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From the following information, compute the ratios indicated and place the proper numbers in the spaces provided. Assume the average for the year is the
From the following information, compute the ratios indicated and place the proper numbers in the spaces provided. Assume the average for the year is the same as the ending balances for the balance sheet accounts. Round answers to one decimal place, and show your work.
Westwood had 4,000 shares of common stock issued and outstanding. The market price of common stock at year end was $15.00 per share. Dividends paid in 2010 were $0.60 per share.
\begin{tabular}{|l|l|l|} \hline Current ratio & Asset tumover & \\ \hline Quick ratio & Return on assets & \\ \hline Receivable turnover & Return on equity & \\ \hline Days' sales uncollected & Debt to equity ratio & \\ \hline Inventory turnover & Interest coverage ratio & \\ \hline Profit margin & Days' inventary on hand & \\ \hline Dividendsyield & Price/earnings (P/E) ratio & \\ \hline \end{tabular}Step by Step Solution
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