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I. The following data are taken from the financial Lo g-term Isabilities, 12% Preferred 10% sto Retained eamin 230,000 160,000 5,000 Preferred dividends Determine for

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I. The following data are taken from the financial Lo g-term Isabilities, 12% Preferred 10% sto Retained eamin 230,000 160,000 5,000 Preferred dividends Determine for the current year the (a) rate earned on total assets, (b) rate earned on stockholders' equity, (c) rate e common stockholders' equity, (d) earnings per share on common stock, (e) price-earnings ratio on common stock, and yield on common stock. The current market price per share of common stock is $25. Round percentage values to one decimal place, dollar values to two decimal places, and other ratios to one decimal 2 The balance sheet for Seuss Company at the end of the current fiscal year indicated the following: nds nayable, 10%% (20-year term) 55,000,000 ommon stock, S10 2,000,000 Income before income tax was $1,500,000 and income taxes were $200,000 for the current year. Cash dividends paid on common stock during the current year t S150,000. The common stock sells for $70 per share at the end of the year. otaled Determine each of the following: )Number of times interest charges are earned ings per share on common stock o) Price-earnings ratio d Dividends per share of common stock e) Dividend yield Round to one decimal place except earnings per share and dividends per share, which should be rounded to two decimal places. 3. The following information was taken from Slater Company's balance sheet: 250,000 500,000 672,000 Total stockholders' equity 1,680,000 ixed assets -term liabilities Total liabilities Determine the company's (a) ratio of fixed assets to long-term liabilities, and (b) ratio of liabilities to stockholders equity. Round your answer to one decimal place. . A company reports the following Cost of goods sold Average inventory S610,000 80,000 Determine the (a) inventory turnover, and (b) number of days' sales i decimal place. Round your answer to one n inventory. s. A company reports the following: Sales S1,200,000 Average accounts receivable (net 50,000 Determine the (a) accounts receivable turnover, and (b) number of days' sales in receivables. Round one decimal place your answer to 6 The following items are reported on Denver Company's balance sheet ash Marketable securities 190,000 160,000 unts receivable (t 240,000 350,000 600,000 Inv Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. 1. The balance sheet data of Randolph Company for two recent years appears below: ssets Plant assets Total assets Liabilities and stockholders urrent liabilities term debt ommon stock Retained eam a) Using horizontal analysis, show the percentage change for each balance sheet item using Year as a base year. (b) Using vertical analysis, prepare a comparative balance sheet. Round percentages to one decimal place. s. Revenue and expense data for Young Technologies are as follows S500,000 325,00 70,00 75,000 10.50 ales $440.00 ost of goods sold 79.200 70 16 dministrative Income tax ex a) Prepare an income statement in comparative form, stating each item for both years as an amount and as a percent of sales. Round to the nearest whole percent. b Comment on the significant changes disclosed by the comparative income statement. s. Revenue and expense data for Young Technologies are as follows: S500,00 $440 ost of goods sold 70,00 75,00 10,50 79 70 Administrative ex ncome tax a) Prepare an income statement in comparative form, stating each item for both years as an amount and as a percent of sales. Round to the nearest whole percent. (b) Comment on the significant changes disclosed by the comparative income statement. . The balance sheet data of Randolph Company for two recent years appears below: ant assets Total assets Liabilities and stockholders' equity urrent liabilities erm deb S 280S Total liabalities and stockholders (c) Using horizontal analysis, show the percentage change for each balance sheet item using Year 1 as a base year a) Using vertical analysis, prepare a comparative balance sheet. Round percentages to one decimal place

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