Question: Please answer a-n in the TABLE FORM. Please only answer in the correct ratios in the table. thank you The following financial statements apply to

Please answer a-n in the TABLE FORM. Please only answer in the correct ratios in the table. thank you

Please answer a-n in the TABLE FORM. Please only answer in the correct ratios in the table. thank you The following financial statements apply to Finch Company: Required Calculate the following ratios for Year 1 and

The following financial statements apply to Finch Company: Required Calculate the following ratios for Year 1 and Year 2. Since opening balance numbers are not presented do not use averages when calculating the ratios for Year 1. Instead, use the number presented on the Year 1 balance sheet. a. Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal places.) d. Earnings per share. (Round your answers to 2 decimal places.) e. Price-earnings ratio (market prices at the end of Year 1 and Year 2 were $6.07 and $4.83, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest earned. (Round your answers to 2 decimal places.) h. Working capital. i. Current ratio. (Round your answers to 2 decimal places.) j. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) I. Inventory turnover. (Round your answers to 2 decimal places.) m. Debt-to-equity ratio. (Round your answers to 2 decimal places.) n. Debt-to-assets ratio. (Round your answers to the nearest whole percent.) The following financial statements apply to Finch Company: Required Calculate the following ratios for Year 1 and Year 2. Since opening balance numbers are not presented do not use averages when calculating the ratios for Year 1. Instead, use the number presented on the Year 1 balance sheet. a. Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal places.) d. Earnings per share. (Round your answers to 2 decimal places.) e. Price-earnings ratio (market prices at the end of Year 1 and Year 2 were $6.07 and $4.83, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest earned. (Round your answers to 2 decimal places.) h. Working capital. i. Current ratio. (Round your answers to 2 decimal places.) j. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) I. Inventory turnover. (Round your answers to 2 decimal places.) m. Debt-to-equity ratio. (Round your answers to 2 decimal places.) n. Debt-to-assets ratio. (Round your answers to the nearest whole percent.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Please help wirh C., G, i, L, M-2019,N, O-2019, P, R, and S Financial statements for Finch Company follow. Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories...

Not sure why some of the answers are incorrect, please help. The following financial statements apply to Rooney Company: requirea Calculate the following ratios for Year 1 and Year 2. Since opening...

Question 1: Question 2: Question 3: Question 4: Please help with what should be the correct working and answers for the parts that are incorrect, thank you! Ratio Analysis World Ltd. has the...

Please fix what is red, thank you. The following financial statements apply to Rooney Company: Year 2 Year 1 $ 182,200 Revenues $ 220,700 Expenses Cost of goods sold Selling expenses General and...

Please see my attached accounting questions- thank you for your help Chapter 15 1. Curtis Salter, the president of Kasimer Computer Services, needs your help. He wonders about the potential effects...

I need help on the one incorrect. Thank you! The following financial statements apply to Franklin Company: 2019 2018 Revenues Net sales $ 210,800 $ 175,600 Other revenues 9,100 6,700 Total revenues...

Please help! a, b, c, and d have already been answered but I still need help with the rest. Please show work and thank you in advance! The following financial statements apply to Rundle Company: Year...

The following financial statements apply to Harris Company: Year 2 Year 1 Revenues $ 220,400 $ 181,700 Expenses Cost of goods sold 124,500 101,400 Selling expenses 20,800 18,800 General and...

I need help on the ones incorrect. Thank you! Financial statements for Thornton Company follow. THORNTON COMPANY Balance Sheets As of December 31 2019 2018 Assets Current assets Cash $ 24,000 $...

Need help with b on year 4, c on year 4, e on both year 3 and 4, g on both year 3 and 4. I keep getting them incorrect. The following financial statements apply to Solomon Company: Year 4 Year 3...

Calculate the value of a bond that matures in 12 years and has a $1,000 face value. The coupon interest rate is 8 percent and the investors required rate of return is 12 percent.

Skylar Systems completed the following stock issuance transactions: May 19 Issued 1,700 shares of $2 par value common stock for cash of $9.50 per share. Jun. 3 Issued 200 shares of $9, no-par...

Using your printout, what is the Subtotal before Shipping and Handling on the Invoice? $ 1 , 4 4 0 . 0 0 $ 1 , 4 8 0 0 0 $ 1 , 4 2 0 . 0 0 $ 1 , 4 6 0 . 0 0

Are you able to answer the following questions? Urgent! Webster Global Services has a Debt-to-Equity Ratio of 1.1. What is the percentage of capital that is debt? Webster Global Services has debt at...