Yadier Corporation's comparative balance sheets are presented below. Yadier Corporation Balance Sheets December 31 Yadier's 2014 income

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Yadier Corporation's comparative balance sheets are presented below.
Yadier Corporation
Balance Sheets
December 31
2014 2013 $ 4,010 $ 4,030 Cash 22,120 Accounts receivable 23,450 Inventory 10,100 7,160 26,280 Land 20,130 Buildings 69,

Yadier's 2014 income statement included net sales of $116,920, cost of goods sold of $60,310, and net income of $14,160.
Compute the following ratios for 2014.
Current ratio: 1
Acid-test ratio: 1
Accounts receivable turnover times
Inventory turnover times
Profit margin%
Asset turnover times
Return on assets %
Return on common stockholders' equity %
Debt to total assets ratio %

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Financial Accounting

ISBN: 978-1119305736

10th edition

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

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