Question
Assets Cash and short-term investments $30,000 Accounts receivable (net) 20,000 Inventory 15,000 Property, plant, and equipment 185,000 Total assets $250,000 Liabilities and Stockholders' Equity Current
Assets
Cash and short-term investments
$30,000
Accounts receivable (net)
20,000
Inventory
15,000
Property, plant, and equipment
185,000
Total assets
$250,000
Liabilities and Stockholders' Equity
Current liabilities
$45,000
Long-term liabilities
70,000
Stockholders' equityCommon
135,000
Total liabilities and stockholders' equity
$250,000
Income Statement
Sales
$ 85,000
Cost of goods sold
45,000
Gross margin
$ 40,000
Operating expenses
(15,000)
Interest expense
(5,000)
Net income
$ 20,000
Number of shares of common stock outstanding
6,000
Market price of common stock
$20
Total dividends paid
$9,000
Cash provided by operations
$30,000
What is the ratio of sales to total assets for Diane Company?
What is the rate earned on total assets for Diane Company?
What are the dividends per common share for Diane Company?
What is the dividend yield for Diane Company?
What is the rate earned on common stockholders' equity for Diane Company?
What is the price earnings ratio for Diane Company?
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College Accounting Chapters 1-15
Authors: James A Heintz, Robert W Parry
19th Edition
0324376162, 978-0324376166
