Compute these values and ratios for 2024 and 2025. (Round Earnings per share to 2 decimal places, eg. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, eg. 15.2:1 or 15.2%. Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses eg. (45)) (a) (c) Earnings per share Current ratio acent $ 2025 2024
Compute these values and ratios for 2024 and 2025. (Round Earnings per share to 2 decimal places, eg. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, eg. 15.2:1 or 15.2%. Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses eg. (45)) (a) (c) Earnings per share Current ratio acent $ 2025 2024
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 4PB
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Please do not give solution in image format thanku
![Compute these values and ratios for 2024 and 2025. (Round Earnings per share to 2 decimal places, eg. $2.78 and Current Ratio and Debt
to assets ratio to 1 decimal place, eg. 15.2:1 or 15.2%. Enter negative amounts using either a negative sign preceding the number e.g.-45 or
parentheses e.g. (45).)
(a)
(c)
(d)
Earnings per share
Current ratio
Debt to assets ratio
$
2025
2024
:1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F38645cca-e606-47fd-b3fc-eaaf6c321248%2Fd5187931-7141-42d2-ba07-4c6b21ee5036%2F65454zj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Compute these values and ratios for 2024 and 2025. (Round Earnings per share to 2 decimal places, eg. $2.78 and Current Ratio and Debt
to assets ratio to 1 decimal place, eg. 15.2:1 or 15.2%. Enter negative amounts using either a negative sign preceding the number e.g.-45 or
parentheses e.g. (45).)
(a)
(c)
(d)
Earnings per share
Current ratio
Debt to assets ratio
$
2025
2024
:1
![Condensed balance sheet and income statement data for Oriole Company are presented as follows.
Assets
Cash
Receivables (net)
Other current assets
Long-term investments
Property, plant, and equipment (net)
Total assets
Liabilities and Stockholders' Equity
Current liabilities
Oriole Company
Balance Sheets
December 31
Sales revenue
Net income
2025
Dividends paid
$27,800
Additional information:
89,000
70,700
63,800
520,000
58,400
59,600
463,000
$771,300 $661,600
$75,000
Long-term liabilities
Common stock
Retained earnings
Total liabilities and stockholders' equity $771,300 $661,600
63,834
339,000
2024
293,466
$20.100
Cost of goods sold
Operating expenses (including income taxes)
60,500
$69,500
79,360
303,500
209,240
Oriole Company
Income Statements
For the Years Ended December 31
Weighted-average common shares outstanding
2025
458,000
$771,300 $704,600
244,000
$ 69,300
$25,000
4
33,000
2024
417,000
227,000
$ 60,600
$12,000
30,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F38645cca-e606-47fd-b3fc-eaaf6c321248%2Fd5187931-7141-42d2-ba07-4c6b21ee5036%2F1vuziqo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Condensed balance sheet and income statement data for Oriole Company are presented as follows.
Assets
Cash
Receivables (net)
Other current assets
Long-term investments
Property, plant, and equipment (net)
Total assets
Liabilities and Stockholders' Equity
Current liabilities
Oriole Company
Balance Sheets
December 31
Sales revenue
Net income
2025
Dividends paid
$27,800
Additional information:
89,000
70,700
63,800
520,000
58,400
59,600
463,000
$771,300 $661,600
$75,000
Long-term liabilities
Common stock
Retained earnings
Total liabilities and stockholders' equity $771,300 $661,600
63,834
339,000
2024
293,466
$20.100
Cost of goods sold
Operating expenses (including income taxes)
60,500
$69,500
79,360
303,500
209,240
Oriole Company
Income Statements
For the Years Ended December 31
Weighted-average common shares outstanding
2025
458,000
$771,300 $704,600
244,000
$ 69,300
$25,000
4
33,000
2024
417,000
227,000
$ 60,600
$12,000
30,000
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