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Ferguson Glove Company reported the following data in its financial statements for 2020: Current liabilities $30,000 Interest expense... $5,000 Long-term liabilities.20,000 Income tax expense.. 10,000
Ferguson Glove Company reported the following data in its financial statements for 2020: Current liabilities $30,000 Interest expense... $5,000 Long-term liabilities.20,000 Income tax expense.. 10,000 Stockholders' equity...... 150,000 Net Income... 25,000 5,000 shares of stock are issued & outstanding. The market price of the stock is $75. Compute the following: Debt to total assets ratio Return on assets ratio Times interest earned ratio I Earnings per share Price-earnings ratio
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