Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Accounts Receivable Turnover Acid Test Ratio Basic Earnings Per Share Book Value Per Common Share Current Ratio =Round(number,2) = Net Sales Net Account Receivables
Accounts Receivable Turnover Acid Test Ratio Basic Earnings Per Share Book Value Per Common Share Current Ratio =Round(number,2) = Net Sales Net Account Receivables $451,350.00 22.21 $20,324.30 Cash+Short-Term Investments+Current Receivables $414,680.60 10.06 Current Liabilities $41,207.29 = Net Income - Preferred Dividends Number of Common Shares Outstanding $30,688.47 $4,300.00 7.14 Stockholders' Equity Applicable to Common Shares $271,708.47 63.19 Number of Common Shares Outstanding $4,300.00 = Current Assets Current Liabilities $425,132.60 10.32 $41,207.29 Ending Inventory x 365 days $254,405.00 1.13 Cost of Goods Sold $225,731.00 Net Accounts Receivable x 365 days $7,418,369.50 16.44 Net Sales $451,350.00 Total Liabilities Total Assets Total Liabilities $226,548.97 0.45 $498,257.44 $226,548.97 0.83 Total Equity $271,708.47 Days' Sales In Inventory = Days' Sales Uncollected Debt Ratio Debt To Equity Ratio =
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started