please answer

13-3

13-4

13-6

13-8

13-7

4 Chapter 13 Analysis and Interpretation of Financial Statements ndustry Average Ratios for Competitors Quick ratio Current ratio Accounts receivable turnover. Inventory turnover Debt-to-equity ratio Gross profit percentage. Return on sales Return on assets 1.3 2.4 .. 5.9 times 3.5 times 0.73 42.8 percent 4.5 percent 7.6 percent 4 SE13-1. Quick Ratio Calculate the company's quick ratio for 2016 and compare the result to the industry average SE13-2. Current Ratio Calculate the company's current ratio for 2016 and compare the result to the indus try average. sSE13-3. Accounts Receivable Turnover Calculate the company's accounts receivable turnover for 2016 and compare the result to the industry average. to the industry average. the industry average. result to the industry average. industry average. industry average. the dividend payout ratio? is the company's price-earnings ratio and dividend yield? SE13-4. Inventory Turnover Calculate the company's inventory turnover for 2016 and compare the result SE13-5. Debit-to-Equity Ratio Calculate the company's 2016 debt-to-equity ratio and compare the result to SE13-6. Gross Profit Percentage Calculate the company's 2016 gross profit percentage and compare the SE13-7. Return on Sales Calculate the company's return on sales for 2016 and compare the result to the SE13-8. Return on Assets Calculate the company's return on assets for 2016 and compare the result to the SE 13.9. Dividends per Share Calculate the company's dividend paid per share of common stock, what was SE13-10. Earnings per Share If the company's most recent price per share of common stock is $62.25, what SE13-11. Persistent Earnings Identify each of the following items as either (P) persistent, or (T) transitory a. Sale of merchandise. b. Settlement of a lawsuit. c. Interest income d. Payment to vendors. Loss from expropriations of property by a foreign government. SE13-12. Horizontal Analysis Total assets were $1,000.000 in 2016, s900,000 in 2015, and $950,000 in 2014. What was the percentage change from 2014 to 2015 and from 2015 to 2016? Was the change an increase or a decrease? SE13-13. Commen-Size Income Statement A partial common-size income statement for Prag Company l ge collection period Inventory tumover k Days' sales in inventory nificance of the debt-to-equity ratio and how is it computed? does the times-interest- What what does the operating-cash-flow-to-capital expendit Ctair, Inc., earned $4.50 p earned ratio indicate and how is it calculated? s What does the per share of common stock in the current year and paid dividends of $2.34 per The most recent market price per share of the common stock is $46.80. What is the company's (a) ratio measure? rice-carnings ratio,. tb) dividend yield, and (e) dividend payout ratio? What are two inherent limitations of financial satement dats? SHORT EXERCISES the following financial data for Hi-Tech Instruments to answer Short Exercises 13-1 through 13-10: 2016 (Thousands of Dollars, except Earnings per Share) Sales revenue Cost of goods sold. Net income.. $210,000 125,000 8300 2,600 4.15 Earnings per share HI-TECH INSTRUMENTS, INC Balance Sheets Thousands of Dollars) Assets Cash Accounts receivable (net) Inventory Dec. 31, 2016 Dec. 31, 2015 $ 18300 18,000 41,000 46,000 39.50043,700 102,700 50,500 13,800 52,600 15,600 Plant assets (net). Other assets Total Assets . .. $167,000 $172,000 Liabilities and Stockholders' Equity Notes payable-banks. S 6,000 s 6,000 18,700 21,000 45,700 40,000 85.700 22,500 16,500 45,000 40,000 85,000 50,000 Accrued liabilities. 9% Bonds payable. . . Total Liabilities Common stock, $25 par value (2,000,000 shares).. Retained earnings 50,000 31,300 81,300 $167,000 37,000 87,000 $172,000 Total Liabilities and Stockholders' Equity