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Problem 13-5A Comparative ratio analysis LO A1, P3 [The following information applies to the questions displayed below.] Summary information from the financial statements of two

Problem 13-5A Comparative ratio analysis LO A1, P3

[The following information applies to the questions displayed below.]

Summary information from the financial statements of two companies competing in the same industry follows.

Barco Company Kyan Company Barco Company Kyan Company
Data from the current year-end balance sheets Data from the current years income statement
Assets Sales $ 770,000 $ 880,200
Cash $ 19,500 $ 34,000 Cost of goods sold 585,100 632,500
Accounts receivable, net 37,400 57,400 Interest expense 7,900 13,000
Current notes receivable (trade) 9,100 7,200 Income tax expense 14,800 24,300
Merchandise inventory 84,440 132,500 Net income 162,200 210,400
Prepaid expenses 5,000 6,950 Basic earnings per share 4.51 5.11
Plant assets, net 290,000 304,400 Cash dividends per share 3.81 3.93
Total assets $ 445,440 $ 542,450
Beginning-of-year balance sheet data
Liabilities and Equity Accounts receivable, net $ 29,800 $ 54,200
Current liabilities $ 61,340 $ 93,300 Current notes receivable (trade) 0 0
Long-term notes payable 80,800 101,000 Merchandise inventory 55,600 107,400
Common stock, $5 par value 180,000 206,000 Total assets 398,000 382,500
Retained earnings 123,300 142,150 Common stock, $5 par value 180,000 206,000
Total liabilities and equity $ 445,440 $ 542,450 Retained earnings 98,300 93,600

For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on common stockholders equity. Assuming that share and each companys stock can be purchased at $75 per share, compute their (e) price-earnings ratios and (f) dividend yields. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Answer is complete but not entirely correct.

(d) Return On Common Stockholders' Equity
Company Choose Numerator: / Choose Denominator = Return On Common Stockholders' Equity
Net incomeselected answer correct - Preferred dividendsselected answer correct / Average common stockholders' equityselected answer correct = Return on common stockholders' equity
Barco $162,200selected answer correct - $0selected answer correct / $290,780selected answer incorrect = 55.8 %
Kyan $210,400selected answer correct - $0selected answer correct / $323,908selected answer incorrect = 65.0 %

I need help calculation the average common stockholders equity because the answer I got (shown above) is wrong

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