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My questions are SE12-4,6,8 Mon stock is $46,80. What is the and (c) dividend payout ratio? of financial statement data? Ise the following financial data
My questions are SE12-4,6,8
Mon stock is $46,80. What is the and (c) dividend payout ratio? of financial statement data? Ise the following financial data for Hi-Tech Instruments to answer Short Exercises 12-1 through 12-10: paid dividends of $2.34 g except: Assignments with the logo in the margin are available in Business Caune. See the Preface of the book for details. SHORT EXERCISES 2020 (Thousands of Dollars, except Earnings per Share) Sales revenue. Cost of goods sold Net income Dividends. Earnings per share. statement? $210,000 125,000 8,300 2,600 4.15 HI-TECH INSTRUMENTS, INC. Balance Sheets (Thousands of Dollars) Dec. 31, 2020 Dec. 31, 2019 in a Assets Cash... nge Accounts receivable (net). Inventory. Total Current Assets Plant assets (net) $ 18,300 46,000 39,500 103,800 52,600 15,600 $172,000 $ 18,000 41,000 43,700 102,700 50,500 13,800 $167,000 I users Other assets Total Assets continued SE12-10. Earnings per Share If the company's most recent price per share of common stock is $62.25. Dec. 31, 2020 Dec. 31,2015 HI-TECH INSTRUMI Balance Sheets SEL $ 6,000 18,700 21,000 45,700 40.000 SE (Thousands of Dollars) Llabilities and Stockholders' Equity Notes payable-banks Accounts payable Accrued liabilities Total Current Liabilities 9% Bonds payable Total Liabilities Common stock, S25 par value (2,000,000 shares). Retained earnings .. Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 6,000 22,500 16,500 45,000 40,000 85,000 50,000 37,000 87,000 85,700 50,000 31,300 81300 $167,000 $172,000 Industry Average Ratios for Competitors 1.3 2.4 5.9 times 3.5 times 0.73 Quick ratio Current ratio Accounts receivable turnover Inventory turnover. Debt-to-equity ratio. Gross profit percentage Profit margin... Return on assets 42.8 percent 4.5 percent 7.6 percent LO4 SE12-1. Quick Ratio Calculate the company's quick ratio for 2020 and compare the result to the industry average. LO4 SE12-2. Current Ratio Calculate the company's current ratio for 2020 and compare the result to the industry average LO4 SE12-3. Accounts Receivable Turnover Calculate the company's accounts receivable turnover for 2020 and compare the result to the industry average. LO4 SE12-4. Inventory Turnover Calculate the company's inventory turnover for 2020 and compare the re- sult to the industry average. LO4 SE12-5. Debt-to-Equity Ratio Calculate the company's 2020 debt-to-equity ratio and compare the result to the industry average. LO4 SE12-6. Gross Profit Percentage Calculate the company's 2020 gross profit percentage and compare the result to the industry average. LO4 SE12-7. Profit Margin Calculate the company's profit margin for 2020 and compare the result to the industry average. LO4 SE12-8. Return on Assets Calculate the company's return on assets for 2020 and compare the result to the industry average. SE12-9. Dividends per Share Calculate the company's dividend paid per share of common stock. What was the dividend payout ratio? VIBC LO4 SIBG LO4 what is the company's price-earnings ratio and dividend yield? MBOStep by Step Solution
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