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Required: requirement for subsequent requirement, if required. Assume 365 days a year. 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Required: requirement for subsequent requirement, if required. Assume 365 days a year. 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Days' sales in receivables 6. Inventory turnover 7. Days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders' equity 14. Return on common stockholders' equity 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield days days % % % $ $ Measures of liquidity, solvency and profitability The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31 , 20Y2. Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20 Y2 and 20Y1 \begin{tabular}{lrr} \hline & \multicolumn{1}{c}{20Y2} & \multicolumn{1}{c}{20Y1} \\ \hline Sales & $10,000,000 & $9,400,000 \\ Cost of goods sold & (5,350,000) & (4,950,000) \\ Gross profit & $4,650,000 & $4,450,000 \\ Selling expenses & $(2,000,000) & $(1,880,000) \\ Administrative expenses & (1,500,000) & (1,410,000) \\ Total operating expenses & $(3,500,000) & $(3,290,000) \\ Operating income & $1,150,000 & $1,160,000 \\ Other revenue and expense: & & \\ \multicolumn{1}{c}{ Other revenue } & 150,000 & 140,000 \\ \multicolumn{1}{c}{ Other expense (interest) } & (170,000) & (150,000) \\ Income before income tax expense & $1,130,000 & $1,150,000 \\ Income tax expense & (230,000) & (225,000) \\ Net income & $900,000 & $925,000 \\ \hline \end{tabular}

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