Question: Problem 9 - 2 4 A ( Static ) Ratio analysis LO 1 3 - 2 , 1 3 - 3 , 1 3 -

Problem 9-24A (Static) Ratio analysis LO 13-2,13-3,13-4,13-5
Required
Calculate the following ratios for Year 4 and Year 3. Since Year 2 numbers are not presented do not use averages when calculating the ratios for Year 3. Instead, use the number presented on the Year 3 balance sheet.
Note: Round ratio answers to 2 decimal places unless otherwise indicated.
Working capital.
Current ratio.
Quick ratio.
Receivables turnover (beginning receivables at January 1, Year 3, were $47,000).
Average days to collect accounts receivable.
Note: Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.
Inventory turnover (beginning inventory at January 1, Year 3, was $140,000).
Number of days to sell inventory.
Note: Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.
Debt-to-assets ratio.
Note: Round your answers to the nearest whole percent.
Debt-to-equity ratio.
Number of times interest was earned.
Plant assets to long-term debt.
Net margin.
Turnover of assets (average total assets in Year 3 is $540,000).
Return on investment (average total assets in Year 3 is $540,000).
Return on equity (average stockholders' equity in Year 3 is $292,000).
Earnings per share (total shares outstanding is unchanged).
Book value per share of common stock.
Price-earnings ratio (market price per share: Year 3, $11.75; Year 4, $12.50).
Note: Round your intermediate calculations and final answer to 2 decimal places.
Dividend yield on common stock.

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