The comparative statements of McGillis Company are presented here. All sales were on account. Net cash provided by operating activities for 2010 was $220,000. Capital expenditures were $120,000, and cash dividends were $80,000.InstructionsCompute the following ratios for 2010.(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

The comparative statements of McGillis Company are presented here.


The comparative statements of McGillis Company are presented her


All sales were on account. Net cash provided by operating activities for 2010 was $220,000. Capital expenditures were $120,000, and cash dividends were $80,000.
Instructions
Compute the following ratios for 2010.
(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 cashflow.

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Related Book For answer-question

Financial Accounting Tools for Business Decision Making

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

ISBN: 978-0470239803