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show all work Maxwell Corporation declared and paid a cash dividend of $7,425 in the current year. Its comparative financial statements, prepared at December 31,
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Maxwell Corporation declared and paid a cash dividend of $7,425 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information $317.000 165,650 151,350 50.600 3.900 36.950 26,05 $ 60,795 Previo $261,000 100.000 113.000 40.930 5,170 57,90 17,270 40.500 These Statenet Sevenue Coat of Goods Sold Gene Profit Operating Tennes Interest pas Trece before. The Tax Expense Those Tax Expose (301) Net Income Malance Sheet Cash not Receivable. Net Inventory Property and Thurent, Set Total Assets Mots Payable Tom Tax Payable Sotien Payable (long-tem) Total Liabilities Connor stock (per 11 Retained fringe Total Liabilities and stockholdere Equity $ 65,745 20.900 44.000 145.000 $ 205,645 36,500 4.425 96.400 137,325 26.400 111.920 $ 295,645 43,700 25.500 61,000 134,200 $ 244,400 34,500 3.750 111.300 149,450 16,400 58.550 246,400 Required: 1. Compute the gross profit percentage in the current and previous years, Are the current year results better or worse than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better or worse than those for the previous year? 2. Compute the earnings per share for the current and previous years. Are the current year results better or worse than those for the previous year? 4. Stockholders' equlty totaled $84,000 at the beginning of the previous year. Compute the return on equity ratios for the current and previous years. Are the current year results better, or worse than those for the previous year? 5. Net property and equipment totaled $134,000 at the beginning of the previous year Compute the fixed asset turnover ratios for the current and previous years. Are the current year results better or worse than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current year results better, or worse than those for the previous year? 8. After Maxwell released its current-year financial statements, the company's stock was trading at $29. After the release of its previous year financial statements, the company's stock price was $16 per share. Compute the PE ratios for both years. Does appear that investors have become more or less optimistic about Maxwell's future success? Complete this question by entering your answers in khe tabs below. Required: Required 2 Required) Required 4 Required 5 Required 6 Required Required 1-a. Compute the gross profit percentage in the current and previous year. (Round percentage value to 1 decimal place) 1-b. Are the current-year results better, or worse than those for the previous year? 1- Current Year 1- Previous Year 1. Current year gross profit percentage Complete this question by entering your answers in the tabs below. nice Required 1 Required 2 Required 3 Required 4 Required Required 6 Required 7 Required 2-a. Compute the net profit margin for the current and previous years. (Round percentage values to 1 decimal place.) 2-b. Are the current-year results better, or worse, than those for the previous year? 2-a. Current Year 2-a. Previous Year 2-b. Current year net profit margin? % % Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 3-a. Compute the earnings per share for the current and previous years. (Round your answers to 2 decimal places.) 3-b. Are the current-year results better, or worse, than those for the previous year? 3-a. Current Year 3-a. Previous Year 3-b. Current year EPS? Prev 2 of 2 M Next Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Rquired 4 Required 5 Required 6 Required 7 Required B 4-a. Stockholders' equity totaled $84,000 at the beginning of the previous year. Compute the return on equity ratios for the current and previous years. (Round percentage values to 1 decimal place.) 4-b. Are the current-year results better, or worse, than those for the previous year? 4-a. Current Year 4-a. Previous Year 4-6. Current year retum on equity ratio? Step by Step Solution
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