Accounting ratios
1.Freebird Inc. had a net income of $394,200 for the year ended September 30, 2020. The company does not have any preferred shares and has 104,000 common shares outstanding for the entire year. During the year, they paid out $48,500 in dividends. Assume the market price of each common share at the company's year end is $18 per share. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate earnings per share. Earnings per share = $Answerl 3.79 correct b) Calculate the dividend yield. Dividend Yield = Answerl 3 wrong % c) Calculate the price earnings ratio. Price Earnings Ratio = Answer 4.75 correct 2. Presented below are select figures from the balance sheet of Newton Company for 2020 and 2019. Newton Company Balance Sheet As at February 28 2020 2019 Total Assets $289,238 $205,856 Total Liabilities $115,916 $63,949 Shareholders' Equity $173,322|$141,907 B of 8 6In 2020, Newton Company had sales of $466,000 and net income of $46,600. Calculate the ratios for 2020 as indi- cated below. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. Return on Assets (Percent): Answer 16:11 wrong Asset Turnover: Answer 1.85 correct times Debt-to-Equity (Decimal): Answerl 0.67 correct Debt-to-Total-Assets (Percent): Answerl 40.08 correct 3. At the beginning of 2020, Percolate Corp. had inventory of $368,000. During the year, it purchased $265,000 worth of raw materials and sold $580,000 worth of inventory. Determine the inventory turnover ratio and the days' sales in inventory. Do not enter dollar signs or commas in the input boxes. For the days' sales in inventory, round your answer to the nearest whole number. Days' Sales in Inventory = Answer 32:90 wrong days For the inventory turnover ratio, round your answer to 2 decimal places. Inventory Turnover = Answer 2.76 correct