Ratio analysis Information from Angus Companys financial statements follows Required Compute the following ratios for Angus Company
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Ratio analysis Information from Angus Company’s financial statements follows Required Compute the following ratios for Angus Company for 2006 and 2005.
a. Number of times interest was earned.
b. Earnings per share based on the average number of shares outstanding.
c. Price-earnings ratio (market prices: 2006, $75 per share; 2005, $60 per share).
d. Return on average equity.
e. Net margin.
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 9780073526799
4th Edition
Authors: Thomas Edmonds, Bor-Yi Tsay, Philip Olds
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