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Calculate the following financial ratios for year 2013: (1) Current ratio, (2) Quick ratio, (3) Debt-to-total assets ratio, (4) Earnings-per-share (EPS) (5) Market capitalization. Weaver
Calculate the following financial ratios for year 2013:
(1) Current ratio,
(2) Quick ratio,
(3) Debt-to-total assets ratio,
(4) Earnings-per-share (EPS)
(5) Market capitalization.
Weaver Corporation's stock is selling for $16 per share. Weaver provided the following financial statements. Use these statements to prepare comprehensive ratio analysis tables similar to those illustrated in the chapter. WEAVER CORPORATION Comparative Balance Sheet December 31, 20X3 and 20X2 ASSETS 20X3 20X2 Current assets Cash 500,000 370,000 350,000 290,000 Accounts receivable 90,000 110,000 Inventories 940,000 770,000 Total current assets Property, plant & equip Land 200,000 200,000 650,000 650,000 Building 950.000 900.000 Equipment 1,800,000 1,750,000 Less: Accumulated depreciation 65.000 325,000 1,435.000 1,425,000 Total property, plant & equipment 2,375,000 2,195,000 Total assets LIABILITIES Current liabilities Accounts payable 160,000 200,000 Interest payable 0.000 0.000 Total current liabilities 200,000 230,000 Long-term liabilities 700,000 800,000 Long-term note payable 1,000,000 930,000 Total liabilities STOCKHOLDERS' EQUITY Common stock ($0.50 par) 100,000 100,000 Paid-in capital in excess of par 655,000 655,000 620.000 510,000 Retained earnings 1,375.000 1,265,000 Total stockholders' equity 2,375,000 2,195,000 Total Liabilities and equity
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