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can you please answer questions 9-13. Thank you, please show your work Using the following information find the ratios listed: Hamilton Company Comparative Balance Sheets
can you please answer questions 9-13. Thank you, please show your work
Using the following information find the ratios listed:
Hamilton Company | |||
Comparative Balance Sheets | |||
December 31, 2018 and December 31, 2019 | |||
Assets | 2018 | 2019 | Difference |
Cash | 15,000 | 47,000 | 32,000 |
Accounts Receivable | 55,000 | 47,000 | (8,000) |
Inventory | 110,000 | 144,000 | 34,000 |
Prepaid Expenses | 5,000 | 1,000 | (4,000) |
Long term investments | 127,000 | 115,000 | (12,000) |
Land | 55,000 | 55,000 | - |
Building | 450,000 | 660,000 | 210,000 |
Accumulated Depr - Building | (68,000) | (103,000) | (35,000) |
Total Assets | 749,000 | 966,000 | 217,000 |
Liabilities & Stockholder's Equity | |||
Accounts Payable | 43,000 | 50,000 | 7,000 |
Income Tax Payable | 5,000 | 3,000 | (2,000) |
Accrued Liabilities | 9,000 | 12,000 | 3,000 |
Bonds Payable | 245,000 | 295,000 | 50,000 |
Common Stock $5 par value | 200,000 | 276,000 | 76,000 |
Additional paid in capital | 115,000 | 214,000 | 99,000 |
Retained Earnings | 132,000 | 116,000 | (16,000) |
Total Liabilities & S/E | 749,000 | 966,000 | 217,000 |
Sales | 225,000 |
Cost of Goods Sold | 120,000 |
Gross Profit | 105,000 |
Operating Expense | 70,000 |
Income before interest | 35,000 |
Interest | 12,000 |
Income before Taxes | 23,000 |
Taxes | 7,000 |
Net Income | 16,000 |
Dividends Paid $13,800 |
Market price of stock $12 |
Find the following ratios for 2015: |
1. Current Ratio |
2. Quick Ratio |
3. Accounts Receivable Turnover |
4. Days to Collect |
5. Inventory Turnover |
6. Days on hand |
7. Payable Turnover |
8. Days to pay |
9. Debt to Equity Ratio |
10. Number of times interest Earned |
11. Profit Margin |
12. Assets Turnover |
13. Return on Assets |
14. Return on Equity |
15. Earnings per Share |
16. Price/Earnings Ratio |
17. Dividend Yield |
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