ALL INFORMATION HAS BEEN GIVEN PLEASE HELP WITH A-E AND SHOW WORK
The Information below comes from the financial statements of Rosson Company Rosson Company Income Statement Years ended 2017 and 2018 2018 2017 Revenues: $299,000 $246,000 8,000 9,000 307,000 255,000 172,000 138,000 Net Sales Other Revenues Total Revenues Expenses: Cost of Goods Sold S,G&A Expenses Interest Expense. Income Tax Expense Total Expenses Income Before Discontinued Operations Discontinued Operations Gain (net of tax) 44,000 40,000 4,000 4,500 31.000 25,400 251,000 207,900 47,100 56,000 9,000 0 $ 65,000 $ 47.100 Net Income Rosson Company Balance sheet Years ended 2017 and 2018 Assets Current Assets $ 7,500 $ 12,500 Cash 1,000 1,500 Marketable Securities Accounts Receivable 50,000 47,500 150,000 145,000 5,000 2,500 Inventories Prepaid Expenses Total Current Assets Plant and Equipment (net) 213,500 209,000 147,000 157,000 30,500 0 Intangibles $391,000 $366,000 Total Assets Llabilities and Stockholders' Equity Liabilities: Current Liabilities: $ 58,000 25,000 Accounts Payable Other Accrued Liabilities... Total Current Liabilities............. Bonds Payable... Total Liabilities $ 79,500 22,500 102,000 100,000 83,000 90,000 173,000 202,000 130,000 of Par 20,000 Stockholders' Equity Common Stock ($s par) Paid-in Capital in Excess of Par Retained Earnings. Total Stockholders' Equity Total Liabilities and Stockholders' Equity Common stock market price at year-end 130,000 20,000 14,000 164,000 68,000 218,000 $391,000 $366,000 $14.00 $8.55 **Dividend payments amounted to $11,000 in 2018 and $5,000 in 2017 **Dividend payments amounted to $11,000 in 2018 and $5,000 in 2017. Calculate the following liquidity ratios for 2018 and 2017: A. Accounts Receivable turnover B. Inventory Turnover Calculate the following solvency ratios for 2018 and 2017: C. Plant assets to Long-Term Liabilities Calculate the following profitability ratios for 2018 and 2017: D. Asset Turnover Calculate the following stock market ratios for 2018 and 2017: E. Book Value Per Share Required Perform the following analyses. If you have insufficient data to use averages in ratio computations, use year-end balances in the calculations