Selected items from successive annual reports of Middlebrook, Inc., appear as follows. Dividends of $16,000 were declared
Question:
Dividends of $16,000 were declared and paid in year 2.
Compute the following:
a. Current ratio for year 2 and year 1.
b. Debt ratio for year 2 and year 1.
c. Earnings per share for year 2.
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Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-1259692406
18th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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