B is Earnings per share on common stock

Current Position Analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Previous Year Year Current assets: Cash $535,000 $448,000 Marketable securities 619,500 504,000 Accounts and notes 253,50D 158,000 receivable (net) Inventories 887,000 590,700 Prepaid expenses 457,000 271,300 Total current assets $2,752,000 $2,072,000 Qument liabilities: Accounts and notes payable (short-term) Accrued liabilities Total currerit liabilities $371,200 268,800 $640,000 $392,000 169,000 $550,000 a. Determine for each year (1) the working capital (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Previous Year Year 1. Working capital 2. Current ratio 3. Quick ratio b. The liquidity of Nila has from the preceding year to the current year. The working capital, current ratio, and quick ratio have all . Most of these changes are the result of an in current assets relative to current liabilities. Six Measures of Solvency or Profitability The following data were taken from the financial statements of Gates Inc. for the current fiscal year. $1,644,000 Property, plant, and equipment (net) Liabilities: $218,000 1,096,000 $1,314,000 Current liabilities Note payable, 6%, due in 15 years Total liabilities Stockholders' equity: Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: Balance, beginning of year $985,500 985,500 $1.052,000 Net income 481,000 $1,533,000 $19,710 199,290 219,000 Preferred dividends Common dividends Balance, end of year Total stockholders' equity 1,314,000 $3,285,000 Sales $23,765,200 Interest expense $65,760 Assuming that total assets were $4,369,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity c. Asset turnover d. Return on total assets e. Return on stockholders' equity f. Return on common stockholders' equity Five Measures of Solvency or Profitability The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Bonds payable, 6% Preferred $5 stock, $50 par Common stock, $6 par $2,000,000 153,000 137,700.00 Income before income tax was $288,000, and income taxes were $43,200 for the current year. Cash dividends paid on common stock during the current year totaled $68,850. The common stock was selling for $100 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio times D. TL The ratio of the market price per share of common stock, at a specific date, to the annual earnings per share. c. Price-earnings ratio d. Dividends per share of common stock e. Dividend yield %