Question
a. Calculate the current ratio for 2021 and 2022. b. Calculate the acid-test ratio for 2021 and 2022. C. Calculate the inventory turnover for 2021
a. Calculate the current ratio for 2021 and 2022.
b. Calculate the acid-test ratio for 2021 and 2022.
C. Calculate the inventory turnover for 2021 and 2022.
D. Calculate the return on sales for 2021 and 2022.
E. Calculate the earnings per share of common stock for 2021 and 2022.
F. Calculate the book value per share of common stock for 2021 and 2022.
G. Calculate the return on total assets for 2021 and 2022.
H. Calculate the ratio of stockholders equity to total equities for 2021 and 2022.
I. Calculate the rate of return on stockholders equity for 2021 and 2022.
J. Calculate the asset turnover for 2021 and 2022.
Assurre all sales are creull sales. \begin{tabular}{|l|l|c|c|c|c|} \hline \multicolumn{9}{|c|}{ Acid-test ratio } \\ \hline & Choose Numerator & Choose Denominator & & \multicolumn{2}{|c|}{} \\ \hline & & & & & \multicolumn{2}{|c|}{ Acid-test ratio } \\ \hline 2022 & & & & = & :1 \\ \hline 2021 & & & & = & :1 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{7}{|c|}{ Ratio of stockholders' equity to total equities } \\ \hline & Choose Numerator & Choose Denominator & & \\ \hline & & & & Ratio of stockholders' equity to total equities & \\ \hline 2022 & & & & & % \\ \hline 2021 & & & = & & % \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{9}{|c|}{ Current ratio } \\ \hline & Choose Numerator & Choose Denominator & & \\ \hline & & & & & Current ratio \\ \hline 2022 & & & = & & :1 \\ \hline 2021 & & & = & & :1 \\ \hline \end{tabular} ow \begin{tabular}{|l|l|l|l|l|l|l|} \hline \multicolumn{9}{|c|}{ Return on sales } & \\ \hline & Numerator & Denominator & & & \\ \hline & & & & & Return on sales & \\ \hline 2022 & & & = & & % \\ \hline 2021 & & & & & % \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{9}{|c|}{ Return on total assets } \\ \hline & Choose Numerator & Choose Denominator & \\ \hline & & & & = & Return on total assets \\ \hline 2022 & & & = & & % \\ \hline 2021 & & & = & & % \\ \hline \end{tabular}Step by Step Solution
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