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Panther Printing declared and paid a cash dividend of $6,900 in the curent year its comparative financial statements, prepared at December 31 reported the following
Panther Printing declared and paid a cash dividend of $6,900 in the curent year its comparative financial statements, prepared at December 31 reported the following summarized Information Current Previous Year Income Statement Sales Revenue Cast of Goods Sole $125,000 111,000 58,000 54,000 67,0 57,00 Operating Expenses 35,000 Interest Expens 14,300 Income before ce Tax Expense 23,708 17,30 Income Tax Expense O 06175 Net Income 516,590 $12,110 Salance Sheet Cash $73,415 $35,000 Accounts Receivable, Net Inventory Property and Equipment, et Accounts Payable Income Tax Payable Notes Payable (long-ter Total Liabilities Common Stock (per 101 Retained Earnings 20,000 15,000 28,000 41,000 90,00 100,00 219,415 199,000 $ 45,000 34,700 1,75 658 43,000 43, 65,075 70.358 91,000 91,800 Total Liabilities and Stackholders' Equity 38,540 219,415 28,858 199,000 Required: 1 Compute the gross profit percentage in the current and previous years. Are the current-year results better, or worse, than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current year results better, or worse, than those for the previous year? 4. Stockholders' equity totaled $103,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years Ace the current-year results better, or worse, than those for the previous year? 5. Net property and equipment totaled $113,000 at the beginning of the previous year Compute the fixed asset tumover ratios for the curent and previous years. Are the current year results better, or worse, than those for the previous year? 6. Compute the debt-so-assets ratios for the current and previous years is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest eamed ratios for the current and previous years. Are the current year results better, or worse, than those for the previous year? 8. After Panther Printing released as current year's financial statements, the company's stock was trading at $21. After the release of es previous year's financial statements, the company's stock price was $18 per share. Compute the P/E ratios for both years Does it appear that investors have become more (or less) optimistic about Panther's future success? 4 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required B 1-a. Compute the gross profit percentage in the current and previous years. Note: Round percentage values to 1 decimal place 1-b. Are the current-year results better, or worse, than those for the previous year? 1-a. Cument Year gross profit percentage 1-a. Previous Year gross profit percentage 1-b. Cument year gross profit percentage? Required 2> Complete this question by entering your answers in the tabs below. Required 1 Required 21 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 2-a. Compute the net profit margin for the current and previous years. Note: Round percentage values to 1 decimal place 2-b. Are the current-year results better, or worse, than those for the previous year? 2-a Current Year net profit margin percentage 2- Previous Year net profit margin percentage 2-b. Current year net profit margin? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 3-a. Compute the earnings per share for the current and previous years. Note: Round your answers to 2 decimal places. 3-b. Are the current-year results better, or worse, than those for the previous year? 3-a. Current Year EPS 5-a Previous Year EPS 3-b. Current year EPS? > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required S Required 6 Required 7 Required 8 4-a. Stockholders' equity totaled $103,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Note: Round percentage values to 1 decimal place. 4-b. Are the current-year results better, or worse, than those for the previous year? 4-a. Current Year Retum on equity (ROE) Percentage 4-a. Previous Year Return on equity (ROE) Percentage 4-b. Current year return on equity ratio? Show less Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required & 5-a. Net property and equipment totaled $113,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Note: Round your answers to 2 decimal places. 5-b. Are the current-year results better, or worse, than those for the previous year? 5-a. Current Year Fixed asset turnover 5-a. Previous Year Fixed asset turnover 5-b. Current year fixed asset turnover? Show less & Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 6-a. Compute the debt-to-assets ratios for the current and previous years. Note: Round your answers to 2 decimal places. 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 6-a Current Year debt-to-assets ratio 6-a. Previous Year debt-to-assets ratio 6-b. Cument year debt-to-assets ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 7-a. Compute the times interest earned ratios for the current and previous years. Note: Round your answers to 1 decimal place. 7-b. Are the current-year results better, or worse, than those for the previous year? 7-a. Current Year interest earned ratio 7-a. Previous Year interest earned ratio 7-b. Current year times interest earned ratio? < Required 6 Required 8> Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 B-a. After Panther Printing released its current year's financial statements, the company's stock was trading at $21. After the release of its previous year's financial statements, the company's stock price was $18 per share. Compute the P/E ratios for both years Note: Round your intermediate calculations to 2 decimal places and final answers to 1 decimal place. 8-b. Does it appear that investors have become more (or less) optimistic about Panther's future success? B-a Cument Year P/E ratio 6a. Previous Year P/E ratio 8-b. Current year P/E ratio
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