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Condensed balance sheet and income statement data for Riverbed Corporation are presented here. RIVERBED CORPORATION Balance Sheets December 31 2017 2016 2015 Cash Accounts receivable
Condensed balance sheet and income statement data for Riverbed Corporation are presented here. RIVERBED CORPORATION Balance Sheets December 31 2017 2016 2015 Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) $33,00023,000 21,000 48,000 100,000 75,000 370,000 $741,000$616,000$549,000 $88,000$83,000 73,000 53,000 95,000 60,000 500,000 51,000 69,000 50,000 358,000 Current liabilities Long-term debt Common stock, $10 par Retained earnings 90,000 315,000 128,000 $741,000$616,000$549,000 150,000 325,000 178,000 55,000 305,000 116,000 RIVERBED CORPORATION Income Statements For the Years Ended December 31 2017 2016 Sales revenue Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses (including income taxes) Net income $745,000 605,000 33,000 572,000 430,000 355,000 272,000 217,000o 153,000 $ 89,000$64,000 43,000 702,000 183,000 Additional information 1. The market price of Riverbed's common stock was s7.00, $7.50, and $8.50 for 2015, 2016, and 2017, respectively. 2. You must compute dividends paid. All dividends were paid in cash. (a) Compute the following ratios for 2016 and 2017. (Round earnings per share and asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 declmal place, e.g. 1.8 or 1.8%.) 2017 2016 Profit margin Gross profit rate Asset turnover times times Earnings per share Price-earnings ratio Payout ratio Debt to assets ratio times imes
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