SHORT EXERCISES Use the following financial data for Brenner Instruments to answer Short Exercises 13-1 through...

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SHORT EXERCISES Use the following financial data for Brenner Instruments to answer Short Exercises 13-1 through 13-10 Sales revenue... Cost of goods sold. Net income... Dividends.. Earnings per share. (Thousands of Dollars, except Earnings per Share) $210.000 1250 631 280 45 BRENNER INSTRUMENTS, INC. Balance Sheels Coment Year $18.300 41.000 $18.000 30.500 41,000 43.700 103.800 100.700 $2,000 15,000 $172.000 50.000 13800 $167.000 holders Equity $ 6.000 22.500 16.500 $ 6.000 18,700 21.000 45.000 45.700 40,000 40,000 85.000 95.700 per ve 2.000.000 shares). 50.000 50.000 37000 31.300 7.000 band stockholders' equity. $172.000 81.300 $167,000 unever percentage Industry Average Ratios for Competitors 13 24 5.9 times 3.5 mes 073 42.8 percent 4.5 percent 7.6 percent 2 Carnet Ratio Calculate the company's current ratio for the current year and compare the result to the indesity average 1. Quick Ratio Calculate the company's quick ratio for the current year and compare the result to the induary average LO4 LO4 A Accounts Receivable Turnover Calculate the company's accounts receivable turnover for the cut- mt year and compare the result to the industry average. 14 letary Turnover Calculate the company's inventory turnover for the current year and compare the will to the industry average. LO4 LO4 SHORT EXERCISES Use the following financial data for Brenner Instruments to answer Short Exercises 13-1 through 13-10 Sales revenue... Cost of goods sold. Net income... Dividends.. Earnings per share. (Thousands of Dollars, except Earnings per Share) $210.000 1250 631 280 45 BRENNER INSTRUMENTS, INC. Balance Sheels Coment Year $18.300 41.000 $18.000 30.500 41,000 43.700 103.800 100.700 $2,000 15,000 $172.000 50.000 13800 $167.000 holders Equity $ 6.000 22.500 16.500 $ 6.000 18,700 21.000 45.000 45.700 40,000 40,000 85.000 95.700 per ve 2.000.000 shares). 50.000 50.000 37000 31.300 7.000 band stockholders' equity. $172.000 81.300 $167,000 unever percentage Industry Average Ratios for Competitors 13 24 5.9 times 3.5 mes 073 42.8 percent 4.5 percent 7.6 percent 2 Carnet Ratio Calculate the company's current ratio for the current year and compare the result to the indesity average 1. Quick Ratio Calculate the company's quick ratio for the current year and compare the result to the induary average LO4 LO4 A Accounts Receivable Turnover Calculate the company's accounts receivable turnover for the cut- mt year and compare the result to the industry average. 14 letary Turnover Calculate the company's inventory turnover for the current year and compare the will to the industry average. LO4 LO4