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Please help me find the ratios. PROBLEM 15-2 Insfructions: Using the information below and on the following page. periorm a vertical analysis for Voyageur Inc,
Please help me find the ratios.
PROBLEM 15-2 Insfructions: Using the information below and on the following page. periorm a vertical analysis for Voyageur Inc, by filling in the Percent colunS statements provided. (Round all percents to one decimal place.) Voyageur Inc. Comparative Balance Sheet December 31, 2015 and 2014 2015 2014 Assets Amount Percent AmountPercent Cash Marketable securities Accounts receivable (net).. 000 .3H425,0005, 200,000 680,000 | ..27 | 575,000 | 860,000 04,000 450,000| 4.3 | 410,000|*S,2 185,000 2-4 Inventory 740,0001 9H Prepaid expenses Long-term investments 95,000 | \,! 6.556,000 5420,000 $9.350,000| 100% | $7,850,0001 100% Total assets Liabilities Current liabilities Long-term liabilities Total liabilities | $1,090,000 1 1 1 | 15.4 :' $1,050,000 2,150,000 22 $3,240,000 | 2M 2,050,000Z $3,100,00 30.5 Stockholders' Equity Preferred 5% stock, $100 par Common stock, $10 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 350,000| 3.7 | $ 350,000! 2,550,00013 | 2550,0001 325 3210,000|34,3 | 1,850,000 125.1 $0.110.000 | 5.3 100% - 3 $4,750,000 7,850,000 10 $9.350.000 100% Name. Chapter 15 251 Voyageur Inc. Income Statement For the Year Ended December 31, 2015 Amount Percent Sales $12,800,000 300.000 Sales returns and allowances Net sales Cost of goods sold Gross profit Selling expenses $12,500,000 100% 7,550,000 U0H $ 4950,000 39.0 $ 1,550,000 | 12. Administrative expenses Total operating expenses 825,000 $2.375,0001 5 2,575,000 040 Operating income Other income 125,000 $ 2,700,000 | 110 Other expense (interest).. 150,000 Income before income taxes 2,550,000 O 937,000 74 Net income $1613,000 1 252 Chapter 15 PROBLEM 15-3 2015. The Vgyag price of Voyageurs common stock on December 31, 2015, is $29.7. Ins truction peur inc declared $250,000 of common stock dividends during Using the data for Voyapeur Inc. from Problem 15-2, determine the folowing amounts and ratios for 2015. (Round all ratios to one decimal poin. Calculation Final Result a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover Number of days' sales in receivables f. Inventory turnover Number of days' sales in inventory g. h. Ratio of fixed assets to long-term liabilities i. Ratio of liabilities to stockholders' equity Namme: Chepter 15 23 Calculation Final Result j. Numberof times interest charges eamed k. Number of times preferred dividends earned l. Ratio of net sales to assets m. Rate earned on total assets n. Rate earned on stockholders equity Rate earned on common stockholders' equity o. Earnings per share on common stock P. q. Price-earnings ratio Dividends per share of common stock r. s. Dividend yieldStep by Step Solution
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