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SECTION D-STATEMENT ANALYSI640% Condensed data taken from the balance shoot at the end of the current year are as follows: Anonta Cash... Markotable socurities Accounts
SECTION D-STATEMENT ANALYSI640% Condensed data taken from the balance shoot at the end of the current year are as follows: Anonta Cash... Markotable socurities Accounts recelvable Merchandise Inventory Prepald expenses Plant assots (net) $ 160,000 75,000 275,000 225,000 25,000 1,250,000 Llabilities and Stockholders' Equity Account payablo Notes payable (short-term, non-Interest-bearing) Accrued liabilities ... Bonds payablo, 10%, due 2003 Preferred 0% stock, $50 par Common stock, $20 par Pald-In capital in excess of par-common stock. Retained earnings $ 380,000 100,000 20,000 500,000 200,000 500,000 40,000 260,000 Selected data related to the 12 months of the current year indicate the following: Average accounts recelvable. Average common stockholders' sulty Averago stockholders' equity. Average total assets Cash dividends pald on common stock Income boforo Income tax Interest expense Not Income... Not sales (on account) $ 250,000 750,000 850,000 1,950,000 75,000 152,500 50,000 120,000 1,875,000 The common stock was selling for $51 per share at the end of the current year. INSTRUCTIONS: Compute the analytical measures listed below, rounding to one decimal point, and Insert answers In the Answers column. Answers For Scoring 2.5.1 0. 1 2 S 3 0. Ratio of plant assets to long-term llablilities 1. Aald-test ratio 2. Current ratio 3. Working capital 4. Accounts recalvable turnover. 5. Rate sa med on total assets 6. Rate eared on common stockholders' equity 7. Number of times preferred dividends were earned 6. Earnings per share on common stock. 9. Price-eamings ratlo on common stock 10. Dividend yield on common stock. 7 $ 8. 9. 10
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