(a)
Introduction:
The shareholders ratio measures the assets of the company that are funded by the shareholders equity. In return value is paid to the shareholders in terms of dividend.
To find:
The earnings per share, return on common equity, dividend yield ratio, and dividend payout ratio of Steele’s for the year 2018 and 2019.
(b)
Introduction:
The shareholders ratio measures the assets of the company that are funded by the shareholders equity. In return value is paid to the shareholders in terms of dividend
To state:
If there were any significant changes in the ratios from 2018 to 2019 and determine whether Steele was a better investment at 31st Dec 2018 or 31st Dec 2019.
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Chapter 12 Solutions
Cornerstones of Financial Accounting
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- The image uploaded is the calculation of Societe Generale Profitability ratios, shorter liquidity ratios, long-term liquidity ratios, and investment ratios for 2020, 2021, 2022. A base year of 2019 was also added. Evaluate the financial performance by comparing the three (3) years' financial performance that is 2020, 2021, and 2022 I have provided in the table with the base year.arrow_forwardUsing the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the financial ratios for 2020 and 2019 indicated using the EXCEL template provided:1. Gross profit percentage2. Return on sales3. Asset turnover 4. Return on assets5. Return on common stockholders’ equity6. Current ratio7. Quick ratio8. Operating-cash-flow-to-current-liabilities ratio9. Accounts receivable turnoverTotal assets 2020 = $30,806.7Total stockholders’ equity 2020 = $8,349.5Total current liabilities 2020 = $7,491.5Accounts receivable 2020 = $1,615.1Inventory 2020 = $1,426.3Year-end closing stock price May 2020 = $58.80Year-end closing stock price May 2019 = $53.56 To calculate averages use (current year balance + poor year balance) / 2) Round percentages to 1 decimal place; round other answers to 2 decimal places.arrow_forwardAnalyze the composition and evolution of the company's equity for 2021 and 2022. Calculate the Working Capital, the Working Capital Requirements, and the Net Liquid Assets for fiscal years 2022 and 2021, indicating the variation rates for each. Interpret the results obtained and explain the ratio that exists between the WC, WCR, and NLA.arrow_forward
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