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Compute the ratios: Total asset turnover ratio Fixed asset turnover ratio Accounts receivable turnover ratio Inventory turnover ratio Times interest earned ratio Dividend yield ratio

Compute the ratios:

Total asset turnover ratio

Fixed asset turnover ratio

Accounts receivable turnover ratio

Inventory turnover ratio

Times interest earned ratio

Dividend yield ratio

2015

2014

Income Statement

Sales revenue

190,000

167,000

Cost of goods sold

112,000

100,000

Gross profit

78,000

67,000

Operating expenses and interest expenses

56,000

53,000

Pretax income

22,000

14,000

Income tax

8,000

4,000

Net income

14,000

10,000

Balance Sheet

Cash

4,000

7,000

Accounts receivable (net)

14,000

18,000

Inventory

40,000

34,000

Operational assets (net)

45,000

38,000

Total assets

103,000

97,000

Current liabilities (no interest)

16,000

17,000

Long-term liabilities (10% interest)

45,000

45,000

Common stock (par $5)

30,000

30,000

Retained earnings

12,000

5,000

Total Liabilities and Stockholders Equity

103,000

97,000

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