- Revenues Expenses Cost Of Goods Sold Selling Expenses General And Administrative Expenses Interest Expense Income Tax Ex 1 (62.03 KiB) Viewed 68 times
- Revenues Expenses Cost Of Goods Sold Selling Expenses General And Administrative Expenses Interest Expense Income Tax Ex 2 (64.3 KiB) Viewed 68 times
- Revenues Expenses Cost Of Goods Sold Selling Expenses General And Administrative Expenses Interest Expense Income Tax Ex 3 (24.71 KiB) Viewed 68 times
Revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses Net income Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets 4 Year 2 436,000 360,000 252,000 206,000 42,000 22,000 6,000 42,000 364,000 Year 1 2,000 38,000 20,000 6,000 6,000 36,000 $72,000 $ 54,000 306,000 $ 74,000 $ 84,000 2,000 70,000 200,000 192,000 64,000 4,000 352,000 346,000
Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities W 210,000 210,000 40,000 $602,000 $556,000 $80,000 $108,000 34,000 114,000 138,000 132,000 30,000 134,000 246,000 272,000 Stockholders' equity Common stock (100,000 shares) Retained earnings Total stockholders' equity 356,000 284,000 Total liabilities and stockholders' equity $602,000 $556,000 230,000 230,000 126,000 54,000
Required Calculate the following ratios for Year 1 and Year 2. When data limitations prohibit computing averages, use year-end balances in your calculations. Round computations to two decimal points. a. Net margin. b. Return on investment. e. Return on equity. d. Earnings per share. e. Price-earnings ratio (market prices at the end of Year I and Year 2 were $11.88 and $9.54, respectively). f. Book value per share of common stock. g. Times interest earned. h. Working capital. i. Current ratio. j. Quick (acid-test) ratio. k. Accounts receivable turnover. I. Inventory turnover. m. Debt-to-equity ratio. n. Debt-to-assets ratio.