Ratio analysis Required Use the financial statements for Bernard Company from Problem 13-22A to calculate the following
Question:
Ratio analysis
Required
Use the financial statements for Bernard Company from Problem 13-22A to calculate the following ratios for 2012 and 2011:
a. Working capital
b. Current ratio
c. Quick ratio
d. Receivables turnover (beginning receivables at January 1, 2011, were $47,000.)
e. Average days to collect accounts receivable
f. Inventory turnover (beginning inventory at January 1, 2011, was $140,000.)
g. Number of days to sell inventory
h. Debt to assets ratio
i. Debt to equity ratio
j. Number of times interest was earned
k. Plant assets to long-term debt
l. Net margin
m. Turnover of assets
n. Return on investment
o. Return on equity
p. Earnings per share
q. Book value per share of common stock
r. Price-earnings ratio (market price per share: 2011, $11.75; 2012, $12.50)
s. Dividend yield on common stock
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
Step by Step Answer:
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds