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7. Number of days' sales in inventory 8. Ratio of Fixed assets to 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity long-tem liabilites 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 10. Times interest eamed 11. Asset turnover 11. Asset tumover 12. Return on total assets 12. Retum on total assets 13. Return on stockholders' equity 13. Retum on stockholders equity 14. Return on common stockholders' equity 14 Retum on common 15. Earnings per share on common stock stockholders' equity 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield 15. Eamings per share on common stock 16. Price eamings ratio 17. Dividends per share of common stock 18. Dividend yield

7. Number of days' sales in inventory 8. Ratio of Fixed assets to 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity long-tem liabilites 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 10. Times interest eamed 11. Asset turnover 11. Asset tumover 12. Return on total assets 12. Retum on total assets 13. Return on stockholders' equity 13. Retum on stockholders equity 14. Return on common stockholders' equity 14 Retum on common 15. Earnings per share on common stock stockholders' equity 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield 15. Eamings per share on common stock 16. Price eamings ratio 17. Dividends per share of common stock 18. Dividend yield

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I answered 1-7 please and i repeat please answer 7-18 i dont need 1-7 anymore. I need help with 7 and beyond. 

5. Number of days' sales in receivables inancial Statement Analysis 6. Inventory tumover 6. Inventory turnover 7. Number of days' sales in inventory 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 8. Ratio of Fixed assets to long-tem liabiliies 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 10. Times interest eamed 11. Asset turnover 11. Asset tumover 12. Return on total assets 12. Retum on total assets 13. Return on stockholders' equity 13. Retum on stockholders' equity 14. Return on common stockholders' equity 14. Retum on common 15. Earnings per share on common stock stockholders' equity 16. Price-earnings ratio 15. Eamings per share on common stock 17. Dividends per share of common stock 16. Price-eamings ratio 18. Dividend yield 17. Dividends per share of common stock 18. Dividend yield
Transcribed Image Text:5. Number of days' sales in receivables inancial Statement Analysis 6. Inventory tumover 6. Inventory turnover 7. Number of days' sales in inventory 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 8. Ratio of Fixed assets to long-tem liabiliies 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 10. Times interest eamed 11. Asset turnover 11. Asset tumover 12. Return on total assets 12. Retum on total assets 13. Return on stockholders' equity 13. Retum on stockholders' equity 14. Return on common stockholders' equity 14. Retum on common 15. Earnings per share on common stock stockholders' equity 16. Price-earnings ratio 15. Eamings per share on common stock 17. Dividends per share of common stock 16. Price-eamings ratio 18. Dividend yield 17. Dividends per share of common stock 18. Dividend yield
Andiysis 877 Stargel Inc. Comparative Income Statement Ser the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Sales $10,000,000 $9,400,000 Cost of goods sold. Gross profit Selling expenses Administrative expenses. 5,350,000 $ 4,650,000 $ 2,000,000 4,950,000 $4,450,000 $1,880,000 Total operating expenses Income from operations 1,500,000 $ 3,500,000 $ 1,150,000 1,410,000 $3,290,000 $1,160,000 Other revenue 150,000 140,000 $ 1,300,000 $1,300,000 Other expense (interest) Income before income tax 170,000 150,000 $ 1,130,000 $1,150,000 Income tax expense 230,000 225,000 Net income $ 900,000 $ 925,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Assets Current assets: Cash $ 500,000 $ 400,000 Marketable securities. 1,010,000 1,000,000 Accounts receivable (net). 740,000 510,000 Inventories 1,190,000 950,000 Prepaid expenses 250,000 229,000 Total current assets. $3,690,000 $3,089,000 Long-term investments. Property, plant, and equipment (net) Total assets 2,350,000 2,300,000 3,740,000 3,366,000 $9,780,000 $8,755,000 Liabilities Current liabilities. $ 900,000 $ 880,000 Long-term liabilities: $ 200,000 Mortgage note payable, 10%. Bonds payable, 10%.. Total long-term liabilities Total liabilities 2$ 1,500,000 1,500,000 $1,700,000 $1,500,000 $2,600,000 $2,380,000 Stockholders' Equity Preferred $0.90 stock, $10 par Common stock, $5 par Retained earnings.. Total stockholders' equity.. Total liabilities and stockholders' equity.. $ 500,000 $ 500,000 500,000 500,000 6,180,000 5,375,000 $6,375,000 $7,180,000 $9,780,000 $8,755,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts: PR 17-4B Measures of liquidity, solvency and profitability Stargel common stock was $119.70 on December 31, 20Y2. Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 Retained earnings, January 1 Net income Total.... .. Dividends: Preferred stock dividends Common stock dividends Total dividends Retained earnings, December 31
Transcribed Image Text:Andiysis 877 Stargel Inc. Comparative Income Statement Ser the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Sales $10,000,000 $9,400,000 Cost of goods sold. Gross profit Selling expenses Administrative expenses. 5,350,000 $ 4,650,000 $ 2,000,000 4,950,000 $4,450,000 $1,880,000 Total operating expenses Income from operations 1,500,000 $ 3,500,000 $ 1,150,000 1,410,000 $3,290,000 $1,160,000 Other revenue 150,000 140,000 $ 1,300,000 $1,300,000 Other expense (interest) Income before income tax 170,000 150,000 $ 1,130,000 $1,150,000 Income tax expense 230,000 225,000 Net income $ 900,000 $ 925,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Assets Current assets: Cash $ 500,000 $ 400,000 Marketable securities. 1,010,000 1,000,000 Accounts receivable (net). 740,000 510,000 Inventories 1,190,000 950,000 Prepaid expenses 250,000 229,000 Total current assets. $3,690,000 $3,089,000 Long-term investments. Property, plant, and equipment (net) Total assets 2,350,000 2,300,000 3,740,000 3,366,000 $9,780,000 $8,755,000 Liabilities Current liabilities. $ 900,000 $ 880,000 Long-term liabilities: $ 200,000 Mortgage note payable, 10%. Bonds payable, 10%.. Total long-term liabilities Total liabilities 2$ 1,500,000 1,500,000 $1,700,000 $1,500,000 $2,600,000 $2,380,000 Stockholders' Equity Preferred $0.90 stock, $10 par Common stock, $5 par Retained earnings.. Total stockholders' equity.. Total liabilities and stockholders' equity.. $ 500,000 $ 500,000 500,000 500,000 6,180,000 5,375,000 $6,375,000 $7,180,000 $9,780,000 $8,755,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts: PR 17-4B Measures of liquidity, solvency and profitability Stargel common stock was $119.70 on December 31, 20Y2. Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 Retained earnings, January 1 Net income Total.... .. Dividends: Preferred stock dividends Common stock dividends Total dividends Retained earnings, December 31
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Financial Ratios:- These ratio helps in comparing the financial position of the company.

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