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Exercise 9-8A (Algo) Ratio analysis LO 9-2, 9-3 The balance sheet for Solomon Corporation follows: Required Compute the following. (Round Ratios to 1 decimal place.)
Exercise 9-8A (Algo) Ratio analysis LO 9-2, 9-3 The balance sheet for Solomon Corporation follows: Required Compute the following. (Round "Ratios" to 1 decimal place.) Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Finch Company for Year 3 : The avelage number of common stock shares outstanding during Year 3 was 860 shares. Net income for the year was $15.000. Required Compute each of the following: (Round your answer to 2 decimol places. For percentages, 0.2345 should be entered as 23.45. ) Problem 9-22A (Algo) Ratio analysis LO 9-3, 9-4, 9-5 Solomon Compary's income statement information follows: The average number of shares outstanding was 7,800 for Year 3 and 7,000 for Year 2 Required Compute the following ratios for Solomon for Year 3 and Year 2 a. Number of times interest was eamed. (Round your onswers to 2 decimol ploces.) b. Earnings per share based on the overage number of shares outstanding. (Round your answers to 2 decimol places.) c. Price-earnings ratio (market prices: Year 3,\$67 per share, Year 2, $76 per share). (Round your intermediate and final answers to 2. decimal ploces.) d. Return on average equity. (Round your percentage answers to 2 decimal places. (i.e., 0.2345 should be entered as 23.45 ).) e. Net margin. (Round your percentage onswers to 2 decimal ploces. (i.e., 0.2345 should be entered os 23.45 ).)
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