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At December 31 Assets Cashi Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes
At December 31 Assets Cashi Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity Current Yr 1 Yr Ago 2 Yrs Ago $ 30,000 $ 36,500 $ 38,000 89,600 63,500 49.000 110,000 80.600 54,500 10,200 9.350 4,600 281,000 256,500 230,000 $520,800 $446,450 $ 376,100 $128,000 $ 74,500 $ 51,400 96,000 101,750 83,200 163,000 163,000 163,000 133,800 $520,800 107,200 78,500 $446,450 $ 376,100 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Yr 1 Yr Ago $ 755,000 $ 630,000 $460,550 234,050 12,200 9,400 $ 396,900 151,200 12,600 8,900 716,200 569.600 $ 38,800 $ 60,400 $ $ 1-a. ROA 1-b Did ROA improve or worsen in the Current Year versus 1 Year Ago? 2-a. ROE 2-b Did ROE improve or worsen in the Current Year versus 1 Year Ago? 3-a Profit margin ratio. 3-b Did profit margin improve or worsen in the Current Year versus 1 Year Ago? 4. If the company currently has 16,000 shares of common stock outstanding, what are earnings per share? 5. If the stock currently sells for $30.70 per share, what is the price-earnings ratio?
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