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I've been working on this for hours but can't quite get it. Can you please help with answering A - S below:? The answers I
I've been working on this for hours but can't quite get it. Can you please help with answering A - S below:? The answers I input may not be right.I just updated. Can you see everything now? On my end its visible. Thanks
$ $ 2019 117,000 1.94 0.68 4.51 times days 1.04 times days % 2018 114,900 2.23 0.63 6.19 times days times days a. Working capital b. Current ratio C. Quick ratio d. Receivables turnover e. Average days to collect accounts receivable f. Inventory turnover 9. Average days to sell inventory n. Debt to assets ratio i. Debt to equity ratio j. Number of times interest earned k. Plant assets to long-term debt 1. Net margin m. Asset turnover n. Return on investment 10. Return on equity p. Earnings per share 9. Book value per share r. Price-earnings ratio s. Dividend yield 9.37 times 10.69 times % % % 2.75 per share 20.10 per share 4.73 2.60 % % % 3.33 per share 17.69 per share 3.60 2.80% Financial statements for Fanning Company follow FANNING COMPANY Balance Sheets As of December 31 2019 2018 $ 18,500 29,5ee 46,000 131.680 25,000 241,000 32, 280,000 31.000 $584,000 $ 14,500 6,500 38, 139,000 10,000 208,000 25,000 265,000 26,000 $524,000 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 510, 5X cumulative, non-participating: 5.000 shares authorized and issued) Common stock (no pari 50,000 shares authorized; 18,000 shares Issued) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 19,200 78,300 $ 3,100 65,000 20.000 93,100 124,000 150.000 29,00 179.000 303,000 150,000 24.000 174,000 267,100 80,000 80,000 121.00 251.000 5584,000 80,000 80,000 96,900 256,909 5524.000 2018 $260,000 6, 266,00 Statements of Ince Retained Earnings For the Year End Decep 11 2019 Revenues Sales (net) 5229,00 Other revenues 9, Total revenues 299,99 Expenses Cost of goods sold 148.ece Selling, general, and administrative 60.00 Interest pense 9,50 Income tax expense 48, Total expenses 257,50 Net earnings (net income) 31,500 Retained earnings. January 1 96,500 Less Preferred stock dividends 4,00 Common stock dividends 3,400 Retained warnings, December 31 $121,008 eBook 118, 55,00 8,70 47.800 225, 2010 37,300 67,00 4. 1,400 $ 96,900 Prima References Required Calculate the following ratios for 2019 and 2018. Since 2017 numbers are not presented, do not use averages when calculating the ratios for 2018 Instead, use the number presented on the 2018 balance sheet 6. Working capital b. Current ratio. (Round your answers to 2 decimal places.) 4. Quick ratio. (Round your answers to 2 decimal places. d. Receivables turnover (beginning receivables at January 1, 2018 were $39.000). (Round your answers to 2 decimal places.) e. Average days to collect accounts receivable. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.) Inventory turnover (beginning inventory at January 1 2018, was $145.000) (Round your answers to 2 decimal places.) g. Number of days to sell inventory (Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number) h. Debt to assets ratio. (Round your answers to the nearest whole percent 1. Det to equity ratio. (Round your answers to 2 decimal places.) 3. Number of times interest was earned (Round your answers to 2 decimal places.) k. Plant assets to long-term debt. (Round your answers to 2 decimal places.) 1. Net margin (Round your answers to 2 decimal places. m. Tomover of assets. (Round your answers to 2 decimal places n. Return on investment Round your answers to 2 decimal places.) o. Return on equity. (Round your answers to 2 decimal places) p. Eamings per share. (Round your answers to 2 decimal places) q. Book value per share of common stock. (Round your answers to 2 decimal places.) Price-eamings ratio market price per share: 2018. $12.00 2019, $13.00). (Round your intermediate calculations and final answer to 2 decimal places.) 5. Dividend yield on common stock (Round your answers to 2 decimal places.)
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