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Posted on Jul 23, 2024

Income Static Catego 100.000 400.000 ST600.000 100.000 TOGO TES 400.000 360o Deprem Tangerande Tags wat 20.000 Awwa 300.000 00 Total Propelantander Tool 12.00 and Shay

Income Static Catego 100.000 400.000 ST600.000 100.000 TOGO TES 400.000 360o Deprem Tangerande Tags wat 20.000 Awwa 300.000 00 Total Propelantander Tool 12.00 and Shay Acable 1 50.000 2000 Creating 100 fory Shah Pred Commerce 000 die tehing Send To > Your Story Close Friends Rowe Manufacturing Balance Sheet December 31, 2020 Assets Cash Accounts receivable (net) Inventory Total current assets Property, plant and equipment (net) Total assets $ 220,000 9,800,000 8.800.000 18,820,000 27.400.000 $ 46,220,000 $ Liabilities and Shareholders' Equity Accounts payable Taxes payable Current portion of long term debt Total current liabilities Long term debt Total liabilities Shareholders' equity Preferred Stock (Note 1) Common Stock (Note 2) Retained earnings Total shareholder's equity Total liabilities and shareholders' equity 5,400,000 320,000 4.800.000 10.520,000 27.500.000 38,020,000 5,000,000 1,000,000 2.200.000 8.200.000 $ 46,220.000 Note 1: $1.00 non-cumulative preferred shares 250.000 shares outstanding Note 2: 100,000 common shares outstanding Required: 1) Given the above financial statements, calculate the following ratios (2 marks each a) Profit Margin b) Return on Equity c) Receivables Turnover d) Inventory Turnover e) Total Asset Turnover f) Quick Ratio 9) Total Liabilities to Total Assets h) Times Interest Earned 2) The company paid a total of $400.000 in dividends in the 2020. Calculate the dividend per common share in 2020 (2 marks) 3) Calculate the company's earnings per share in 2020 (2 marks) 4) Assuming the common shares were trading at a price-earrings ratio of 12 X on December 31, 2020. calculate the market price per common share (1 mark) 5) Calculate the book value per common share (2 marks) Income Static Catego 100.000 400.000 ST600.000 100.000 TOGO TES 400.000 360o Deprem Tangerande Tags wat 20.000 Awwa 300.000 00 Total Propelantander Tool 12.00 and Shay Acable 1 50.000 2000 Creating 100 fory Shah Pred Commerce 000 die tehing Send To > Your Story Close Friends Rowe Manufacturing Balance Sheet December 31, 2020 Assets Cash Accounts receivable (net) Inventory Total current assets Property, plant and equipment (net) Total assets $ 220,000 9,800,000 8.800.000 18,820,000 27.400.000 $ 46,220,000 $ Liabilities and Shareholders' Equity Accounts payable Taxes payable Current portion of long term debt Total current liabilities Long term debt Total liabilities Shareholders' equity Preferred Stock (Note 1) Common Stock (Note 2) Retained earnings Total shareholder's equity Total liabilities and shareholders' equity 5,400,000 320,000 4.800.000 10.520,000 27.500.000 38,020,000 5,000,000 1,000,000 2.200.000 8.200.000 $ 46,220.000 Note 1: $1.00 non-cumulative preferred shares 250.000 shares outstanding Note 2: 100,000 common shares outstanding Required: 1) Given the above financial statements, calculate the following ratios (2 marks each a) Profit Margin b) Return on Equity c) Receivables Turnover d) Inventory Turnover e) Total Asset Turnover f) Quick Ratio 9) Total Liabilities to Total Assets h) Times Interest Earned 2) The company paid a total of $400.000 in dividends in the 2020. Calculate the dividend per common share in 2020 (2 marks) 3) Calculate the company's earnings per share in 2020 (2 marks) 4) Assuming the common shares were trading at a price-earrings ratio of 12 X on December 31, 2020. calculate the market price per common share (1 mark) 5) Calculate the book value per common share (2 marks)