Selected ratios for the current year for three companies in the office furniture industry follow: Office By Design Corporation Office Inspirations Ratio Max Office Ltd. Inc. Dividend Yield 3.1% 2.0% 0.9% Price Earnings 24.6 times 19.7 times 29.2 times Payout 2.6% 3.4% 1.0% Debt to Assets 64% 72% 66% Return on Equity 24.7% 29.7% 25%
Selected ratios for the current year for three companies in the office furniture industry follow: Office By Design Corporation Office Inspirations Ratio Max Office Ltd. Inc. Dividend Yield 3.1% 2.0% 0.9% Price Earnings 24.6 times 19.7 times 29.2 times Payout 2.6% 3.4% 1.0% Debt to Assets 64% 72% 66% Return on Equity 24.7% 29.7% 25%
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter17: Financial Statement Analysis
Section: Chapter Questions
Problem 4AP
Related questions
Question
![Selected ratios for the current year for three companies in the office furniture
industry follow:
Office Inspirations
Office By Design
Corporation
Ratio
Max Office Ltd.
Inc.
Dividend Yield
3.1%
2.0%
0.9%
Price Earnings
Payout
Debt to Assets
Return on Equity
24.6 times
19.7 times
29.2 times
2.6%
3.4%
1.0%
64%
72%
66%
24.7%
29.7%
25%
Based on the above ratios which company do investors favour for future growth and
investment?
Office Inspirations Inc.
Office By Design Corporation.
Max Office Ltd.
O None of the above.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffe640ae8-2f0e-4ff9-8f0a-e26e174f122d%2Fa44589db-e1ac-48d7-a5b3-b8d9b6487ddb%2Fn4fnxz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Selected ratios for the current year for three companies in the office furniture
industry follow:
Office Inspirations
Office By Design
Corporation
Ratio
Max Office Ltd.
Inc.
Dividend Yield
3.1%
2.0%
0.9%
Price Earnings
Payout
Debt to Assets
Return on Equity
24.6 times
19.7 times
29.2 times
2.6%
3.4%
1.0%
64%
72%
66%
24.7%
29.7%
25%
Based on the above ratios which company do investors favour for future growth and
investment?
Office Inspirations Inc.
Office By Design Corporation.
Max Office Ltd.
O None of the above.
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