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Exercise 92 The following data is given: Cash Accounts rolvable (net) Inventortes Plant assets (net) 2010 366,000 90,500 90,500 384,500 149,000 60,500 109,000 323,000 Accounts
"Exercise 92 The following data is given: Cash Accounts rolvable (net) Inventortes Plant assets (net) 2010 366,000 90,500 90,500 384,500 149,000 60,500 109,000 323,000 Accounts payable Salartes and wages payable Bonds payable 89% Preferred stock, $40 par Common stock, $10 par Paid in capital in excess of par Retained eamings 55,500 9,500 70,000 100,000 120,000 85,000 191,500 38,500 5,000 70,500 100,000 90,000 70,000 167,500 Net credit sales Cost of goods sold Net income 940,000 705,000 91,000 Compute the following ratios: (Round answers to 2 decimal places 15.25.) (a) Acid-test ratio at 12/31/18 (b) Accounts receivable turnover in 2018 (c) Inventory turnover in 2018 (d) Profit margin on sales in 2018 (e) Return on common stock holders equity in 2018 Book value per share of common stock at Question Attempts: 0
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