Comparative financial statement data of Teague Optical Mart tol ow EEB (Clck on the icon to views the income statements.) Ell (Cick on the icon to view the balance sheets) Read th reguiremonis. siock: $45.99 a December 31, 201B, and $43.92 at December 31, 2017 6 Requirements ing 2018 and 17,c00 during 2017 2018 and $0.85 in 2017 1. 2018 ( 2017( K. Price-eamings raDo Select the formula and then erer the amounts to calculare the pnce-eanings (PIE)n Calculate the following ratios for 2018 and 2017: a. Current ratio b. Quick (acid-tesf ratio G. Receivables tumover and days' sales ouslanding (DSOund to the nearest whole day d. Inventory turnower and days' inventory outanding (DIO)aund to the tos to the nearest whale number, X.) nearest whole day e. Accounts payable turnower and days' payable outstanding (DPO use cast of goods sold in the numerator of the turnower ratio and raund DPO 2018 2017 Requirement 2. a. Decide whether Teague Optical Mert's finencial positon improved o The company's financial position Requirement 2. b. Decide whether the investment attractveness ot the company's c The common stock's attractiveness Requirement 3. How will what you leemed in this problem he p you evaluate an inves This problem gives you practice in computing and evaluating several ot the ratios used to the nearest whole day t. Cash comversion cycle (in days h. Reurn on asseis use DuPent Analysis i. Return on common stockholders' equity use DuPont Analysis , Earnings per share of oommon stock k. Pric-earings ratio during 2018 as shawn by the 2. Decide whether (a Teage Optical Marts finaricial postion improved or during 2018, as shown by the rabo deteriorated during 2018 and (b) the innes ment attractiveness of the companys common stock appears to have increased or decreased from 2017 to 2018 3. Howi will what you learned in this problem help you evaluate an inwestment? whether the company's anilities to have improwed or deteriorated d T ratio values usually signal an unattractive iestment Pnnt Done Chaose from any list or enter any number in the input fields and then continue to Data Table Teague Optical Mart Comparative Balance Sheets December 31, 2018 and 2017 2018 2017 2016* Current assets: Cash Current receivables, net Inventories Prepaid expenses $ 40,000$ 60,000 216,000 150,000 $ 135,000 292,000 289,000 182,000 26,000 552,000 525,000 289,000 277,000 $ 841,000 $ 802,000 4,000 Total current assets Property, plant, and equipment, net Total assets 707,000 Accounts payable Other current liabilties Total current liabilities Long-term liabilities Total liabilities $ 110,000 $ 96,000 112,000 134,000 176,000 244,000 272,000 246,000 239,000 490,000 511,000 Print Done Comparative financial statement data of Teague Optical Mart follow: EEB (Click on the icon to view the income statements.) EEB (Click on the icon to view the balance sheets.) Read theaquirements Other information Market price of Ootical Maurt common stock: $45.99 aDmber 31, 2018, and S43.92 aDember 21, 2017 during 2012 and 17,000 during 2017 Data Table 05 in 2018 and $0.85 in 2017 Requirement 1. Calculate the ratios for 2018 and 2017. (Abbreviations used: Ag average a. Current ratio Select the formu and then enter the amounts to calclate the current radio for 2018 and 201 Teague Optical Mart Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 2017 Current ra Net sales Cost of goods sold Gross protit Operating expenses Income from operations Interest expense Income belore income tax Income tax expense Net incomie $675,0C0 601,000 379,000 274,0DO 296,000 327,000 148,0D0 70,0C0 179,00 43,000 131,00 136,0DO 53,000 92,0003,000 2018 2017 b. Quirk (acd test) ratio Select the formula and then enter the amounts to calculale the quick (acid test) ratio for 201 126,0001 39,000 2013 2017 c. Receivab es turnover and days' sales oustanding (DSO-round to the nearest whole day Begin by selecting the formula and then enter the amounts to cakculate recevables turnover 39,000 Print Done 2018 Choose from any list or enter any number in the input fields and then continue to the next question. EEB (Click on the icon to view the income statements.) (Click on the icon to view the balance sheets.) Read the requirements 1. Market price of Teague Optical Mart ca 2. Common shares outstanding: 18,000 d 3. All sales on credit 4. Cash dividends paid per share: $1.05 i Requirement 1. Calculate the ratios for 2018 and 2017. (Abbreviations used: Avg average and o/soutstanding.) a. Current ratio Select the formula and then enter the amounts to calculate the current ratio for 2018 and 2017. (Round the ratios to two decimal places, X.XXx.) Current ratio 2018 2017 b. Quick (acid-test) ratio Select the formula and then enter the amounts to calculate the quick (acid-test) ratio for 2018 and 2017. (Round the ratios to two decimal places, X.xx.) - Quick (acid-test) ratio 2018 ( 2017 ( c. Receivables turnover and days sales oustanding (DSO round to the nearest whole day Begin by selecting the formula and then enter the amounts to calculate receivables turnover for 2018 and 2017. (Round the ratios to two decimal places, X.XX.) Accounts receivable turnover 2018 Choose from any list or enter any number in the input fields and then continue to the next question Comparative financial statement data of Teague Optical Mart follow. (Click on the icon to view the income statements.) EEB Click on the icon to view the balance sheets.) Read the requirements Begin by selecting the formula and then enter the amounts to cakculate receivables turnover for 2018 and 2017. (Round the ratios to two decimal places, X.XX.) Other information: 1. Market price of Teague Optical Mart common stock: $45.99 at December 31, 2018 2. Common shares outstanding: 18.000 during 2018 and 17,000 during 2017 3. All sales on credit 4. Cash dividends paid per share: $1.05 in 2018 and $0.85 in 2017 Accounts receivable turnover Now select the formula and enter the amounts to calculate days sales oustanding (DSO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.xx. Use a 365-day year and round teh DSO Days' sales outstanding (DSo) 2017 d. Inventory turnover and days' inventory outanding (DIO)-round to the nearest whole day Begin by selecting the formula and then enter the amounts to calculate the inventory turnover for 2018 and 201. Round the ratio s two decimal places. Inventory turnover 2017 Now select the formula and enter the amounts to calculate days inventory outanding (DIO) (round to the nearest whole day). (Enter any interim computations to two decimal places, x.xx. Use a 365-day year and round teh DIO Days' inventory outstanding (DIO) Inventory turnover 2018 2017 Now select the formula and enter the amounts to calculate days' inventory outanding (DIO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.XX. Use a 365-day year and round teh DIO Daysinventory outstanding (DIO) 2018 2017 e. Accounts payable turnover and days' payable outstanding (DPO)-use cost of goods sold in the numerator of the turnover ratio and round DPO to the nearest whole day Begin by selecting the formula and then enter the amounts to calculate the accounts payable turnover for 2018 and 2017. (Round the ratios to two decimal places, X.XX.) Accounts payable tumover 2018 2017 Now select the formula and enter the amounts to calculate days' payable outanding (DPO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.xX. Use a 365-day year and round teh DPO Days payable outstanding (DPO) 2018 Choose from any list or enter any number in the input fields and then continue to the next question. Now select the formula and enter the amounts to calculate days' payable outanding (DPO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.xx. Use a 365-day year and round teh DPO to Days payable outstanding (DPO) 2018 2017 f. Cash conversion cycle (in days) - Cash conversion cycle 2018 2017 Times-interes Select the formula and then enter the amounts to calculate the times-interest-earned ratio for 2018 and 2017. (Round the ratios to two decimal places, X.xx.) st-earned ratio Times-interest-earned ratio 2018 2017 . Return on assets-use DuPont Analysis Select the formula and then enter the amounts to calculate the return on assets (ROA) for 2018 and 2017. (Round percentages to the nearest one-tenth percent, X.x%, and other component ratios to three decimal places, X.XxX. analysis.) h. Return on assets-use DuPont Analysis Select the formula and then enter the amounts to calculate the return on assets (ROA) for 2018 and 2017, (Round percentages to the nearest one-tenth percent, X.X%, and other component ratios to three decimal places, X.XXX. analysis.) ROA 2018 2017 i. Return on common stockholders' equity-use DuPont Analysis Select the formula and then enter the amounts to calculate the return on common stockholders' equity (ROE) for 2018 and 2017. (Round percentages to the nearest one-tenth percent, X.X% and other component ratios to three de 6 X 96 6 X 96 expense in your analysis.) ROE 2018 1% 2017 Eamings per share al common stock Select the formula and then enter the amounts to calculate earnings per share (EPS) for 2018 and 2017. (Complete all answer boxes. For zero amounts, enter "O in the appropriate cell. Round EPS to the nearest cent, X.XX) EPS 2018( )I Choose from any list or enter any number in the input fields and then continue