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Compute the affected ratio based on the image X + dugen.wileyplus.com/edugen/Iti/main.uni Imported From Fire.. Return to Blackboard S Weygandt, Accounting Principles, 13e Help | System

Compute the affected ratio based on the image

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X + dugen.wileyplus.com/edugen/Iti/main.uni Imported From Fire.. Return to Blackboard S Weygandt, Accounting Principles, 13e Help | System Announcements CALCULATOR PRINTER VERSION BACK NEXT LINK TO TEXT The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2020, and (2) as of December 31, 2021, after giving effect to the situation. (Round debt to assets ratio to 0 decimal places, e.g. 15% and other answers to 1 decimal place, e.g. 6.8 or 6.8%.) Situation Ratio (1) 23,760 shares of common stock were sold at par on July 1, 2021. Net income for 2021 was $71,280. Return on common stockholders equity (2) All of the notes payable were paid in 2021. All other liabilities remained at their December 31, 2020, levels. At December 31, 2021, total Debt to assets ratio assets were $1, 188,000. (3) The market price of common stock was $12 and $16 on December 31, 2020 and 2021, respectively. Net income for 2021 was $71,280. Price-earnings ratio 2020 2021 Return on common stockholders' equity /% Debt to assets ratio Price-earnings ratio times times LINK TO TEXT Question Attempts: Unlimited SAVE FOR LATER SUBMIT ANSWER O 2:44 PM here to search 9/12/2020 6 0 14 10 11 prt sc delet home end pg % & hum 3 5 9 backspace lock

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