(Click the icon to view the additional Comparative financial statement data of Hanfield, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the balance sheet) Read the requirements Now, compute the debt to equity ratios for 2018 and 2017. (Round your answers to two decimal places, XXX) Debt to equity ratio 2018 1.52 2017 1.63 Requirement 1g. Compute the rate of return on common stockholders' equity for 2018 and 2017 Begin by selecting the formula to compute the rate of return on common stockholders' equilty, Rate of return on common stockholders equity (Not Income . Preferred dividends) - Average common stockholder's equity Now, compute the rate of return on common stockholders' equity for 2018 and 2017 (Round your answers to one tenth of a percent, XX%) Rate of return on common stockholders' equity 2018 36.8% 25.0 2017 Requirementih. Compute the comings por share of common stock for 2018 and 2017 Begin by selecting the formula to compute the samnings per share of common stock Earnings per share Question 5, P15-27A (si... Part 15 of 20 mework: Chapter 15 Homework (Click the icon to view Financial statement data of Hanfield, Inc. follow. icon to view the income statement.) icon to view Debt to equity ratio 1.63 arn on commor Average merchandise inventory + Net sales revenue e the debt to (Cash + Cash equivalents) - Total current liabilities 1.52 (Cash + Accounts receivable, net) - Total current liabilities Cost of goods sold + Average merchandise inventory at 1g. Comput Gross profit + Net sales revenue Hecting the for Market price per share of common stock + Earnings per share s'equity (Net Income + Income tax expense + Interest expense) - Interest expense mute the rate of (Net income - Preferred dividends) + Average common stockholder's equity common sto (Net income - Preferred dividends) + Weighted average number of common shares outstanding equity Total current assets + Total current liabilities Total equity - Total liabilities selecting the for Total liabilities - Total equity Rate of re 36. 28 ent 1h. Comput per share Me Solve This DemoDocs Example Get More Help - NE unce Sheet 2018 2017 2016* Assets Current Assets: 90,000 Cash 119,000 $ 101,000 Accounts Receivables, Net 92,000 $ 110,000 143,000 13,000 210,000 Merchandise Inventory 161,000 10,000 Prepaid Expenses Total Current Assets 358,000 211,000 380,000 174,000 Property, Plant, and Equipment, Net $ 569,000 $ 554,000 $597,000 Total Assets Liabilities $ Total Current Liabilities 223,000 $ 120,000 243,000 100,000 Long-term Liabilities Total Liabilities 343,000 343,000 Stockholders' Equity Preferred Stock, 5% 102,000 102,000 Hanfield, Inc. follow: tatement she - X Re Income Statement for Hanfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 of retu Net Sales Revenue $ 460,000 $ 426,000 243,000 217,000 mpute Cost of Goods Sold Gross Profit 217,000 139,000 Het inco 209,000 137,000 72,000 13,000 78,000 comma Operating Expenses Income From Operations Interest Expense Income Before Income Tax perce 11,000 ers' 67,000 19,000 59,000 26,000 Income Tax Expense $ 48,000 $ 33,000 Net Income earnings pl compute Print Done DemoDocs Example Get More Help
