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The following information pertains to Ivanhoe Company: Cash $22,500 Accounts receivable 125,500 Inventory 75,000 Plant assets (net) 383,000 Total assets $606,000 Accounts payable $74,500 Accrued
The following information pertains to Ivanhoe Company:
Cash | $22,500 | ||
Accounts receivable | 125,500 | ||
Inventory | 75,000 | ||
Plant assets (net) | 383,000 | ||
Total assets | $606,000 | ||
Accounts payable | $74,500 | ||
Accrued taxes and expenses payable | 25,500 | ||
Long-term debt | 49,500 | ||
Common stock ($10 par) | 160,000 | ||
Paid-in capital in excess of par | 88,500 | ||
Retained earnings | 208,000 | ||
Total equities | $606,000 | ||
Net sales (all on credit) | $805,000 | ||
Cost of goods sold | 604,500 | ||
Net income | 81,500 |
Compute the following: (Round answers to 2 decimal places e.g. 15.25.)
(a) | Current ratio | : 1 | ||||
(b) | Inventory turnover | times | ||||
(c) | Accounts receivable turnover | times | ||||
(d) | Book value per share | $ | ||||
(e) | Earnings per share | $ | ||||
(f) | Debt to assets | % | ||||
(g) | Profit margin on sales | % | ||||
(h) | Return on common stockholders equity | % |
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