to the next question. j. Earnings per share of common stock Select the formula and then enter the amounts to calculate earnings per share (EPS) for 2018 and 2017. (Complete all answer boxes. For zero amounts, enter "0 in the appropriate cell. Round EPS to the nearest cent, X.XX.) EPS 2018 2017 k. Price-earnings ratio Select the formula and then enter the amounts to calculate the price-earnings (P/E) ratio for 2018 and 2017. (Enter component amounts to two decimal places, X.XX. Round the PIE ratios to the nearest whole number, X.) )I - PIE ratio 2018 2017 Requirement 2. a. Decide whether Teague Optical Mart's financial position improved or deteriorated during 2018. The company's financial position Requirement 2. b. Decide whether the investment attractiveness of the company's common stock appears to have increased or decreased from 2017 to 2018. The common stock's attractiveness Reauirement 3. How will what vou learned in this problem helo vou evaluate an investment? during 2018 as shown by the in the The common stocks asractiveness uring 218, s shown by thein the The price earnings ratio Choose from any list or enter any number in the input fields and then continue to the next question 2018 2017 ( K. Price-earnings ratio Select the formula and then enter the amcunts to cakcuilate the price-earnings (PlE) ratio for 2018 and 2017, (Ener component amounts to two decimal places, X.xx Round the PlE ratios to the nearest whole number, x) PIE ratio Requirement 2. a. Decide whether Teague Optical Marts financial position improved or deteriorated duning 2018 The compan's financial position Requirement 2. b. Decide whether the invesment attractiveness of the company's mmon stock appears to have increased or decreasea from 2017 to 2018. The common stock's attracivenes5 Requirement 3. How will what you learmed in this problem help you evaluate an investment? This problem gives you pracice in computing and evaluatng several ot the retios used in during 2018 as shoon by the in the during 201B, as shan by the in the The price-aarnings ratio By analyzing the tvo-year trends in the ratios, you can see whether the company's abities to have improved or deteriorared during this period rato values generlily irdicate an axtractive nvesment.and ratio values usually signal an unetractive investment. Comparative financial statement data of Teague Optical Mart tol ow EEB (Clck on the icon to views the income statements.) Ell (Cick on the icon to view the balance sheets) Read th reguiremonis. siock: $45.99 a December 31, 201B, and $43.92 at December 31, 2017 6 Requirements ing 2018 and 17,c00 during 2017 2018 and $0.85 in 2017 1. 2018 ( 2017( K. Price-eamings raDo Select the formula and then erer the amounts to calculare the pnce-eanings (PIE)n Calculate the following ratios for 2018 and 2017: a. Current ratio b. Quick (acid-tesf ratio G. Receivables tumover and days' sales ouslanding (DSOund to the nearest whole day d. Inventory turnower and days' inventory outanding (DIO)aund to the tos to the nearest whale number, X.) nearest whole day e. Accounts payable turnower and days' payable outstanding (DPO use cast of goods sold in the numerator of the turnower ratio and raund DPO 2018 2017 Requirement 2. a. Decide whether Teague Optical Mert's finencial positon improved o The company's financial position Requirement 2. b. Decide whether the investment attractveness ot the company's c The common stock's attractiveness Requirement 3. How will what you leemed in this problem he p you evaluate an inves This problem gives you practice in computing and evaluating several ot the ratios used to the nearest whole day t. Cash comversion cycle (in days h. Reurn on asseis use DuPent Analysis i. Return on common stockholders' equity use DuPont Analysis , Earnings per share of oommon stock k. Pric-earings ratio during 2018 as shawn by the 2. Decide whether (a Teage Optical Marts finaricial postion improved or during 2018, as shown by the rabo deteriorated during 2018 and (b) the innes ment attractiveness of the companys common stock appears to have increased or decreased from 2017 to 2018 3. Howi will what you learned in this problem help you evaluate an inwestment? whether the company's anilities to have improwed or deteriorated d T ratio values usually signal an unattractive iestment Pnnt Done Chaose from any list or enter any number in the input fields and then continue to Data Table Teague Optical Mart Comparative Balance Sheets December 31, 2018 and 2017 2018 2017 2016* Current assets: Cash Current receivables, net Inventories Prepaid expenses $ 40,000$ 60,000 216,000 150,000 $ 135,000 292,000 289,000 182,000 26,000 552,000 