Financial statements for Boston Corporation are presented below. Use for 17-29 Boston Corporation Comparative Balance Sheet December
Question:
Financial statements for Boston Corporation are presented below. Use for 17-29
Note: Dividends of $0.90 per share were declared and paid during 2011. The market price of the stock on December 31, 2011 was $18.00 per share. Compute the following for 2011. Round answers to two decimal places. SHOW AND LABEL YOUR WORK.. 17. Current ratio 18. Quick ratio 19. Receivable turnover 20. Days Sales in Accounts Receivable 21. Asset turnover 22 Ratio of fixed assets to long term liabilities 23. Profit margin 24. Debt to equity ratio 25. Inventory turnover
27. Return on equity 28. P/E ratio 29. Dividend yield |
Accounting Principles
ISBN: 978-1119048473
7th Canadian Edition Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak