Requirement Compute the rate of return on common stockholders buy for 2018 and 2017 Begin by selecting the formula to compute the rate of return on common stockholders'uty vend ockholder How computeren of tomon common stockholders equyu 2013 and 2017. Fond you nesto meter of percent XXX 2010 Now compute the earnings per share for 2018 and 2017. (Round your answers to the nearest cent. $XXX) 2018 2017 Requirement 1. Compute the pricelearnings ratio for 2018 and 2017, Begin by selecting the formula to compute the price/earnings ratio Pricelearnings ratio Now.compute the price/warnings ratio for 2018 and 2017 (Round your interim calculations and final answers to two decimal plu 2018 2017 Requirement 2. Decide (n) whether Ranfield's ability to pay debts and to sell inventory improved or deteriorated during 2018 at a) Did Ranfield's ability to pay its debts and to sell inventory improve or deteriorate during 2018? b) Did the investment attractiveness of Ranfield's common stock appear to have increased or decreased? i Income Statement the egy Banfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 467,000 $ 429,000 241,000 216,000 ar Cost of Goods Sold ra Gross Profit 226,000 132,000 213,000 130,000 Operating Expenses Income From Operations Rol 94,000 83,000 10,000 9,000 Interest Expense Income Before Income Tax 85,000 20,000 73,000 24,000 Income Tax Expense Net Income $ 65,000 $ 49,000 coch on Print Done i Balance Sheet Banfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 2016* Assets Current Assets Cash $ 91,000 $ 89,000 Accounts Receivables, Net 107.000 Merchandise Inventory 144,000 19.000 119,000 $ 102,000 165,000 208,000 9,000 Prepaid Expenses Total Current Assets 361,000 212,000 382,000 181,000 Property, Plant, and Equipment, Net $ 573,000 $ 563,000 Total Assets $598,000 Liabilities Total Current Liabilities 230,000 $ 119,000 247,000 99,000 Long-term Liabilities Total Liabilities 349,000 346,000 Cash $ 91,000 $ 89,000 107,000 119,000 $ 102,000 Accounts Receivables, Net Merchandise Inventory 165,000 208,000 144,000 19,000 Prepaid Expenses 9,000 Total Current Assets 361,000 212,000 382,000 181,000 Property, Plant, and Equipment, Net $ 573,000 $ 563,000 Total Assets $598,000 Liabilities Total Current Liabilities $ 230,000 $ 119,000 247,000 99,000 Long-term Liabilities Total Liabilities 349.90 346,000 Stockholders' Equity Preferred Stock, 3% 104,000 120,000 104,000 113,000 Common Stockholders' Equity, no par 88,000 $ Total Liabilities and Stockholders' Equity 573,000 $ 563,000 Selected 2016 amounts Requirement Compute the rate of return on common stockholders buy for 2018 and 2017 Begin by selecting the formula to compute the rate of return on common stockholders'uty vend ockholder How computeren of tomon common stockholders equyu 2013 and 2017. Fond you nesto meter of percent XXX 2010 Now compute the earnings per share for 2018 and 2017. (Round your answers to the nearest cent. $XXX) 2018 2017 Requirement 1. Compute the pricelearnings ratio for 2018 and 2017, Begin by selecting the formula to compute the price/earnings ratio Pricelearnings ratio Now.compute the price/warnings ratio for 2018 and 2017 (Round your interim calculations and final answers to two decimal plu 2018 2017 Requirement 2. Decide (n) whether Ranfield's ability to pay debts and to sell inventory improved or deteriorated during 2018 at a) Did Ranfield's ability to pay its debts and to sell inventory improve or deteriorate during 2018? b) Did the investment attractiveness of Ranfield's common stock appear to have increased or decreased? i Income Statement the egy Banfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 467,000 $ 429,000 241,000 216,000 ar Cost of Goods Sold ra Gross Profit 226,000 132,000 213,000 130,000 Operating Expenses Income From Operations Rol 94,000 83,000 10,000 9,000 Interest Expense Income Before Income Tax 85,000 20,000 73,000 24,000 Income Tax Expense Net Income $ 65,000 $ 49,000 coch on Print Done i Balance Sheet Banfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 2016* Assets Current Assets Cash $ 91,000 $ 89,000 Accounts Receivables, Net 107.000 Merchandise Inventory 144,000 19.000 119,000 $ 102,000 165,000 208,000 9,000 Prepaid Expenses Total Current Assets 361,000 212,000 382,000 181,000 Property, Plant, and Equipment, Net $ 573,000 $ 563,000 Total Assets $598,000 Liabilities Total Current Liabilities 230,000 $ 119,000 247,000 99,000 Long-term Liabilities Total Liabilities 349,000 346,000 Cash $ 91,000 $ 89,000 107,000 119,000 $ 102,000 Accounts Receivables, Net Merchandise Inventory 165,000 208,000 144,000 19,000 Prepaid Expenses 9,000 Total Current Assets 361,000 212,000 382,000 181,000 Property, Plant, and Equipment, Net $ 573,000 $ 563,000 Total Assets $598,000 Liabilities Total Current Liabilities $ 230,000 $ 119,000 247,000 99,000 Long-term Liabilities Total Liabilities 349.90 346,000 Stockholders' Equity Preferred Stock, 3% 104,000 120,000 104,000 113,000 Common Stockholders' Equity, no par 88,000 $ Total Liabilities and Stockholders' Equity 573,000 $ 563,000 Selected 2016 amounts
