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13: 05. . LTE O X TRAINING FINANCIAL STATEMENT A. . . The following are PT Home Comparative Financial Position Reports for 2017 and 2018
13: 05. . LTE O X TRAINING FINANCIAL STATEMENT A. . . The following are PT Home Comparative Financial Position Reports for 2017 and 2018 (In S): 2017 2018 Land 40. 000 90,000 Buildings 18. 000 25,000 Accumulated Depreciation - Buildings (10,000) (6,000) Equipment 10,000 40. 000 Accumulated Depreciation - Equipment (6,000) (15,000) Prepaid Advertisements 10.. 000 15. 000 Supplies 3,000 6,000 Merchandise Inventories 25. 000 20,000 Notes Receivable 15,000 14,000 Accounts Receivable (net) 9,000 3. 000 Cash 6,000 38,000 Total Assets: 120,000 230,000 Common Stock Capital (nominal value @ 58) 82. 000 108,000 Retained Earnings 9,000 61. 000 Long-Term Notes Payable 31,000 Bonds Payable 11,000 7. 000 Accounts Payable 12,000 18,000 Salary Pays 6,000 5,000 Total Equity and Liabilities: 120,000 230,000 Additional information during 2018: 1. Credit sales of $ 201,250 and Cost of Sales of $ 67,500. 2 Interest Expense of $ 6,000 and Income Tax Expense of $ 7,000. 3 Net Profit of $ 80,000. 4 The market price per Common Stock at the end of 2018 is 20. Asked to calculate the following ratio for 2018 (round 2 numbers after the comma): a. Current Ratio h. Return on Common Stock Capital. b. Quick Ratio i Earnings Per Share c. Receivables Turnover. j. Price to Profit Ratio, d. Inventory Turnover k. Dividend Payment Ratio. e. Net Profit Margin I Total Liabilities to Total Assets. f Asset Turnover. m. Number of Interest Payments g. Asset Returns.
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