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Data from the current year's income statement Bain Cain Company Company Sales $ $ Data from the current year-end balance sheets Bain Cain Company Company
Data from the current year's income statement Bain Cain Company Company Sales $ $ Data from the current year-end balance sheets Bain Cain Company Company Assets Cash $ 18,500 $ 33,000 Accounts 44,500 62,600 receivable, net Merchandise 83,440 131,500 inventory Prepaid 4,000 5,950 expenses 660,000 485,100 780,200 532,500 Cost of goods sold Interest expense 6,900 11,000 12,800 19,300 Plant assets, net 284,000 303,400 Income tax expense Earnings available to common stockholders (Net income) Basic earnings per share 67,770 105,000 Total assets $ 434,440 $ 536,450 1.94 2.56 $ 60,340 79,800 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained eamings Total liabilities and equity 175,000 $ 92,300 100,000 205,000 139,150 $ 536,450 119,300 $ 434,440 Use the information given above to fill the following table. Bain Company Cain Company b. C. d. e. f. g h. 1- i. Ratio Current ratio Acid-test(Quick) ratio Accounts receivable turnover Inventory turnover Average age of inventory Average collection period Gross Profit Margin Operating Profit Margin Net Profit Margin Return on Assets
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