Weaver Corporation's stock is selling for $16 per share. Weaver provided the following financial statements. Use these
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Weaver Corporation's stock is selling for $16 per share. Weaver provided the following financial statements. Use these statements to prepare comprehensive ratio analysis tables.
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ASSETS WEAVER CORPORATION Comparative Balance Sheet December 31, 20X3 and 20X2 Current assets Cash Accounts receivable Inventories Total current assets Property, plant, and equipment Land Building Equipment Less: Accumulated depreciation Total property, plant, and equipment Total assets LIABILITIES 20X3 20X2 $ 500,000 $ 370,000 350,000 90,000 290,000 110,000 $ 940,000 $ 770,000 $ 200,000 $200,000 650,000 650,000 950,000 900,000 $1,800,000 $1,750,000 (365,000) (325,000) $1,435,000 $1,425,000 $2,375,000 $2,195,000
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