1.	Market price of Hanfield's common stock: $68.00 at December 31, 2018, and $33.24 at December 31, 2017.
2.	Common shares outstanding: 15,000 on December 31, 2018 and 13,000 on December 31, 2017 and 2016.
3.	All sales on credit.

X Comparative financial statement data of Manfield, Inc. follow: E: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Balance sheet Manfield, Inc. Begin by selecting the formula to compute the debt to equity ratio. Debt to equity ratio = Total liabilities = Total equity Comparative Balance Sheet December 31, 2018 and 2017 2018 Now, compute the debt to equity ratios for 2018 and 2017. (Round your answers to two decimal places, X.XX.) 2017 2016* Assets Debt to equity ratio 1.45 Current Assets 2018 2017 1.63 Cash $ 94,000 $ Income statement 110,000 Requirement 1g. Compute the rate of return on common stockholders' equity for 2018 and 2017. Begin by selecting the formula to compute the rate of return on common stockholders' equity. Accounts Receivables, Net Merchandise Inventory 92,000 118,000 $ 103,000 162,000 206,000 8,000 146,000 16,000 Rate of return on common stockholders' equity Prepaid Expenses Total Current Assets = (Net income - Preferred dividends) = Average common stockholder's equity 366,000 219,000 380,000 175,000 Manfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Property, Plant, and Equipment, Net Now, compute the rate of return on common stockholders' equity for 2018 and 2017. (Round your answers to one tenth of a percent $ 585,000 $ 555,000 Total Assets $602,000 Net Sales Revenue $ 461,000 $ 429,000 238,000 215,000 Rate of return on common stockholders' equity % 47.4 % 39.8 % Liabilities Total Current Liabilities Cost of Goods Sold $ 227,000 $ 119,000 245,000 99,000 Gross Profit 2018 223,000 132,000 214,000 130,000 2017 Long-term Liabilities Total Liabilities 346,000 344,000 Operating Expenses Income From Operations 91,000 9,000 84,000 13,000 Interest Expense (Requirement 1h. Compute the earnings per share of common stock for 2018 and 2017. Begin by selecting the formula to compute the earnings per share of common stock. Earnings per share = (Net income - Preferred dividends) = Weighted average number of common shares outstanding Stockholders' Equity Income Before Income Tax Preferred Stock, 4% 96,000 96,000 143,000 82.000 17,000 71,000 26,000 Income Tax Expense Common Stockholders' Equity, no par 115.000 92,000 $ 45,000 65,000 $ $ 585,000 $ 555,000 Net Income Now, compute the earnings per share for 2018 and 2017. (Round your answers to the nearest cent, SX.XX.) Earnings per share of common stock Total Liabilities and Stockholders' Equity * Coload 2010 Sunt 2018 2017 Print Done Print Done Help me solve this Calculator Print Clear all Check