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The following financial information is for Carla Vista Company. 2019 2020 % Change Return on common stockholders' equity Debt to assets ratio Price earnings ratio
The following financial information is for Carla Vista Company. 2019 2020 \% Change Return on common stockholders' equity Debt to assets ratio Price earnings ratio \begin{tabular}{rr} \hline & times \\ \hline \end{tabular} The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2019, and (2) as of December 31, 2020, after giving effect to the situation. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%. If \% change is a decrease show the numbers as negative, e.g. 1.83% or (1.83\%).) Compute the liquidity and profitability ratios of Carla Vista Company for 2018 and 2019. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%. If \% change is a decrease show the numbers as negative, e.g. 1.83% or (1.83\%).) Additional information: 1. Inventory at the beginning of 2018 was $116,000. 2. Accounts receivable (net) at the beginning of 2018 were $90,000. 3. Total assets at the beginning of 2018 were $634,000. 4. No common stock transactions occurred during 2018 or 2019. 5. All sales were on account. 2018 2019 \% Change PROFITABILITY Profit margin Asset turnover Return on assets Earnings per share times % $ 1.12 times $2.74
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