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Compute the rate of return on assets, profit margin on sales, earnings per share, price-earnings ratio, and current ratio for each of the 5 years
Compute the rate of return on assets, profit margin on sales, earnings per share, price-earnings ratio, and current ratio for each of the 5 years for Matheny Inc.
Problem 245 Matheny Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily through the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary of Matheny Inc. operations. ($000 omitted) 2013 Sales 2012 2011 2010 2009 $20,900 $16,130 $14,260 $6,090 $4,660 2,650 1,440 870 710 280 22,150 19,950 11,710 4,850 3,180 Current assets 8,590 7,550 3,270 1,890 1,500 Working capital 4,560 3,350 1,760 570 500 2,400 2,400 2,400 30 30 $9 $6 $3 Net income Average total assets Common shares: Number of shares outstanding (000) Average market price Compute the rate of return on assets, profit margin on sales, earnings per share, priceearnings ratio, and current ratio for each of the 5 years for Matheny Inc. (Round answers to 2 decimal places, e.g. 2.25.) 2013 Rate of return on assets % Profit margin on sales % Earnings per share $ Price earnings ratio times Current ratio times Click Open Show Work if you would like to Show Work for this questi 2012 2011 2010 2009 % % % % % % % % $ $ $ times times times times $ times times onStep by Step Solution
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