A company's calendar-year financial data are shown below. The company had total assets of $339,000 and total equity of $144,400 for the prior year. No additional shares were issued during the year. The December 31 market price per share is $49.50. Cash dividends of $19,500 were paid during the year. Calculate the following ratios for the company: (a) Profit margin ratio. (b) Retum on total assets. (c) Return on ordinary shareholders' equity. (d) Basic earnings per share. (e) Price earnings ratio. (f) Dividend yield. Net sales.... Cost of goods sold.. Gross profit Operating expenses Operating income Interest expense. Income before taxes Income taxes. Net profit Cash Accounts receivable (net). ******** $650,000 422,500 $227,500 140,500 $ 87,000 9,100 $ 77,900 23,400 $ 54,500 Ending Balances $ 19,500 65,000
A company's calendar-year financial data are shown below. The company had total assets of $339,000 and total equity of $144,400 for the prior year. No additional shares were issued during the year. The December 31 market price per share is $49.50. Cash dividends of $19,500 were paid during the year. Calculate the following ratios for the company: (a) Profit margin ratio. (b) Retum on total assets. (c) Return on ordinary shareholders' equity. (d) Basic earnings per share. (e) Price earnings ratio. (f) Dividend yield. Net sales.... Cost of goods sold.. Gross profit Operating expenses Operating income Interest expense. Income before taxes Income taxes. Net profit Cash Accounts receivable (net). ******** $650,000 422,500 $227,500 140,500 $ 87,000 9,100 $ 77,900 23,400 $ 54,500 Ending Balances $ 19,500 65,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
only solve d, e and f
Transcribed Image Text:A company's calendar-year financial data are shown below. The company had total assets
of $339,000 and total equity of $144,400 for the prior year. No additional shares were
issued during the year. The December 31 market price per share is $49.50. Cash dividends
of $19,500 were paid during the year. Calculate the following ratios for the company:
(a) Profit margin ratio.
(b) Retum on total assets.
(c) Return on ordinary shareholders' equity.
(d) Basic earnings per share.
(e) Price earnings ratio.
(f) Dividend yield.
Net sales
Cost of goods sold.....
Gross profit.....
Operating expenses
Operating income
Interest expense
Income before taxes
Income taxes.
Net profit
www*****
Accounts receivable (net).
Inventory.....
Property, plant and equipment (net) .
Total assets
Current liabilities.
Long-term notes payable .….....
Share Capital: $5 par value
Retained earnings......
Total liabilities and equity.
$650,000
422,500
$227,500
140,500
$ 87,000
9,100
$77,900
23,400
$ 54,500
Ending Balances
$ 19,500
65,000
71,500
195,000
$351,000
$74,100
97,500
65,000
114,400
$351,000
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