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Financial Statement Analysis Assignment ABC Co paid a common stock dividend of $ .55 per share and its common stock sold for $2.75 at the

Financial Statement Analysis Assignment

ABC Co paid a common stock dividend of $ .55 per share and its common stock sold for $2.75 at the end of this year. Below are data excerpted from its financial statements
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\begin{tabular}{lrr} & Ending Balance & Beginning Balance \\ Cash & $35,000 & $30,000 \\ Accounts receivable & $60,000 & $50,000 \\ Inventory & $55,000 & $60,000 \\ Current assets & $150,000 & $140,000 \\ Total assets & $450,000 & $460,000 \\ Current liabilities & $60,000 & $40,000 \\ Total liabilities & $130,000 & $120,000 \\ Common stock, $1 par value & $120,000 & $120,000 \\ Total stockholders' equity & $320,000 & $340,000 \\ Total liabilities and stockholders' equity & $450,000 & $460,000 \\ \hline Sales (all on account) & This Year & \\ Cost of goods sold & $700,000 & \\ Gross margin & $400,000 & \\ Net operating income & $300,000 & \\ Net income & $140,000 & \\ \hline & $8,000 & \\ \hline \end{tabular} Required: 1. What is the earnings per share? 2. What is the price-earnings ratio? 3. What is the dividend payout ratio and the dividend yield ratio? 4. What is the return on total assets (assuming a 30% tax rate)? 5 . What is the return on equity? 6. What is the book value per share at the end of this year? 7. What is the amount of working capital and the current ratio at the end of this year? 8. What is the acid-test ratio at the end of this year? 9. What is the accounts receivable turnover and the average collection period? 10. What is the inventory turnover and the average sale period? 11. What is the company's operating cycle? 12. What is the total asset turnover? 13. What is the times interest earned ratio? 14. What is the debt-to-equity ratio at the end of this year? 15. What is the equity multiplier

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