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1. From the following information, compute the ratios indicated and place the proper numbers in the spaces provided. Assume the average for the year is
1. From the following information, compute the ratios indicated and place the proper numbers in the spaces provided. Assume the average for the year is the same as the ending balances for the balance sheet accounts. Round answers to one decimal place, and show you work. Westwood Corporation Balance Sheet December 31, 2010 Assets Cash Marketable securities Accounts receivable (net) Inventory Prepaid expenses Property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $ 15,000 10,000 20.000 30,000 8.000 117.000 $200.000 $ 30,000 50,000 120.000 $200.000 Westwood Corporation Income Statement For the Year Ended December 31, 2010 Net sales Cost of goods sold Gross margin Operating expenses Selling and administrative expenses $ 16,000 Interest expense 8,000 Income taxes expense 4.000 Net income $160,000 120,000 $ 40,000 28,000 $ 12.000 Westwood had 4.000 shares of common stock issued and outstanding. The market price of common stock at year end was $15.00 per share. Dividends paid in 2010 were $0.60 per share. Current ratio Quick ratio Receivable turnover Days' sales uncollected Inventory turnover Profit margin Dividends vield Asset turnover Retum on assets Retum on equity Debt to equity ratio Interest coverage ratio Days' inventory on hand Price learnings (P/E) ratio
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