Please help!!!
LUIU Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets $ 25,500 21,900 60,000 145,000 29,000 281,400 22,000 260,000 29,000 $592,400 21,500 7,900 52,000 153,000 14,000 248,400 15,000 245,000 24,000 $532,400 Investments Plant (net) Land Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable $ 39,200 73,800 22,000 $ 10,800 60,000 16,000 86,800 Total current liabilities 135,000 Noncurrent liabilities Bonds payable Other Total noncurrent liabilities 110,000 25,000 135,000 270,000 110,000 20,000 130,000 216,800 Total liabilities Stockholders' equity Preferred stock, (par value $10, 5cumulative, non-participating; 9,000 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 90,000 90,000 142,400 322,400 90,000 90,000 135,600 315,600 $532,400 $592,400 2018 $400,000 8,800 408,800 ZACHARY COMPANY Statements of Income and Retained Earnings For the Years Ended December 31 2019 Revenues Sales (net) $420,000 Other revenues 11,800 Total revenues 431,800 Expenses Cost of goods sold 210,000 Selling, general, and administrative 74,000 Interest expense 13,700 Income tax expense 118,000 Total expenses 415, 700 Net earnings (net income) 16,100 Retained earnings, January 1 135,600 Less: Preferred stock dividends 4,500 Common stock dividends 4,800 Retained earnings, December 31 $142,400 160,000 69,000 12,900 117,000 358,900 49,900 95,000 4,500 4,800 $135,600 Required Calculate the following ratios for 2019 and 2018. Since 2017 numbers are not presented, do not use averages when calculating the ratios for 2018. Instead, use the number presented on the 2018 balance sheet. a. Working capital. b. Current ratio. (Round your answers to 2 decimal places.) c. Quick ratio. (Round your answers to 2 decimal places.) d. Receivables turnover (beginning receivables at January 1, 2018, were $53,000). (Round your answers to 2 decimal places.) e. Average days to collect accounts receivable. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.) 000 2019 2018 146,400 $ 161,600 2.08 2.86 0.80 0.94 7.62 times 7.50 times 49 days 1.41times 259 days 46% 48 days 1.03 times 354 days 41% 0.84 0.69 a. Working capital b. Current ratio c. Quick ratio d. Receivables turnover e. Average days to collect accounts receivable f. Inventory turnover 9. Average days to sell inventory n. Debt to assets ratio i. Debt to equity ratio j. Number of times interest earned k. Plant assets to long-term debt 1. Net margin m. Asset turnover n. Return on investment 0. Return on equity p. Earnings per share 9. Book value per share r. Price-earnings ratio s. Dividend yield 10.79 times 13.94 times 1.93 1.88 3.831% 12.48 % 0.75 % % % 15.81 % per share per share per share per share % %
