Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2019 2018 % % % % % % times times times a. Net margin b. Return on investment c. Return on equity d. Earings per

image text in transcribed
image text in transcribed
2019 2018 % % % % % % times times times a. Net margin b. Return on investment c. Return on equity d. Earings per share e. Price-earnings ratio f. Book value g. Interest earned h. Working capital i. Current ratio j. Quick (acid-test) ratio k. Accounts receivable turnover 1. Inventory turnover m. Debt to equity ratio n. Debt to assets ratio times times times times times % % Saved sta 2019 2018 $211,100 8,100 219,200 $176,400 6,200 182,600 125,100 20,200 9,900 1,500 19,400 176, 100 101,900 18,200 8,900 1,500 17,600 148,100 $ 34,500 $ 43,100 $ Revenues Net sales Other revenues Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses Net income Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (44,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 5,200 2,200 36,700 101,600 3,400 149, 100 105,300 20,200 $274,600 $ 7,400 2,200 31,800 96,000 2,400 1139,800 105, 300 0 $245, 100 $ 39,600 16,900 56,500 65,400 121,900 $ 55,400 16,300 71, 700 66,400 138, 100 113,600 39,100 152, 700 $274,600 113,600 (6,600) 107,000 $245, 100

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit And Assurance Principles And Practices In Singapore

Authors: Dr Ernest Kan

5th Edition

9814838136, 978-9814838139

More Books

Students also viewed these Accounting questions

Question

How to find if any no. is divisble by 4 or not ?

Answered: 1 week ago

Question

Explain the Pascals Law ?

Answered: 1 week ago

Question

What are the objectives of performance appraisal ?

Answered: 1 week ago