ALIT Financial Statement Analysis rer 7. Number of days' sales in inventory Satio of Ged leng torm m liebitities equity ned 11 78000 12. Feturn on total assets stockbolders' ecuity 14. Ram n stockbolders equity per otock NCE-earningx tio Stock 18. Dividend yield Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Sales .. Cost of goods sold.. Gross profit .. Selling expenses Administrative expenses. Total operating expenses Income from operations. Other income. $10,000,000 $9,400,000 4,950,000 $4450,000 $1,880,000 5,350,000 $ 4,650,000 $ 2,000,000 1,500,000 $ 3,500,000 $ 1,150,000 150,000 $ 1,300,000 170,000 $ 1,130,000 1,410,000 $3,290,000 $1,160,000 140,000 $1,300,000 Other expense (interest)... Income before income tax Income tax expense. Net income.... 150,000 $1,150,000 225,000 $ 925,000 230,000 $ 900,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 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 Total current assets.. Long-term investments.. Property, plant, and equipment (net) Total assets.. 250,000 229.000 $3,089,000 $3,690,000 2,350,000 2,300,000 3,740,000 $9,780,000 3.366,000 $8,755,000 Liabilities Current liabilities... Long-term liabilities: Mortgage note payable, 10%... Bonds payable, 10 %.... Total long-term liabilities . Total liabilities. $ 900,000 $ 880,000 $ 200,000 1,500,000 $1,700,000 $2.600,000 1,500,000 $1,500,000 $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 $7,180,000 $9.780,000 5,375,000 $6,375,000 $8.755,000 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Retained earnings, January 1... Net income.. Total Dividends: On preferred stock On common stock.. Total dividends.... Retained earnings, December 31 $4,545,000 925,000 $5,470,000 $5,375,000 900,000 $6,275,000 $ 45,000 $ 45,000 50,000 $ 95,000 $6,180,000 50,000 $95,000 $5,375,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts:
ALIT Financial Statement Analysis rer 7. Number of days' sales in inventory Satio of Ged leng torm m liebitities equity ned 11 78000 12. Feturn on total assets stockbolders' ecuity 14. Ram n stockbolders equity per otock NCE-earningx tio Stock 18. Dividend yield Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Sales .. Cost of goods sold.. Gross profit .. Selling expenses Administrative expenses. Total operating expenses Income from operations. Other income. $10,000,000 $9,400,000 4,950,000 $4450,000 $1,880,000 5,350,000 $ 4,650,000 $ 2,000,000 1,500,000 $ 3,500,000 $ 1,150,000 150,000 $ 1,300,000 170,000 $ 1,130,000 1,410,000 $3,290,000 $1,160,000 140,000 $1,300,000 Other expense (interest)... Income before income tax Income tax expense. Net income.... 150,000 $1,150,000 225,000 $ 925,000 230,000 $ 900,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 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 Total current assets.. Long-term investments.. Property, plant, and equipment (net) Total assets.. 250,000 229.000 $3,089,000 $3,690,000 2,350,000 2,300,000 3,740,000 $9,780,000 3.366,000 $8,755,000 Liabilities Current liabilities... Long-term liabilities: Mortgage note payable, 10%... Bonds payable, 10 %.... Total long-term liabilities . Total liabilities. $ 900,000 $ 880,000 $ 200,000 1,500,000 $1,700,000 $2.600,000 1,500,000 $1,500,000 $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 $7,180,000 $9.780,000 5,375,000 $6,375,000 $8.755,000 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Retained earnings, January 1... Net income.. Total Dividends: On preferred stock On common stock.. Total dividends.... Retained earnings, December 31 $4,545,000 925,000 $5,470,000 $5,375,000 900,000 $6,275,000 $ 45,000 $ 45,000 50,000 $ 95,000 $6,180,000 50,000 $95,000 $5,375,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I need help with 5,7,12, and 18 please
5. Number of days in sales in receivables
7. number of days in sales in inventory
12. return on total asset
18. divident yield
i have tried working on them myself and nothing appears to be correct. Please help me on these last 4 questions
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