****PLEASE SHOW THE FORMULA TO ALL ENTRIES, HOW YOU GOT THEM.

-THANK YOU

A1 E f Recent financial statements for Zimmer, Inc. are as follows 1 Recent financial statements for Zimmer, Inc. are as follows: Zimmer Company Comparative Balance Sheet Zimmer Company Income Statement This Year 4 5 Assets 6 Current assets: 7 Cash 8 Marketable securities 9Accounts receivable, net 10 Inventory 11 Other current assets 12 Total current assets 13 Plant and equipment, net 14 Other assets 15 Total assets 16 Liabilities and Stockholders' Equity 17 Current Liabilities: 18 Accounts payable 19 Short-term bank loans 20 Accrued payables 21 Other current liabilities 22 Total current liabilities 23 Bonds payable, 10% Last Year This Year 60,000 220,000 775,000 925,000 55,000 310,000 Sales (all on account) $4,980,000 2,988,000 1,992,000 0,000 Cost of goods sold 700,000 Gross margin 750,000 Selling and administrative expenses 19500 Operating expenses 985,500 410,500 150,000 1,546,000 446,000 60,000 386,000 135,100 50,900 ,635000 2,035,000 Depreciation and amortization ,975,000 75,000 1800,000 General and administrative expenses 100,000 Total selling and administrative expenses $ 4,685000 3935000 Net operating income Interest expense Net income before taxes 250,000 225,000 Income taxes 750,000 550,000 275,000 600,000 Net income 395,000 223,400 Additional information: 825000 1443400 Dividend per share paid in current year1.00 575,000 00,000 Market price of shares at year end 42.00 Sheet1 + 100% READY Attempt(s) A1 Recent financial statements for Zimmer, In c. are as follows: X 23 Bonds payable, 10% 24 Total liabilities 25 Stockholders' equity: 26 Common stock 27 Retained earnings 28 Total stockholders' equity 29 Total liabilities and stockholders' equity4.685000 3935000 30 31 Required: 32 Compute the following ratios for the current year only 33 Gross margin percentage 34 Current ratio (rounded to two decimal places) 35 Acid-test ratio (rounded to two decimal places) 36 Accounts receivable turnover (rounded to two decimal places) 37 Average collection period (rounded to the nearest whole day) 38 Inventory turnover ratio (rounded to two decimal places) 39 Average sales period (rounded to the nearest whole day) 40 Debt-to-equity ratio (rounded to two decimal places) 41 Times interest earned (rounded to two decimal places) 42 Book value per share (rounded to two decimal places) 43 Earnings per share (rounded to two decimal places) 44Dividend payout ratio (rounded to three decimal places) 45 Dividend yield ratio (rounded to three decimal places) 575,000 4 2,4000001.843 400 Par value of common stock per share 0000 Market price of shares at year end 42.00 20.00 1150,000 1,150,000 Number of shares outstanding 1,135,000 41,600 2.285000 2.091.600 Sheet1 READY + 100% Attempt(s) 25 Stockholders' equity 26 Common stock 27 Retained earnings 28 Total stockholders' equity 29 Total liabilities and stockholders' equity S 30 31 Required: 2 Compute the following ratios for the current year only: 33 Gross margin percentage 4 Current ratio (rounded to two decimal places) 35 Acid-test ratio (rounded to two decimal places) 36 Accounts receivable turnover (rounded to two decimal places) 37 Average collection period (rounded to the nearest whole day) 38 Inventory turnover ratio (rounded to two decimal places) 39 Average sales period (rounded to the nearest whole day) 40 Debt-to-equity ratio (rounded to two decimal places) 41 Times interest earned (rounded to two decimal places) 42 Book value per share (rounded to two decimal places) 43 Earnings per share (rounded to two decimal places) 44 Dividend payout ratio (rounded to three decimal places) 45 Dividend yield ratio (rounded to three decimal places) 46 Price-earnings ratio (rounded to two decimal places) 150000 50,000 Number of shares outstanding 1.135,000 2285000 2,091 600 685000 3935000 941,600 47 Sheet1 READY + 100% Attempt(s)