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
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Problem 4PB
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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
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
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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