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ONLY needing answers 13-16 please! Solve the selected solvency and profitability analysis for 2036 using the following data and the form below. The market price
ONLY needing answers 13-16 please!
Solve the selected solvency and profitability analysis for 2036 using the following data and the form below. The market price per share of com mmon stock on December 31, 2036 is $30. Take all answers to one decimal place, except those that are dollar amounts take to 2 decimal places. Be sure to show all work for possible partial credit. Dec. 31, 2036 Dec. 31, 2035 $ Data: Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total Current Assets Long-term Investments Property, Plant, & Equipment (net) Total assets 58,970 $ 40,000 207,230 65,000 7,000 378,200 $ 300,000 120,000 798,200 $ 21.540 150,000 160.000 50,000 5,000 386,540 100,000 50,000 536,540 $ $ $ 205,700$ 194,140 Liabilities Current Liabilities Long-term liabilities: Mortgage note payable Bonds Payable Total long-term liabilities Total liabilities 25,500 202,000 227,500 433,200 20,400 102,000 122,400 316,540 Stockholders' Equity Preferred Stock ($100 par) Common Stock ($10 par) Retained Earnings 200,000 40,000 125,000 30,000 60,000 130,000 Retained Earnings Total stockholders' equity Total liabilities and stockholders' equity 125,000 365,000 798,200 $ 130.000 220,000 536.540 $ Income Statement and Retained Earnings Accou Dec. 31, 2036 Dec. 31, 2035 Sales $ 600,000 $ 500,000 Cost of goods sold 200,000 $ 150,000 Interest expense 2,000 1,000 Income before Income Tax Expense 140,000 165,000 Net income 129,000 149,000 Dividends on preferred stock Dividends on common stock $ $ 2,000 500 $ 2.000 500 SHOW ALL WORK FOR POSSIBLE PARTIAL CREDIT! Solve the following: 1 Quick ratio 2 Accounts receivable turnover 9 Asset turnover 10 Return on total assets 11 Return on stockholders' equity 12 Return on common stockholders' equity 13 Earnings per share on common stock 14 Price-earnings ratio 15 Dividends per share of common stockStep by Step Solution
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