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ok t nces Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Perez Company for Year 3: Assets
ok t nces Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Perez Company for Year 3: Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable PEREZ COMPANY Balance sheet Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity f. Debt to equity ratio The average number of common stock shares outstanding during Year 3 was 860 shares. Net income f $ 14,750 8,180 12,620 10,950 175,000 (12,500) $209,000 Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 sh per share $ 8,030 3,720 4,150 % % 21,780 114,400 56,920 $209,000
Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Perez Company for Year 3 : The average number of common stock shares outstanding during Year 3 was 860 shares. Net income Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 sh Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Perez Company for Year 3 : The average number of common stock shares outstanding during Year 3 was 860 shares. Net income Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 shStep by Step Solution
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