The comparative statements of Lucille Company are presented here. All sales were on account. Net cash provided
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The comparative statements of Lucille Company are presented here.
All sales were on account. Net cash provided by operating activities for 2012 was $220,000. Capital expenditures were $136,000, and cash dividends were $70,000.InstructionsCompute the following ratios for 2012.(a) Earnings per share.(b) Return on common stockholders' equity.(c) Return on assets.(d) Current ratio.(e) Receivables turnover.(f ) Average collection period.(g) Inventory turnover.(h) Days in inventory.(i) Times interest earned.(j) Asset turnover.(k) Debt to total assets.(l) Current cash debt coverage.(m) Cash debt coverage.(n) Free cash flow.
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Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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