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Determine the following measures for 20Y8. and final amounts to one decimal place. Assume there are 365 days in the year. AUTOMOTIVE SOLUTIONS INC. Comparative

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Determine the following measures for 20Y8. and final amounts to one decimal place. Assume there are 365 days in the year. AUTOMOTIVE SOLUTIONS INC. Comparative Balance Sheet December 31, 20Y8 and 20Y7 \begin{tabular}{|c|c|c|} \hline & Dec. 31, 20Y8 & Dec. 31,20Y7 \\ \hline Assets & & \\ \hline \multicolumn{3}{|l|}{ Current assets: } \\ \hline Cash & $1,025,950 & $978,490 \\ \hline Temporary investments & 1,552,790 & 1,621,510 \\ \hline Accounts receivable (net) & 1,036,600 & 970,900 \\ \hline Inventories & 773,800 & 598,600 \\ \hline Prepaid expenses & 194,102 & 195,700 \\ \hline Total current assets & $4,583,242 & $4,365,200 \\ \hline Long-term investments & 2,252,646 & 782,639 \\ \hline Property, plant, and equipment (net) & 6,110,000 & 5,499,000 \\ \hline Total assets & $12,945,888 & $10,646,839 \\ \hline \multicolumn{3}{|l|}{ Liabilities } \\ \hline Current liabilities & $1,432,263 & $2,070,464 \\ \hline \multicolumn{3}{|l|}{ Long-term liabilities: } \\ \hline Mortgage note payable, 8%, due in 15 years & $2,110,000 & $0 \\ \hline Bonds payable, 8%, due in 20 years & 2,590,000 & 2,590,000 \\ \hline Total long-term liabilities & $4,700,000 & $2,590,000 \\ \hline Total liabilities & $6,132,263 & $4,660,464 \\ \hline \end{tabular} AUTOMOTIVE SOLUTIONS INC. Comparative Statement of Stockholders' Equity For the Years Ended December 31, 20 Y8 and 20Y7 Twenty metrics of liquidity, Solvency, and Profitability The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $54 on December 31,20Y8. AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement For the Years Ended December 31, 20Y8 and 20Y7 and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Days' sales in receivables 6. Inventory turnover 7. Days' sales in inventory 8. Debt ratio 9. Ratio of liabilities to stockholders' equity 10. Ratio of fixed assets to long-term liabilities 11. Times interest earned 12. Times preferred dividends earned 13. Asset turnover 14. Return on total assets 15. Return on stockholders' equity 16. Return on common stockholders' equity 17. Earnings per share on common stock 18. Price-earnings ratio 19. Dividends per share of common stock 20. Dividend yield days days % times times % % % $

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