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The following financial information was taken from a firm's accounting records on December 31, 20X1. Use this information to determine the items below. Accounts
The following financial information was taken from a firm's accounting records on December 31, 20X1. Use this information to determine the items below. Accounts Payable Bonds Payable, 20x5 Common Stock ($20 par value) Retained Earnings $ 153,000 113,000 132,000 227,040 Market price of the common stock on December 31, 20X1 was $60. 1. Ratio of stockholders' equity to total equities 2. Ratio of stockholders' equity to total liabilities 3. Book value per share of common stock Note: Round your answers to 2 decimal places. 1. Stockholders' equity to total equities 2. Stockholders' equity to total liabilities 3. Book value per share of common stock to 1 to 1
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