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The financial statements of El Camino Company appear below: Additional information: a. Cash dividends of $50,000 were declared and paid on common stock in 2021.
The financial statements of El Camino Company appear below: Additional information: a. Cash dividends of $50,000 were declared and paid on common stock in 2021. b. The weighted-average number of shares of common stock outstanding during 2021 was 50,000. c. The market price of common stock on December 31,2021 , was $16 per share. d. Net cash provided by operating activities for 2021 was $70,000. Instructions Using the financial statements and additional information, compute the following ratios for the EI Camino Company for 2021. Show all computations. Computations 1. Current ratio 2. Return on common stockholders' equity 3. Price-earnings ratio 4. Inventory turnover 5. Accounts receivable turnover 6. Times interest eamed 7. Profit margin 8. Days in inventory 9. Payout ratio 10. Return on assets
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