Condensed data taken from the balance sheet at the end of the current year are as follows:

Assots

Cash.

Marketable securttles

Accounts recelvable

Merchandise inventory

Prepald expenses

Plant assets $($net$)$

$ $150,000$

$75,000$

$275,000$

$225,000$

$25,000$

$1,250,000$

Llabilities and Stockholders' Equity

Account payable

$ $380,000$

Notes payable $($short$-$term, non$-$interest$-$bearing$)$

Accrued liabilitles

Bonds payable, $10\%,$ due $2003.$

Preferred $9\%$ stock, $$50$ par

Common stock, $$20$ par.

Pald$-$In capltal in excess of par$-$common stock

Retalned earnings.

$100,000$

$20,000$

$500,000$

$200,000$

$500,000$

$40,000$

$260,000$

Selected data related to the $12$ months of the current year indicate the following:

Average accounts recelvable.

Average common stockholders' s$$ity

Average stockholders' equity.

Average total assets

Cash dividends paid on common stock

Income before Income tax.

Interest expense

Net income.

Net sales $($on account$)$

$ $250,000$

$750,000$

$950,000$

$1,950,000$

$75,000$

$152,500$

$50,000$

$120,000$

$1,875,000$

The common stock was selling for $$51$ per share at the end of the current year.

INSTRUCTIONS: Compute the analytical measures listed below, rounding to one decimal point, and insert answers In the Answers column.

$\backslash$table$[[0.,$Ratio of plant assets to long$-$term llabllities $...................,$Answers,$\backslash$table$[[$For$],[$Scoring$]]],[2\mathrm{.}5$:$1,0.],[1.,,,1.],[2.,,,2.],[3.,,s,3.],[4.,$Accounte recelvable turnover. $...........................,,4.],[5.,$Rale earned on total assets $............................,,5.],[6.,$Rate earned on common stockholders' equity $...................,,6.],[7.,$Number of times proferred dividends were earned $................,,7.],[8.,,$$$,8.],[9.,,,9.],[10.,$Dividend yleld on common stock $..........................,,10.\_]]$