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Chapter 15 252 PROBLEM 15-3 ur Inc. declared $250,000 of common stock dividends during 2015. The f Voyageur's common stock on December 31, 2015, is
Chapter 15 252 PROBLEM 15-3 ur Inc. declared $250,000 of common stock dividends during 2015. The f Voyageur's common stock on December 31, 2015, is $29.75 Voyageur Instructions: the following Using the da ta for Voyageur Inc. from Problem 15-2, determine ing amounts and ratios for 2015. (Round all ratios to one decimal point.) Calculation Final Result a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover Number of days' sales in receivables e. f. Inventory turnover Number of days' sales in nventory g. Ratio of fixed assets to long-term liabilities h. Ratio of liabilities to stockholders' equity i. Chapter 15 253 Vame Calculation Final Result j. Numberof times interest charges earned Number of times preferred dividends earned k. I. Ratio of net sales to assets m. Rate earned on total assets Rate earned on stockholders' equity n. Rate earned on common stockholders' equity o. Earnings per share on common stock p. q. Price-earnings ratio Dividends per share of common stock r. s. Dividend yield Chapter 15 252 PROBLEM 15-3 ur Inc. declared $250,000 of common stock dividends during 2015. The f Voyageur's common stock on December 31, 2015, is $29.75 Voyageur Instructions: the following Using the da ta for Voyageur Inc. from Problem 15-2, determine ing amounts and ratios for 2015. (Round all ratios to one decimal point.) Calculation Final Result a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover Number of days' sales in receivables e. f. Inventory turnover Number of days' sales in nventory g. Ratio of fixed assets to long-term liabilities h. Ratio of liabilities to stockholders' equity i. Chapter 15 253 Vame Calculation Final Result j. Numberof times interest charges earned Number of times preferred dividends earned k. I. Ratio of net sales to assets m. Rate earned on total assets Rate earned on stockholders' equity n. Rate earned on common stockholders' equity o. Earnings per share on common stock p. q. Price-earnings ratio Dividends per share of common stock r. s. Dividend yield
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