Question 14 of 50 0/1 The following information pertains to Sheridan Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 46000 Accounts receivable (net) 40000 Inventory 22000 Property, plant and equiment Inet) 200000 Total Assets $308000 abilities and Stockholders Evity Currentlisbilities 550000 Long term liabilities 100000 Stockholders' equity-common 150000 Total abilities and Stockholders $308000 Equity Income State Sales net Costos 5123000 54000 Question 14 of 50 0/1 $ 122000 64000 RENCE Sales (net) Cost of goods sold Gross profit Operating expenses Net income 58000 34000 $ 24000 Number of shares of common stock Market price of common stock Dividends per share 4000 $18 0.60 What is the accounts receivable turnover for Sheridan? 145 times 1.36 times @ 305 times 1299 times Question 21 of 50 071 3 The following information pertains to Sheridan Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment (net) Total Assets $ 44000 30000 29000 203000 $306000 Liabilities and Stockholders' Equity Current liabilities $ 58000 Long-term liabilities 77000 Stockholders' equity-common 171000 Total Liabilities and Stockholders $306000 Equity Income Statement Sales in Cost of goods sold $ 128000 28600 Question 21 of 50 071 Income Statement Sales (net) Cost of goods sold Gross profit Operating expenses Net income $128000 28600 99400 29000 $70400 Number of shares of common stock Market price of common stock Dividends per share 4000 $22 1.10 What is the profit margin for Sheridan? 55% BOX 2396 78% Question 22 of 50 0/1 The following information pertains to Sheridan Company, Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment (net) Total Assets $ 40000 29000 23000 214000 $306000 Liabilities and Stockholders' Equity Current liabilities Long term liabilities Stockholders' equity-common Total Liabilities and Stockholders Equity $62000 44000 200000 $306000 Income Statement Silesine Cost of goods sold $96000 40000 Question 22 of 50 Liabilities and Stockholders' Equity Current liabilities $62000 Long-term liabilities 44000 Stockholders' equity-common 200000 Total Liabilities and Stockholders' $306000 Equity Income Statement Sales (net) Cost of goods sold Gross profit Operating expenses Net income $ 96000 46000 50000 28000 $ 22000 Number of shares of common stock Market price of common stock Dividends per share 7000 $24 1.0 What is the return on common stockholders' equity for Sheridan? The following financial statement information is available for Bonita Corporation: Stockholders' equity-common Net sales Cost of goods sold Net income Inc tax expense Interest expense Dividends paid to preferred stockholders Dividends paid to common stockholders 2020 2012 $400000 $300000 800000 730000 450000 420000 100000 70000 40000 30000 30000 30000 30000 40000 10000 9000 The return on common stockholders equity for 2020 is 20.09 11.4% 25.0% 18.8% Question 46 of 50
