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Financial ratios Shown below are some key figures from the balance sheets of Minuteman Gas Company for two successive years: December 31, 2018 December 31,
Financial ratios Shown below are some key figures from the balance sheets of Minuteman Gas Company for two successive years: December 31, 2018 December 31, 2017 Total Assets (of which 30% are current) 2,820,000 $ 2,220,000 Current Liabilities 336,000 $ 372,000 1,080,000 | S Bonds Payable (long term) Common Stock ($6 par value) 840,000 2$ 660,000 660,000 $ Retained Earnings 828,000 $ 480,000 Dividends of $96,000 were declared and paid in 2018. Compute the following: 2017 2018 Current Ratio at end of Year to 1 to 1 Working Capital at end of Year Debt Ratio at end of Year Earnings per share for 2018
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