income statement Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (interest rate: 10%) Common stock ($5 par value, 6,240 shares outstanding) Retained earnings Total liabilities and stockholders' equity Eamings per share ratio Current ratio Quick ratio Cash ratio Price earnings ratio Dividend yield ratio $ 202,000 115,000 87,000 57,200 29,800 9,200 $ 20,600 % $ 5,200 14,600 41,200 46,800 $ 107,800 $ 16,600 45,600 31,200 14,400 $107,800 $ 170,000 101,200 Assume that the stock price per share is $34 and that dividends in the amount of $6.50 per share were paid during Year 2. Compu the following ratios: Note: Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). 68,800 53,600 15,200 4,600 $ 10,600 $ 7,600 18,600 34,600 39,200 $ 100,000 $ 17,600 45,600 31,200 5,600 $100,000
income statement Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (interest rate: 10%) Common stock ($5 par value, 6,240 shares outstanding) Retained earnings Total liabilities and stockholders' equity Eamings per share ratio Current ratio Quick ratio Cash ratio Price earnings ratio Dividend yield ratio $ 202,000 115,000 87,000 57,200 29,800 9,200 $ 20,600 % $ 5,200 14,600 41,200 46,800 $ 107,800 $ 16,600 45,600 31,200 14,400 $107,800 $ 170,000 101,200 Assume that the stock price per share is $34 and that dividends in the amount of $6.50 per share were paid during Year 2. Compu the following ratios: Note: Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). 68,800 53,600 15,200 4,600 $ 10,600 $ 7,600 18,600 34,600 39,200 $ 100,000 $ 17,600 45,600 31,200 5,600 $100,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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