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The comparative financial statements prepared at December 31, for Carpenter Inc. showed the following summarized data: *One-third was credit sales. **During 2016, cash dividends amounting

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The comparative financial statements prepared at December 31, for Carpenter Inc. showed the following summarized data: *One-third was credit sales. **During 2016, cash dividends amounting to $6,000 were declared and paid. The stock price is currently selling at $20 per share. Required: Compute the following 5 ratios found on your answer sheet for 2016 based on the information for Carpenter Inc

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