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I am needing help with numbers 10 through 16 on this problem. 4) Below you will find the financial statements for XYZ Company 2016 2015

I am needing help with numbers 10 through 16 on this problem. image text in transcribed
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4) Below you will find the financial statements for XYZ Company 2016 2015 Retained Famings Statement Beginning Retained Earnings $2,655,000 $2,400,000 Add. Net Income 300.000 280.000 Total 2.955.000 2.680.000 Less Dividends: On Preferred Stock 15,000 15,000 On Common Stock 10.000 10.000 Total 25.000 25.000 Ending Retained Earnings 2,930,000 2,655,000 2016 2015 Income Statement Sales Cost of Goods Sold Gross Profit Selling Expense Admin. Expense Total operating expense Income from operations Other income 1,200,000 500.000 700.000 240,000 180,000 420.000 280,000 166.000 446,000 66.000 380,000 80.000 300,000 1,000,000 475.000 525,000 200.000 150.000 350.000 175.000 225.000 400,000 60.000 340,000 60.000 280,000 Interest Expense Income before income tax Income tax expense Net Income 2016 2015 Balance Sheet Current Assets: Cash Marketable Securities Accounts receivable Inventories Prepaid Expenses Total current assets Long-term investments Property. Plant, and Equipment (net) Total Assets 450,000 300,000 130,000 67,000 153.000 1,100,000 2,350,000 1320.000 4,770,000 400,000 260,000 110,000 58,000 139.000 967,000 2,200,00 1.188.000 4,355,000 Current Liabilities 440,000 400.000 Long-term liabilities: Mortgage Note Payable, 8%, due 2021 Bonds payable, 5%, due 2017 Total long-term liabilities Total Liabilities 100,000 1.000.000 1.100.000 1,540,000 0.00 1.000.000 1.400.000 1,400.000 Stockholders' Equity Preferred, $0.75 stock, $10 par Common stock, $10 par Retained Earnings Total Stockholders equity Total Liabilities & stockholders equity 200,000 100,000 2.930.000 3.230.000 4,770,000 200,000 100,000 2.655.000 2.955.000 4,355,000 Instructions: Calculate the following ratios for 2016: (15 points) 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable 5. Number of days sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders equity 10. Number of times interest charges are earned 11. Number of times preferred dividends are earned 12. Ratio of sales to assets 13. Rate earned on total assets 14. Rate earned on stockholders equity 15. Earnings per share of common stock 16. Dividends per share of common stock

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