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Please help me fill in the missing spaces. The following financial statements apply to Stuart Company: Year 2 Year 1 $ 219,000 $182,800 125,800 19,800
Please help me fill in the missing spaces.
The following financial statements apply to Stuart Company: Year 2 Year 1 $ 219,000 $182,800 125,800 19,800 9,800 2,300 20,900 178,600 40,400 102,700 17,800 8,800 2,300 18,000 149,600 33,200 $ $ $ Revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses Net income Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (41,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 5,900 2,200 36,900 101,000 3,300 149,300 105,400 20,600 $ 275,300 7,500 2,200 30,800 95,500 2,300 138,300 105,400 $ 243,700 $ $ 38,400 15,400 53,800 65,900 119,700 34,200 15, 100 49,300 66,900 116,200 114,400 41,200 155,600 $ 275,300 114,400 13,100 127,500 $ 243,700 Required Calculate the following ratios for Year 1 and Year 2. Since opening balance numbers are not presented do not use averages when calculating the ratios for Year 1. Instead, use the number presented on the Year 1 balance sheet. Required Calculate the following ratios for Year 1 and Year 2. Since opening balance numbers are not presented do not use averages when calculating the ratios for Year 1. Instead, use the number presented on the Year 1 balance sheet. a. Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal places.) d. Earnings per share. (Round your answers to 2 decimal places.) e. Price-earnings ratio (market prices at the end of Year 1 and Year 2 were $6.03 and $4.82, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest earned. (Round your answers to 2 decimal places.) h. Working capital. i. Current ratio. (Round your answers to 2 decimal places.) j. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) 1. Inventory turnover. (Round your answers to 2 decimal places.) m. Debt-to-equity ratio. (Round your answers to 2 decimal places.) n. Debt-to-assets ratio. (Round your answers to the nearest whole percent.) a. b. C. $ e. $ $ Net margin b. Return on investment Return on equity d. Earnings per share Price-earnings ratio f. Book value per share of common stock g. Times interest earned h. Working capital i. Current ratio i Quick (acid-test) ratio k. Accounts receivable turnover I. Inventory turnover m. Debt-to-equity ratio Debt-to-assets ratio Year 2 18.45 % % % 0.99 times 3.80 27.65 times 95,500 2.781 0.84 6.47 times 1.28 times 0.77 43% Year 1 18.16% 13.62% 26.04% 0.81 times 3.11 23.26 times 89,000 2.81 0.82 5.94 times 1.08 times 0.91 48% $ $ nStep by Step Solution
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