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TestDank Exercise 91 The following information pertains to Sunland Company: Cash Accounts receivable Inventory Plant assets (net) Total assets $19,000 126,000 75,000 382,500 $602,500 Accounts
TestDank Exercise 91 The following information pertains to Sunland Company: Cash Accounts receivable Inventory Plant assets (net) Total assets $19,000 126,000 75,000 382,500 $602,500 Accounts payable Accrued taxes and expenses payable Long-term debt Common stock ($10 par) Paid-in capital in excess of par Retained earnings Total equities $75,500 24,500 48,500 155,000 89,500 209,500 $602,500 Net sales (all on credit) Cost of goods sold Net income $800,500 601,500 80,500 Compute the following: (Round answers to 2 decimal places e.g. 15.25.) (a) Current ratio Inventory turnover times (c) Accounts receivable turnover times Book value per share Earnings per share Debt to assets (g) Profit margin on sales (h) Return on common stockholders' equity Click if you would like to Show Work for this question: Open Show Work
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