3T, LOTU b. Calculate the current ratio at December c. Calculate the acid-test ratio at December 31, 2016 for the Calculate activity measures The following information w ended December 31, 2016: was available for te Mini-Exercise 11.2 $365.000 202,000 Net sales Cost of goods sold Average accounts receivable for the year Accounts recevable at year-end Average inventory for the year Irventory at year-end Requ b. C Required: a. Calculate the inventory turnover for 2016. b. Calculate the number of days' sales in inventory for 2016, using year-end Ex All ap Iden day v to inv tion. you a the c annu firm inventories. Calculate the accounts receivable turnover for 2016. Calculate the number of days' sales in accounts receivable for 2016, using year-end accounts receivable. c. d. Mini-Exercise Calculate profitability measures The following information was lable for te 11.3 year ended December 31, 2016: Obta $ 400,000 60,000 Com Line Net income Average total assets Average total stockholders equity Dividends per sharo 1,000,000 600,000 2.40 6.00 9300 Alte abo Revi besi data Market price per share at year-end.. Required a. Calculate margin, turnover, and ROI for the year ended December 31. b. Calculate ROE for the year ended December 31, 2016. c. Calculate the pricelearnings ratio for 2016. d. Calculate the dividend payout ratio for 2016. e. Calculate the dividend yield for 2016. Effe tran: ember 31. 2016 befo 3T, LOTU b. Calculate the current ratio at December c. Calculate the acid-test ratio at December 31, 2016 for the Calculate activity measures The following information w ended December 31, 2016: was available for te Mini-Exercise 11.2 $365.000 202,000 Net sales Cost of goods sold Average accounts receivable for the year Accounts recevable at year-end Average inventory for the year Irventory at year-end Requ b. C Required: a. Calculate the inventory turnover for 2016. b. Calculate the number of days' sales in inventory for 2016, using year-end Ex All ap Iden day v to inv tion. you a the c annu firm inventories. Calculate the accounts receivable turnover for 2016. Calculate the number of days' sales in accounts receivable for 2016, using year-end accounts receivable. c. d. Mini-Exercise Calculate profitability measures The following information was lable for te 11.3 year ended December 31, 2016: Obta $ 400,000 60,000 Com Line Net income Average total assets Average total stockholders equity Dividends per sharo 1,000,000 600,000 2.40 6.00 9300 Alte abo Revi besi data Market price per share at year-end.. Required a. Calculate margin, turnover, and ROI for the year ended December 31. b. Calculate ROE for the year ended December 31, 2016. c. Calculate the pricelearnings ratio for 2016. d. Calculate the dividend payout ratio for 2016. e. Calculate the dividend yield for 2016. Effe tran: ember 31. 2016 befo
