900,000 18,000,000 4,100,000 4,000,000 800,000 800,000 3,300,000 3,200,000 1,320,000 1,280,000 1,980,000 1,920,000 400,000 400,000 1,580,000 1,520,000 450,000 450,000 1,130,000 1,070,000 32,610,000 31,540,000 33,740,000 32,610,000 Required: 1. Compute the following financial ratios for common stockholders for this year: a. Gross margin percentage b. Earnings per share of common stock c. Price-earnings ratio d. Dividend payout ratio e. Dividend yield ratio f. Return on total assets. g. Return on common stockholder's equity h. Book value per share L 2. Compute for the following financial data for short-term creditors for this year: a. Working Capital b. Current Ratio c. Acid-test Ratio d. Accounts Receivable Turnover e. Average Collection Period f. Inventory Turnover g. Average sale period h. Compute the following financial ratios i. Debt-to-equity ratio