Question: For both companies compute the A) current ratio B) Acid test ratio C) accounts (and notes) receivable turnovers D) Profi margin ratio E) Returns on

For both companies compute the A) current ratio B) Acid test ratio C) accounts (and notes) receivable turnovers D) Profi margin ratio E) Returns on Common stockholder equity F) Total assets turnovers. Identify wich company's stock you would recommended the better investment.
Fargo Company Ball Company Fargo Company Ball Company Sales..... $ 36,500 79,500 82,000 10,100 252,300 $460,400 Data from the current year's income statement $393,600 Cost of goods sold. 290,600 Interest expense.. 5,900 Income tax expense 5,700 Net income 33,850 Basic earnings per share. 1.27 Data from the current year-end balance sheets Assets Cash..... $ 20,000 Accounts receivable, net.... 88,700 Merchandise inventory 86,800 Prepaid expenses..... 9,700 Plant assets, net 176,900 Total assets $382,100 Liabilities and Equity Current liabilities. $ 90,500 Long-term notes payable...... 93,000 Common stock, $5 par value 133,000 Retained earnings. 65,600 Total Habilities and equity. $382,100 $667,500 480,000 12,300 12,300 61,700 2.19 $ 97,000 93,300 141.000 129,100 $460,400 Beginning-of-year balance sheet data Accounts receivable, net. Merchandise Inventory Total assets.. Common stock, $5 par value Retained earnings $ 72,200 105,100 383.400 133,000 49,100 $ 73,300 80,500 443,000 141,000 109.700
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