Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts):

1. Working Capital$2. Current ratio3. Quick ratio4. Accounts receivable turnover5. Number of days' sales in receivables6. Inventory turnover7. Number of days' sales in inventory8. Ratio of fixed assets to long-term liabilities9. Ratio of liabilities to stockholders' equity10. Times interest earned11. Asset turnover12. Return on total assets%13. Return on stockholders' equity%14. Return on common stockholders' equity%15. Earnings per share on common stock$16. Price-earnings ratio17. Dividends per share of common stock$18. Dividend yield%

Points:

11 / 18

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Check My Work1.Subtract current liabilities from current assets.2.Divide current assets by current liabilities.3.Divide quick assets by current liabilities. Quick assets are cash, temporary investments, and receivables.4.Divide sales by average accounts receivable. Average Accounts receivable = (Beginning Net Accounts Receivable + Ending Net Accounts Receivable) 2.5.Divide average accounts receivable by average daily sales. Average Accounts receivable = (Beginning Net Accounts Receivable + Ending Net Accounts Receivable) 2. Average daily sales are sales divided by 365 days.6.Divide cost of goods sold by average inventory. Average Inventory = (Beginning Inventories + Ending Inventories) 2.7.Divide average inventory by average daily cost of goods sold. Average Inventory = (Beginning Inventories + Ending Inventories) 2. Average daily cost of goods sold are cost of goods sold divided by 365 days.8.Divide property, plant and equipment (net) by long-term liabilities.9.Divide total liabilities by total stockholders' equity.10.Divide the sum of income before income tax plus interest expense by interest expense.11.Divide sales by average total assets, excluding long-term investments. Average total assets = (Beginning total assets + Ending total assets) 2.12.Divide the sum of net income plus interest expense by average total assets. Average total assets = (Beginning total assets + Ending total assets) 2.13.Divide net income by average total stockholders' equity. Average total stockholders' equity = (Beginning total stockholders' equity + Ending total stockholders' equity) 2.14.Divide net income minus preferred dividends from the retained earnings statement by average common stockholders' equity. Common stockholders' equity = Common stock + Retained earnings. Average common stockholders' equity = (Beginning common stockholders' equity + Ending common stockholders' equity) 2.15.Divide net income minus preferred dividends from the retained earnings statement by common shares outstanding (common stock par value).16.Divide common market share price by common earnings per share (use answer from requirement 15).17.Divide common dividends (from Retained Earnings Statement) by common shares outstanding (common stock par value).18.Divide common dividends per share (use answer from requirement 17) by market share price.