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Red Stout had 4,000 shares of common stock issued and outstanding. The market price of common stock at year end was $15.00 per share. Dividends

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Red Stout had 4,000 shares of common stock issued and outstanding. The market price of common stock at year end was $15.00 per share. Dividends paid in 2020 were $0.60 per share. Required: From the above information, compute the ratios indicated and place the proper numbers in the spaces provided. Assume the average balance figures for the year is the same as the ending balances for the balance sheet accounts. Round answers to one decimal place and show your working. [23 POINTS] Answer: 5

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