Use the financial statements for Coleman Company from Problem 13-17B to compute the following for 2015 only

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Use the financial statements for Coleman Company from Problem 13-17B to compute the following for 2015 only by rounding to two decimal points.
In Problem 13-17B, Coleman Company€™s stock is quoted at $16 per share at December 31, 2015 and 2014. Coleman€™s financial statements follow.

Use the financial statements for Coleman Company from Problem 13-17B

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Use the financial statements for Coleman Company from Problem 13-17B

a. Current ratio
b. Quick (acid-test) ratio
c. Average days to collect accounts receivable, assuming all sales on account
d. Inventory turnover
e. Book value per share of common stock
f. Earnings per share on common stock
g. Price-earnings ratio on common stock
h. Debt to assets ratio
i. Return on investment
j. Return onequity

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...
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Fundamental Managerial Accounting Concepts

ISBN: 978-0078025655

7th edition

Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old

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