1. The following are the balance sheet and the income statement of ABC Inc., please compute the important financial ratios in common, including short-term solvency ratios, long-term solvency ratios, asset management ratios, profitability ratios and market value ratios in 2020. The stock current price is $35.(35) 2019 2020 $ 140 294 269 58 $ 761 $ 107 270 280 50 $ 707 Assets Current assets: Cash and equivalents Accounts receivable Inventories Other Total current assets Fixed assets: Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Intangible assets and others Total fixed assets $1,423 $1,274 550 460 873 814 Liabilities (Debt) and 2019 2020 Stockholders' Equity Current liabilities: Accounts payable $ 213 $ 197 Notes payable 50 53 Accrued expenses 223 205 Total current liabilities $ 486 $ 455 Long-term liabilities: Deferred taxes $ 117 $ 104 Long-term debt* 471 458 Total long-term liabilities $ 588 $ 562 Stockholders' equity: Preferred stock $ 39 $ 39 Common stock ($1 par value) 55 32 Capital surplus 347 327 Accumulated retained 390 347 earnings Less treasury stockt 26 20 Total equity $ 805 $ 725 Total liabilities and stockholders' equity $1,879 $ 1.742 245 221 $1,118 $1,035 Total assets $1,879 $1,742 1. The following are the balance sheet and the income statement of ABC Inc., please compute the important financial ratios in common, including short-term solvency ratios, long-term solvency ratios, asset management ratios, profitability ratios and market value ratios in 2020. The stock current price is $35.(35) 2019 2020 $ 140 294 269 58 $ 761 $ 107 270 280 50 $ 707 Assets Current assets: Cash and equivalents Accounts receivable Inventories Other Total current assets Fixed assets: Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Intangible assets and others Total fixed assets $1,423 $1,274 550 460 873 814 Liabilities (Debt) and 2019 2020 Stockholders' Equity Current liabilities: Accounts payable $ 213 $ 197 Notes payable 50 53 Accrued expenses 223 205 Total current liabilities $ 486 $ 455 Long-term liabilities: Deferred taxes $ 117 $ 104 Long-term debt* 471 458 Total long-term liabilities $ 588 $ 562 Stockholders' equity: Preferred stock $ 39 $ 39 Common stock ($1 par value) 55 32 Capital surplus 347 327 Accumulated retained 390 347 earnings Less treasury stockt 26 20 Total equity $ 805 $ 725 Total liabilities and stockholders' equity $1,879 $ 1.742 245 221 $1,118 $1,035 Total assets $1,879 $1,742
