The comparative statements of Marti Rosen Company are presented here:

Additional information: Cash provided by operating activities was $64,600 for 1998. Instructions Compute these values and ratios for 1998:

(a) Current ratio

(b) Working capital

(c) Current cash debt coverage ratio

(d) Debt to total assets ratio

(e) Cash debt coverage ratio

(f) Profit margin ratio (g) Return on assets ratio

Transcribed Image Text:

Assets Current assets Cash MARTI ROSEN COMPANY Balance Sheet December 31 Marketable securities Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity 1998 1997 $ 23,100 $ 21,600 34,800 33,000 106,200 93,800 72,400 64,000 236,500 212,400 465,300 459,600 $701,800 $672,000 Current liabilities Accounts payable $134,200 $132,000 Income taxes payable 25,300 24,000 Total current liabilities 159,500 156,000 Bonds payable Stockholders' equity 132,000 120,000 Total liabilities 291,500 276,000 Common stock ($10 par) 140,000 150,000 Retained earnings 270,300 246,000 Total stockholders' equity 410,300 396,000 Total liabilities and stockholders' equity $701,800 $672,000