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Nineteen measures of solvency and profitability The comparative financial statements of Macallan Inc. are as follows. The market price of Macallan Inc. common stock was

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Nineteen measures of solvency and profitability The comparative financial statements of Macallan Inc. are as follows. The market price of Macallan Inc. common stock was $25 on December 31, 20Y2. Macallan inc. Comparative income Statement For the years ended December 31, 20Y2 and 20Y1 Macallan inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Dec.31, 20r2 Dec. 31, 20Y1 Assets Current assets: Cash.................. Temporary investments. Accounts receivable (net) Inventories . Prepaid expenses. Total current assets. Long-term investments. Property, plant, and equipment (net) Total assets. Liabilities Current liabilities. Long-term liabilities: Mortgage note payable. 12\%. due 207 Bonds payable, 11\%, due 20Y9 Total long-term liabilities Total liabilities Stockholders' Equity Preferred $2.00 stock, $100 par. Common stock, $5 par. Retained earnings. Total stockholders' equity. Total liabilities and stockholders' equity Instructions Determine the following measures, rounding to one decimal place: 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Number of times interest charges earned 11. Number of times preferred dividends earned 12. Ratio of net sales to assets 13. Rate carned on total assets 14. Rate earned on stockholders equity 15. Rate earned on common stockholders' equity 16. Earnings per share on common stock 17. Price-carnings ratio 18. Dividends per share of common stock 19. Dividend yield Answers are entered in the colls with gray bockgrounds, Cells with non-gray backgrounds are protected and cannot be edited. Ann

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