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Compute Ilquidity and profitability ratlos, and indicate the percentage change in liquidity and profitability ratios of Cullumber Company from 2 0 2 4 to 2
Compute Ilquidity and profitability ratlos, and indicate the percentage change in liquidity and profitability ratios of Cullumber
Company from to Note: Not all profitabllity ratios can be computed, nor can cashbasls ratlos be computed.Round
Curent ratio, Asset turnover and Earnings per share to decimal places, eg Round $ change to decimal places, for eg Round
all other answers to decimal place, eg If change is a decrease show the numbers as negative, eg or
Earnings pershare $
eTextbook and Media
The following are three independent sltuations and a ratlo that may be affected. For each sltuation, compute the affected ratio
of December and as of December and percentage change in each ratlo after glving effect to the
sttuation. Round Debt to assets ratio to decimal places, eg and round all other answers to decimal place & intermediate
calculation to two decimal places wherever required, eg Round change to decimal places, for eg and if change is a
decrease show the numbers as negative, eg or
Situation
shares of common stock were sold at par on July Net
income for was $ and there were no dlvildends.
All of the notes payable were pald in All other llabilitles remained at
thelr December levels. Total assets on December were
$
The market price of common stock was $ and $ on December
and respectlvely. Net Income for was $Use a simple
average calculation for EPS.
Ratlo
Return on common stockholders' equlty
Debt to assets ratlo
Prlceearnings ratio
Priceearnings ratio
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