Seven Metrics
Seven metrics The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. Assuming that there are no intar Property, plant, and equipment (net) $1,358,300 Liabilities: Current liabilities $161,000 Mortgage note payable, 10%, ten-year note issued two years ago 799,000 Total liabilities $960,000 Stockholders' equity: $1,440,000 Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: 1,440,000 $1,536,000 Balance, beginning of year Net income 566,000 $2,102,000 Preferred dividends $28,800 Common dividends 153,200 (182,000) Balance, end of year 1,920,000 Total stockholders' equity $4,800,000 nnn Total stockholders' equity $4,800,000 Sales $13,132,800 Interest expense $141,616 Beginning-of-the-year amounts: Property, plant, and equipment (net) $ 2,880,000 Total assets 5,472,000 Retained earnings 1,536,000 Determine the following: (a) debt ratio, (b) ratio of fixed assets to long-term liabilities, (c) ratio of liabilities to stockholders' equity, (d) asset turnover, (e) return on total assets, (f) return on stockholders' equity, and (9) return on common stockholders' equity. Round to two decimal places. a. Debt ratio 16.67 % b. Ratio of fixed assets to long-term liabilities 1.7 c. Ratio of liabilities to stockholders' equity 0.2 d. Asset turnover 6.20 e. Return on total assets 4.25 X % f. Return on stockholders' equity 9.36 X % g. Return on common stockholders' equity % Seven metrics The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. Assuming that there are no intar Property, plant, and equipment (net) $1,358,300 Liabilities: Current liabilities $161,000 Mortgage note payable, 10%, ten-year note issued two years ago 799,000 Total liabilities $960,000 Stockholders' equity: $1,440,000 Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: 1,440,000 $1,536,000 Balance, beginning of year Net income 566,000 $2,102,000 Preferred dividends $28,800 Common dividends 153,200 (182,000) Balance, end of year 1,920,000 Total stockholders' equity $4,800,000 nnn Total stockholders' equity $4,800,000 Sales $13,132,800 Interest expense $141,616 Beginning-of-the-year amounts: Property, plant, and equipment (net) $ 2,880,000 Total assets 5,472,000 Retained earnings 1,536,000 Determine the following: (a) debt ratio, (b) ratio of fixed assets to long-term liabilities, (c) ratio of liabilities to stockholders' equity, (d) asset turnover, (e) return on total assets, (f) return on stockholders' equity, and (9) return on common stockholders' equity. Round to two decimal places. a. Debt ratio 16.67 % b. Ratio of fixed assets to long-term liabilities 1.7 c. Ratio of liabilities to stockholders' equity 0.2 d. Asset turnover 6.20 e. Return on total assets 4.25 X % f. Return on stockholders' equity 9.36 X % g. Return on common stockholders' equity %
