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Alexander Company Comparative Balance Sheets December 31, 2021 and December 13, 2022 Assets 2021 2022 Difference Cash 40,000 334,000 294,000 Accounts Receivable 255,000 215,000 (40,000)

Alexander Company
Comparative Balance Sheets
December 31, 2021 and December 13, 2022
Assets 2021 2022 Difference
Cash 40,000 334,000 294,000
Accounts Receivable 255,000 215,000 (40,000)
Inventory 430,000 350,000 (80,000)
Prepaid Expenses 2,000 1,200 (800)
Plant Property & Equipment 1,104,000 1,256,000 152,000
Accumulated Depr - Equipment (280,000) (366,000) (86,000)
Total Assets 1,551,000 1,790,200 239,200
Liabilities & Stockholder's Equity
Accounts Payable 74,000 118,000 44,000
Notes Payable (Current) 160,000 60,000 (100,000)
Accrued Liabilities 51,000 67,000 16,000
Mortgage Payable 560,000 720,000 160,000
Common Stock $10 par value 400,000 400,000 -
Retained Earnings 306,000 425,200 119,200
Total Liabilities & S/E 1,551,000 1,790,200 239,200

Alexander Company
Income Statement
December 31, 2022
Sales 3,729,000
Cost of Goods Sold 1,127,800
Gross Profit 2,601,200
Operating Expenses 1,949,400
Operating Income 651,800
Interest expense 459,000
Income before income taxes 192,800
Income tax expense 54,600
Net Income 138,200
Additional information:
1. Paid dividends of $76,000
2. Market price - $435.00

Find the following ratios for 2022:

1. Current Ratio

2. Quick Ratio

3. Accounts Receivable Turnover

4. Days to Collect

5. Inventory Turnover

6. Days on hand

7. Payable Turnover

8. Days to pay

9. Debt to Equity Ratio

10. Number of times interest Earned

11. Profit Margin

12. Assets Turnover

13. Return on Assets

14. Return on Equity

15. Earnings per Share

16. Price/Earnings Ratio

17. Dividend Yield

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