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Alma Company Income Statement For the Year Ended December 31, Year 2 (dollars in thousands) Sales (all on account). Cost of goods sold. Gross margin.
Alma Company Income Statement For the Year Ended December 31, Year 2 (dollars in thousands) Sales (all on account). Cost of goods sold. Gross margin. Operating expenses Net operating income Interest expense. Net income before taxes. Income taxes (30%). Net income. $2,300 ...1,610 .690 270 420 30 390 117 $ 273 Dividends during Year 2 totaled $153 thousand, of which $10 thousand were preferreddividends. The market price of a share of common stock on December 31, Year 2 was $210. Required: Compute the following for Year 2: a. Earnings per share of common stock. b. Price-earnings ratio. C. Dividend payout ratio. d. Dividend yield ratio. e. Return on total assets. f. Return on common stockholders' equity. g. Book value per share. h. Working capital. i. Current ratio. j. Acid-test (quick) ratio. k. Accounts receivable turnover. 1. Average collection period (age of receivables). m. Inventory turnover. n. Average sale period (turnover in days). 0. Times interest earned. p. Debt-to-equity ratio. Alma Company Income Statement For the Year Ended December 31, Year 2 (dollars in thousands) Sales (all on account). Cost of goods sold. Gross margin. Operating expenses Net operating income Interest expense. Net income before taxes. Income taxes (30%). Net income. $2,300 ...1,610 .690 270 420 30 390 117 $ 273 Dividends during Year 2 totaled $153 thousand, of which $10 thousand were preferreddividends. The market price of a share of common stock on December 31, Year 2 was $210. Required: Compute the following for Year 2: a. Earnings per share of common stock. b. Price-earnings ratio. C. Dividend payout ratio. d. Dividend yield ratio. e. Return on total assets. f. Return on common stockholders' equity. g. Book value per share. h. Working capital. i. Current ratio. j. Acid-test (quick) ratio. k. Accounts receivable turnover. 1. Average collection period (age of receivables). m. Inventory turnover. n. Average sale period (turnover in days). 0. Times interest earned. p. Debt-to-equity ratio
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