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The Bedford corp reported the following income statementand balance sheet amount and additional information for the end of the current year Current year End of
The Bedford corp reported the following income statementand balance sheet amount and additional information for the end of the current year
Current year End of Prio year
Net sales revenue(all credit) - $1220,000
Cost of goods sold - $725000
Gross profit - $495000
selling/general expenses $280,000
internal expense - $280,000
Net income - $173,000
Current assets - $113,000 $82,000
Long term assets - $512000 $440,000
Total assets - $625,000 $522,000
current liabilities - $57,000 $52000
long term liabilities - $275,000 $245,000
common stockholders equity - $293000 $225,000
Tot Liabilts and stockholders equity- $625000 $522,000
Inventory and prepaid expenses account for 30,000 of the currnt year'sassets
average inventory for the current year is $36250
average net account recievable for the currnt year is $45000
there is 35,000 shares of common stock oustanding
total dividends paid during the current year were $17,000
the market price per share of common stock is $20
Please comment financial situation of company
minimum ratios you have to calculate:
current ratio, quick ratio, financial cirlce, gross profit margin, net profit margin, rentability of assets, rentability of equity, debt ratio, times interest earn, earning per share, dividend yield, book value per share
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