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The following information is available from the annual reports of Sandhill Company and Wildhorse Company. Sales Gross profit Net income Current assets Beginning total assets
The following information is available from the annual reports of Sandhill Company and Wildhorse Company. Sales Gross profit Net income Current assets Beginning total assets Ending total assets Current liabilities Total liabilities Average common shares outstanding Preferred stock dividends paid (amounts in millions) Sandhill Wildhorse $27,570 $34,910 6,680 8,830 600 1,240 12,879 30,600 17,170 33,230 22,100 36,880 7,950 15,000 15,691 29,504 250 500 0 O For each company, compute the following ratios: (Round current ratio to 2 decimal places, e.g. 1.55:1, debt to assets ratio to 0 decimal places, e.g. 125% and earnings per share to 2 decimal places, e.g. $2.25.) Sandhill Wildhorse 1. Current ratio :1 :1 2. Debt to assets ratio % % 3. Earnings per share $ $
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