Use the financial statements for Chicago Refrigerator Inc. (see Tables 14.15 and 14.16) to compute ratios a

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Use the financial statements for Chicago Refrigerator Inc. (see Tables 14.15 and 14.16) to compute ratios a through h for 2022.


Tables 14.15

Assets Current assets Cash Accounts receivable Inventories Prepaid expenses Total current assets Property,

Common stock, $1 par value 1,000,000 shares authorized; 550,000 and 829,000 outstanding, respectively


Tables 14.16 

Net sales Other income, net Total revenues Cost of goods sold General administrative and marketing expenses

a. Quick ratio. 

b. Return on assets. 

c. Return on common shareholders’ equity. 

d. Earnings per share of common stock. 

e. Profit margin. 

f. Times interest earned. 

g. Inventory turnover. 

h. Leverage ratio. 

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Related Book For  book-img-for-question

ISE Essentials Of Investments

ISBN: 9781265450090

12th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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