Question: Using the following information find the ratios listed: Hamilton Beach Company Balance Sheet 12/31/2022 Assets 2022 Cash 62,000 Accounts Receivable 47,000 Inventory 144,000 Prepaid Expenses
Using the following information find the ratios listed:
| Hamilton Beach Company | |
| Balance Sheet | |
| 12/31/2022 | |
| Assets | 2022 |
| Cash | 62,000 |
| Accounts Receivable | 47,000 |
| Inventory | 144,000 |
| Prepaid Expenses | 1,000 |
| Long Term Investments | 100,000 |
| Land | 55,000 |
| Building & Equipment | 660,000 |
| Accumulated Depr-Building & Equipt | (103,000) |
| Total Assets | 966,000 |
| Liabilities & Stockholder's Equity | |
| Accounts Payable | 50,000 |
| Income Tax Payable | 3,000 |
| Accrued Liabilities | 12,000 |
| Bonds Payable | 295,000 |
| Common Stock $5 par value | 275,000 |
| Additional paid in capital | 215,000 |
| Retained Earnings | 116,000 |
| Total Liabilities & Stockholders Equity | 966,000 |
| Sales | 235,000 |
| Cost of goods sold | 120,000 |
| Gross Profit | 115,000 |
| Operating Expenses | 70,000 |
| Income before Interest & taxes | 45,000 |
| Interest | 12,000 |
| Income before taxes | 33,000 |
| Taxes | 7,000 |
| Net Income | 26,000 |
| Dividends Paid | 13,500 |
| Market Price of Stock | $ 15 |
| Find the following ratios for 2022: | |
| 1. Current Ratio | |
| 2. Quick Ratio | |
| 3. Accounts Receivable Turnover | |
| 4. Days to Collect | |
| 5. Inventory Turnover | |
| 6. Days on Hand | |
| 7. Payable Turnover | |
| 8. Days to Pay | |
| 9. Debt to Equity Ratio | |
| 10. Number of times Interest Earned | |
| 11. Profit Margin | |
| 12. Asset Turnover | |
| 13. Return on Assets | |
| 14. Return on Equity | |
| 15. Earnings per Share | |
| 16. Price Earnings Ratio | |
| 17. Dividend Yield |
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