525,000 289,000 277,000 $ 841,000 $ 802,000 4,000 Total current assets Property, plant, and equipment, net Total assets 707,000 Accounts payable Other current liabilties Total current liabilities Long-term liabilities Total liabilities $ 110,000 $ 96,000 112,000 134,000 176,000 244,000 272,000 246,000 239,000 490,000 511,000 Print Done Comparative financial statement data of Teague Optical Mart follow: EEB (Click on the icon to view the income statements.) EEB (Click on the icon to view the balance sheets.) Read theaquirements Other information Market price of Ootical Maurt common stock: $45.99 aDmber 31, 2018, and S43.92 aDember 21, 2017 during 2012 and 17,000 during 2017 Data Table 05 in 2018 and $0.85 in 2017 Requirement 1. Calculate the ratios for 2018 and 2017. (Abbreviations used: Ag average a. Current ratio Select the formu and then enter the amounts to calclate the current radio for 2018 and 201 Teague Optical Mart Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 2017 Current ra Net sales Cost of goods sold Gross protit Operating expenses Income from operations Interest expense Income belore income tax Income tax expense Net incomie $675,0C0 601,000 379,000 274,0DO 296,000 327,000 148,0D0 70,0C0 179,00 43,000 131,00 136,0DO 53,000 92,0003,000 2018 2017 b. Quirk (acd test) ratio Select the formula and then enter the amounts to calculale the quick (acid test) ratio for 201 126,0001 39,000 2013 2017 c. Receivab es turnover and days' sales oustanding (DSO-round to the nearest whole day Begin by selecting the formula and then enter the amounts to cakculate recevables turnover 39,000 Print Done 2018 Choose from any list or enter any number in the input fields and then continue to the next question. EEB (Click on the icon to view the income statements.) (Click on the icon to view the balance sheets.) Read the requirements 1. Market price of Teague Optical Mart ca 2. Common shares outstanding: 18,000 d 3. All sales on credit 4. Cash dividends paid per share: $1.05 i Requirement 1. Calculate the ratios for 2018 and 2017. (Abbreviations used: Avg average and o/soutstanding.) a. Current ratio Select the formula and then enter the amounts to calculate the current ratio for 2018 and 2017. (Round the ratios to two decimal places, X.XXx.) Current ratio 2018 2017 b. Quick (acid-test) ratio Select the formula and then enter the amounts to calculate the quick (acid-test) ratio for 2018 and 2017. (Round the ratios to two decimal places, X.xx.) - Quick (acid-test) ratio 2018 ( 2017 ( c. Receivables turnover and days sales oustanding (DSO round to the nearest whole day Begin by selecting the formula and then enter the amounts to calculate receivables turnover for 2018 and 2017. (Round the ratios to two decimal places, X.XX.) Accounts receivable turnover 2018 Choose from any list or enter any number in the input fields and then continue to the next question Comparative financial statement data of Teague Optical Mart follow. (Click on the icon to view the income statements.) EEB Click on the icon to view the balance sheets.) Read the requirements Begin by selecting the formula and then enter the amounts to cakculate receivables turnover for 2018 and 2017. (Round the ratios to two decimal places, X.XX.) Other information: 1. Market price of Teague Optical Mart common stock: $45.99 at December 31, 2018 2. Common shares outstanding: 18.000 during 2018 and 17,000 during 2017 3. All sales on credit 4. Cash dividends paid per share: $1.05 in 2018 and $0.85 in 2017 Accounts receivable turnover Now select the formula and enter the amounts to calculate days sales oustanding (DSO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.xx. Use a 365-day year and round teh DSO Days' sales outstanding (DSo) 2017 d. Inventory turnover and days' inventory outanding (DIO)-round to the nearest whole day Begin by selecting the formula and then enter the amounts to calculate the inventory turnover for 2018 and 201. Round the ratio s two decimal places. Inventory turnover 2017 Now select the formula and enter the amounts to calculate days inventory outanding (DIO) (round to the nearest whole day). (Enter any interim computations to two decimal places, x.xx. Use a 365-day year and round teh DIO Days' inventory outstanding (DIO) Inventory turnover 2018 2017 Now select the formula and enter the amounts to calculate days' inventory outanding (DIO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.XX. Use a 365-day year and round teh DIO Daysinventory outstanding (DIO) 2018 2017 e. Accounts payable turnover and days' payable outstanding (DPO)-use cost of goods sold in the numerator of the turnover ratio and round DPO