MANAGERIAL ACCOUNTING HANDOUT PROBLEM 15 Score Name Section Problem (10 points). The income statement and comparative balance sheets for Cruise Supply Store are attached. The following additional information is available CRUISE SUPPLY STORE ADDITIONAL INFORMATION FOR FINANCIAL STATEMENT ANALYSIS (a) The market price of the company's common stock on December 31, 20X4 is $49 b) Weighted average common shares outstanding for 20X4 were 10,000 (c) All sales were credit sales. REQUIRED: ( Prepare a vertical analysis on the income statement for the year ending (2) Prepare a horizontal analysis on the balance sheet from year 20X3 to 20X4 (3) Compute the following ratios for the company for 20X4. Round those ratios December 31, 20X4. Round all percentages to two decimal places (four decimal places in all) Round all percentages to two decimal places (four decimal places in all). that are percentages to two decimal places (four decimal places in all) and all other amounts to two decimal places. (a Current Ratio. (b) Inventory Turmover (c) Accounts Receivable Tumover (d) Times Interest Earned Ratio. (c) Return on Average Total Assets. (D Return on Average Common Stockholders' Equity. g) Earnings Per Share of Common Stock. h) Price/Earnings Ratio