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Financial statements for Rundle Company follow. RUNDLE COMPANY Balance Sheets As of December 3 1 Year 4 Year 3 Assets Current assets Cash $ 2
Financial statements for Rundle Company follow. RUNDLE COMPANY Balance Sheets As of December Year Year Assets Current assets Cash $ $ Marketable securities Accounts receivable net Inventories Prepaid items Total current assets Investments Plant net Land Total assets $ $ Liabilities and Stockholders Equity Liabilities Current liabilities Notes payable $ $ Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders equity Preferred stock, par value $ cumulative, nonparticipating; shares authorized and issued Common stock no par; shares authorized; shares issued Retained earnings Total stockholders equity Total liabilities and stockholders equity $ $ RUNDLE COMPANY Statements of Income and Retained Earnings For the Years Ended December Year Year Revenues Sales net $ $ Other revenues Total revenues Expenses Cost of goods sold Selling, general, and administrative Interest expense Income tax expense Total expenses Net earnings net income Retained earnings, January Less: Preferred stock dividends Common stock dividends Retained earnings, December $ $ j Number of times interest was earned. Round your answers to decimal places. k Plant assets to longterm debt. Round your answers to decimal places. l Net margin. Round your answers to decimal places. m Turnover of assets average total assets in Year is $Round your answers to decimal places. n Return on investment average total assets in Year is $Round your answers to decimal places. o Return on equity average stockholders' equity in Year is $Round your answers to decimal places. p Earnings per share total shares outstanding is unchangedRound your answers to decimal places. q Book value per share of common stock. Round your answers to decimal places. r Priceearnings ratio market price per share: Year $; Year $Round your intermediate calculations and final answer to decimal places. s Dividend yield on common stock. Round your answers to decimal places.
Financial statements for Rundle Company follow.
RUNDLE COMPANY
Balance Sheets
As of December
Year Year
Assets
Current assets
Cash $ $
Marketable securities
Accounts receivable net
Inventories
Prepaid items
Total current assets
Investments
Plant net
Land
Total assets $ $
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Notes payable $ $
Accounts payable
Salaries payable
Total current liabilities
Noncurrent liabilities
Bonds payable
Other
Total noncurrent liabilities
Total liabilities
Stockholders equity
Preferred stock, par value $ cumulative, nonparticipating;
shares authorized and issued
Common stock no par; shares authorized; shares issued
Retained earnings
Total stockholders equity
Total liabilities and stockholders equity $ $
RUNDLE COMPANY
Statements of Income and Retained Earnings
For the Years Ended December
Year Year
Revenues
Sales net $ $
Other revenues
Total revenues
Expenses
Cost of goods sold
Selling, general, and administrative
Interest expense
Income tax expense
Total expenses
Net earnings net income
Retained earnings, January
Less: Preferred stock dividends
Common stock dividends
Retained earnings, December $ $
j Number of times interest was earned. Round your answers to decimal places.
k Plant assets to longterm debt. Round your answers to decimal places.
l Net margin. Round your answers to decimal places.
m Turnover of assets average total assets in Year is $Round your answers to decimal places.
n Return on investment average total assets in Year is $Round your answers to decimal places.
o Return on equity average stockholders' equity in Year is $Round your answers to decimal places.
p Earnings per share total shares outstanding is unchangedRound your answers to decimal places.
q Book value per share of common stock. Round your answers to decimal places.
r Priceearnings ratio market price per share: Year $; Year $Round your intermediate calculations and final answer to decimal places.
s Dividend yield on common stock. Round your answers to decimal places.
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