to the nearest whole day Begin by selecting the formula and then enter the amounts to calculate the accounts payable turnover for 2018 and 2017. (Round the ratios to two decimal places, X.XX.) Accounts payable tumover 2018 2017 Now select the formula and enter the amounts to calculate days' payable outanding (DPO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.xX. Use a 365-day year and round teh DPO Days payable outstanding (DPO) 2018 Choose from any list or enter any number in the input fields and then continue to the next question. Now select the formula and enter the amounts to calculate days' payable outanding (DPO) (round to the nearest whole day). (Enter any interim computations to two decimal places, X.xx. Use a 365-day year and round teh DPO to Days payable outstanding (DPO) 2018 2017 f. Cash conversion cycle (in days) - Cash conversion cycle 2018 2017 Times-interes Select the formula and then enter the amounts to calculate the times-interest-earned ratio for 2018 and 2017. (Round the ratios to two decimal places, X.xx.) st-earned ratio Times-interest-earned ratio 2018 2017 . Return on assets-use DuPont Analysis Select the formula and then enter the amounts to calculate the return on assets (ROA) for 2018 and 2017. (Round percentages to the nearest one-tenth percent, X.x%, and other component ratios to three decimal places, X.XxX. analysis.) h. Return on assets-use DuPont Analysis Select the formula and then enter the amounts to calculate the return on assets (ROA) for 2018 and 2017, (Round percentages to the nearest one-tenth percent, X.X%, and other component ratios to three decimal places, X.XXX. analysis.) ROA 2018 2017 i. Return on common stockholders' equity-use DuPont Analysis Select the formula and then enter the amounts to calculate the return on common stockholders' equity (ROE) for 2018 and 2017. (Round percentages to the nearest one-tenth percent, X.X% and other component ratios to three de 6 X 96 6 X 96 expense in your analysis.) ROE 2018 1% 2017 Eamings per share al common stock Select the formula and then enter the amounts to calculate earnings per share (EPS) for 2018 and 2017. (Complete all answer boxes. For zero amounts, enter "O in the appropriate cell. Round EPS to the nearest cent, X.XX) EPS 2018( )I Choose from any list or enter any number in the input fields and then continue to the next question. j. Earnings per share of common stock Select the formula and then enter the amounts to calculate earnings per share (EPS) for 2018 and 2017. (Complete all answer boxes. For zero amounts, enter "0 in the appropriate cell. Round EPS to the nearest cent, X.XX.) EPS 2018 2017 k. Price-earnings ratio Select the formula and then enter the amounts to calculate the price-earnings (P/E) ratio for 2018 and 2017. (Enter component amounts to two decimal places, X.XX. Round the PIE ratios to the nearest whole number, X.) )I - PIE ratio 2018 2017 Requirement 2. a. Decide whether Teague Optical Mart's financial position improved or deteriorated during 2018. The company's financial position Requirement 2. b. Decide whether the investment attractiveness of the company's common stock appears to have increased or decreased from 2017 to 2018. The common stock's attractiveness Reauirement 3. How will what vou learned in this problem helo vou evaluate an investment? during 2018 as shown by the in the The common stocks asractiveness uring 218, s shown by thein the The price earnings ratio Choose from any list or enter any number in the input fields and then continue to the next question 2018 2017 ( K. Price-earnings ratio Select the formula and then enter the amcunts to cakcuilate the price-earnings (PlE) ratio for 2018 and 2017, (Ener component amounts to two decimal places, X.xx Round the PlE ratios to the nearest whole number, x) PIE ratio Requirement 2. a. Decide whether Teague Optical Marts financial position improved or deteriorated duning 2018 The compan's financial position Requirement 2. b. Decide whether the invesment attractiveness of the company's mmon stock appears to have increased or decreasea from 2017 to 2018. The common stock's attracivenes5 Requirement 3. How will what you learmed in this problem help you evaluate an investment? This problem gives you pracice in computing and evaluatng several ot the retios used in during 2018 as shoon by the in the during 201B, as shan by the in the The price-aarnings ratio By analyzing the tvo-year trends in the ratios, you can see whether the company's abities to have improved or deteriorared during this period rato values generlily irdicate an axtractive nvesment.and ratio values usually signal an unetractive investment
