PE 17-1A Horizontal analysis OBJ. 2 The comparative temporary investments and inventory balances of a company follow: Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? PE 17-2A Vertical analysis income statement information for Turay Corporation follows: Prepare a vertical analysis of the income statement for Turay Corporation PE 17-3A Current position analysis The following items are reported on a company's balance sheet: Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round to one decimal place. \begin{tabular}{clr} \cline { 2 - 3 } SHOW ME HOW & PE 17-5A 175 Inventory analysis \\ & A company reports the following: \\ & Cost of merchandise sold & $558,000 \\ & Average merchandise inventory & 45,000 \end{tabular} Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round to one decimal place. PE 17-6A Solvency analysis The following information was taken from Tyson Company's balance sheet: OBJ. 4 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. Round to one decimal place. Determine the times interest earned ratio. Round to one decimal place. \begin{tabular}{ccc} \cline { 2 - 3 } SHOW EE 17-8 p.899 ME HOW & PE 17-8A Asset turnover A company reports the following: & $6,480,000 \\ & Sales & 2,400,000 \end{tabular} Determine the asset turnover ratio. Round to one decimal place. PE 179A Return on total assets OBJ.5 A company reports the following income statement and balance sheet information for the current year: Determine the return on total assets. Round percentage to one decimal place. PE 17-10A Return on stockholders' equity OBJ. 5 A company reports the following: Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. Round percentages to one decimal place. PE 17-11A Earnings per share and price-earnings ratio A company reports the following: a. Determine the company's earnings per share on common stock. b. Determine the company's price-earnings ratio. Round to one decimal place