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The following information pertains to Oriole Company: Cash $22,000 Accounts receivable 125,500 Inventory 75,500 Plant assets (net) 384,500 Total assets $607,500 Accounts payable $75,000 Accrued
The following information pertains to Oriole Company:
Cash | $22,000 | ||
Accounts receivable | 125,500 | ||
Inventory | 75,500 | ||
Plant assets (net) | 384,500 | ||
Total assets | $607,500 | ||
Accounts payable | $75,000 | ||
Accrued taxes and expenses payable | 25,000 | ||
Long-term debt | 49,500 | ||
Common stock ($10 par) | 155,000 | ||
Paid-in capital in excess of par | 88,500 | ||
Retained earnings | 214,500 | ||
Total equities | $607,500 | ||
Net sales (all on credit) | $801,500 | ||
Cost of goods sold | 602,000 | ||
Net income | 81,000 |
Compute the following:
(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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