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Summary information from the financial statements of two companies competing in the same industry follows. Barco yan Company Company Data from the current year-end balance
Summary information from the financial statements of two companies competing in the same industry follows. Barco yan Company Company Data from the current year-end balance sheets Assets Cash 22,000 $ 35,000 Accounts receivable, net 33,400 54,400 Current notes receivable (trade) Merchandise inventory 9,900 8,800 84,640 142,500 Prepaid expenses 7,600 5,700 Plant assets, net 360,000 307,400 Total assets 515,640 $ 555,700 Liabilities and Equity Current 1iabilities 62,340 $ 101,300 Long-term notes payable Common stock, $5 par value Retained earnings 80,800 103,000 190,000 226,000 182,500 125,400 Total liabilities and equity 515,640 $ 555,700 Data from the current year's income statement Sales 770,000 $ 895,200 Cost of goods sold Interest expense 590,100 642,500 8,800 18,000 Income tax expense 14,800 24,714 Net income 156,300 209,986 Basic earnings per share Cash dividends per share 4.11 4.65 3.71 3.97 Beginning-of-year balance sheet data Accounts receivable, net 29,800 $ 56,200 Current notes receivable (trade) Merchandise inventory 61,600 113,400 Total assets 398,000 382,500 Common stock, $5 par value Retained earnings 190,000 226,000 167,180 94,858 Complete this question by entering your answers in the tabs below. 2A Ret On 2A Pro Marg Ratio 2A Tot Asset 2A Ret on Tot 2A Price Earn 2A Div Yield Req 2B Com Stock Turn Assets Ratio Equity For both companies compute the return on common stockholders' equity (d) Return on Common Stockholders' Equity Company Choose Numerator: Choose Denominator =Return On Common Stockholders' Equity Net income Preferred dividends Average common stockholders' equity =Return On common stockholders' equity 156,300 209,986 0 % Barco Kyan 0 % K2A Ret on Tot Assets 2A Price Earn Ratio
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