Question: please send correct % for return on common stock holder's equity or just confirm if it is correct. All sales were on account. Compute the
please send correct % for return on common stock holder's equity or just confirm if it is correct.


All sales were on account. Compute the following ratios for 2017. (Weighted-average common shares in 2017 were 56,900.) (Round Earnings per share, Current ratio and Acid-test ratio to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, eg. 6.8 or 6.8%.) (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio (e) Acid-test ratio (f) Accounts receivable turnover (g) Inventory turnover (h) Times interest earned (i) Asset turnover (i) Debt to assets ratio 3.35 36.8)% 20.9 1.84 :1 1.23 :1 16.5 times 8.5 times 15.6times 2 times 41.3 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR PROBLEM Problem 18-2A Your answer is partially correct. Try again The comparative statements of Painter Tool Company are presented below PAINTER TOOL COMPANY Income Statement For the Years Ended December 31 2017 2016 Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses $1,813,300 1,010,100 803,200 512,200 291,000 $1,745,300 994,000 751,300 481,600 269,700 Interest expense Income before income taxes Income tax expense Net income 18,700 272,300 81,900 $ 190,400 14,000 255,700 77,800 $ 177,900 PAINTER TOOL COMPANY Balance Sheets Assets 2017 2016 Current assets Cash Short-term investments Accounts receivable (net) Inventory $59,500 70,800 117,900 123,000 371,200 600,700 $971,900 $64,500 50,500 101,500 115,600 332,100 516,300 $848,400 Total current assets Plant assets (net) Total assets Liapilities and Stockholders' Equity Current liabilities Accounts payable $159,000 42,200 201,200 199,800 401,000 $144,100 41,200 185,300 199,800 385,100 Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity 276,800 294,100 570,900 $971,900 299,800 163,500 463,300 $848,400 Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity All sales were on account
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