Requirement 1. Compute these ratios Round ratios to two decimal places or CrWorking Debt-to- Ratio Capital Cash Ratio Debt Ratio Equity Ratio mat as percentages or currency as appropriate Accounts Inventory Days Sales Gross Profit Receivable Days Sales in Turnover in Invent Percenta Turnover Receivables 2017 Total Assets Rate of Return on TotalTurnover Stockholders' Earnings Rate of Return orn rn Asset Ratio Per Share Assets 2017 SHE Price/ EarningsDividend Dividend Yield Current Stock Price is Ratio 5.00 per share Dividend per share THE PANAMA PAJAMA COMPANY Adjusted Trial Balance 12/31/18 2017 Balance Sheet Info 2018 Account Title Adjusted Trial Balance Credit 138,000 $35,600 11,000 5,600 Accounts Receivable Office Equipment Machinery &Tools Accumulated Depreciation-Plant Assets Accounts Payable Note Payable-Short Term Note Payable-Long Term Common Stock, $10 par Retained Earnings 6,000 9,800 8,600 33,000 11,900 11,900 31,700 Sales Revenue Cost of Goods Sold Rent Expense Utilities Expense Depreciation Expense 11,600 2,600 257,400257,400 Transaction Data for 2018 (Note, these transactions were included in the trial balance numbers above Cash paid for purchase of office equipment Cash paid for purchase of tools Acquisition of Machinery with Notes Payable-Long-term Cash payment of dividends Cash receipt from issuance of 10,000 shares of common stock 100,000 Requirement 1. Compute these ratios Round ratios to two decimal places or CrWorking Debt-to- Ratio Capital Cash Ratio Debt Ratio Equity Ratio mat as percentages or currency as appropriate Accounts Inventory Days Sales Gross Profit Receivable Days Sales in Turnover in Invent Percenta Turnover Receivables 2017 Total Assets Rate of Return on TotalTurnover Stockholders' Earnings Rate of Return orn rn Asset Ratio Per Share Assets 2017 SHE Price/ EarningsDividend Dividend Yield Current Stock Price is Ratio 5.00 per share Dividend per share THE PANAMA PAJAMA COMPANY Adjusted Trial Balance 12/31/18 2017 Balance Sheet Info 2018 Account Title Adjusted Trial Balance Credit 138,000 $35,600 11,000 5,600 Accounts Receivable Office Equipment Machinery &Tools Accumulated Depreciation-Plant Assets Accounts Payable Note Payable-Short Term Note Payable-Long Term Common Stock, $10 par Retained Earnings 6,000 9,800 8,600 33,000 11,900 11,900 31,700 Sales Revenue Cost of Goods Sold Rent Expense Utilities Expense Depreciation Expense 11,600 2,600 257,400257,400 Transaction Data for 2018 (Note, these transactions were included in the trial balance numbers above Cash paid for purchase of office equipment Cash paid for purchase of tools Acquisition of Machinery with Notes Payable-Long-term Cash payment of dividends Cash receipt from issuance of 10,000 shares of common stock 100,000
