The comparative financial statements of Stargel Inc. are as follows.

The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel Inc. common stock was $119.70 on December 31, 2016.

The comparative financial statements of Stargel Inc. are as follows.


The comparative financial statements of Stargel Inc. are as follows.


The comparative financial statements of Stargel Inc. are as follows.


Instructions

Determine the following measures for 2016, rounding to one decimal place, except per share amounts, which
should be rounded to the nearest penny:
1. Working capital
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days sales in receivables
6. Inventory turnover
7. Number of days sales in inventory
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities to stockholders equity
10. Number of times interest charges are earned
11. Number of times preferred dividends are earned
12. Ratio of sales to assets
13. Rate earned on total assets
14. Rate earned on stockholders equity
15. Rate earned on common stockholders equity
16. Earnings per share on common stock
17.
Price-earnings ratio
18. Dividends per share of common stock
19.
Dividend yield

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...