Question: SECTION 3-STATEMENT ANALYSIS-40% Condensed data taken from the balance sheet at the end of the Ourrent year are as follows: Asset Cash.. Marketable securities Accounts
SECTION 3-STATEMENT ANALYSIS-40% Condensed data taken from the balance sheet at the end of the Ourrent year are as follows: Asset Cash.. Marketable securities Accounts receivable Merchandise Inventory Prepeld expenses Plant asseta (net) $ 150.000 75,000 275,000 225.000 25,000 1.250,000 Llabiles and Stockholder' Equity Account payable Notes payable (short-term, non interest-bearing) Accrued liabilities Bonds payable, 10%, due 2003 Preferred 0% stock. $50 per Common stock, $20 par Pald-in capital in excess of par-common stock Retained earnings.. $ 380,000 100,000 20.000 500,000 200.000 500,000 40,000 260,000 Selected data related to the 12 months of the current year indicate the following: Average acounts receivable. Average common stockholders' sulty. Average stockholders' equity. Average total assets. Cash dividends pald on common stock Income before Income tax Interest expenso.. Net Income Net sales (on account) $ 250,000 750,000 950,000 1,950,000 75,000 152,500 50,000 120,000 1,875,000 The common stock was selling for $51 per share at the end of the current year. INSTRUCTIONS: Compute the analytical measures listed below, rounding to ono decimal point, and insert answers In the Answers column. Answers 2.5:1 Fox Scoring 0. 1 2. 3 $ 4. 0. Ratio of plant assets to long-term liabilities 1. Acid-test ratio... 2. Current ratio 3. Working capital 4. Accounts receivable turnover. 5. Rate earned on total assets 6. Rate earned on common stockholders' equity 7. Number of times preferred dividends were earned 8. Earnings per share on common stock.. 9. Price-samings ratio on common stock 10. Dividend yleld on common stock. 9. 10 FA-2
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