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1 6 . 3 Required: Compute the following financial data and ratios for this year: Working capital. Note: Enter your answer in thousands. Current ratio.
Required: Compute the following financial data and ratios for this year: Working capital. Note: Enter your answer in thousands. Current ratio. Note: Round your answer to decimal places. Acidtest ratio. Note: Round your answer to decimal places. Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December appear below. The company did not issue any common stock during the year. A total of shares of common stock were outstanding. The interest rate on the bond payable was the income tax rate was and the dividend per share of common stock was $ last year and $ this year. The market value of the companys common stock at the end of this year was $ All of the companys sales are on account. This Year Last Year
Required:
Compute the following financial data and ratios for this year:
Working capital.
Note: Enter your answer in thousands.
Current ratio.
Note: Round your answer to decimal places.
Acidtest ratio.
Note: Round your answer to decimal places.
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December appear below. The company did not issue any common stock during the year. A total of shares of common stock were outstanding. The interest rate on the bond payable was the income tax rate was and the dividend per share of common stock was $ last year and $ this year. The market value of the companys common stock at the end of this year was $ All of the companys sales are on account.
This Year Last Year
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