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This company paid dividends of $3.15 per share during the year. The market price of the company's shares at Dec 31 was $63 per share.

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This company paid dividends of $3.15 per share during the year. The market price of the company's shares at Dec 31 was $63 per share. Assets at the beginning of the year totalled $1,100,000 and shareholders' equity totalled $725,000. The balance of accounts receivable at the beginning of the year was $150,000. The balance in inventory at the beginning of the year was $250,000.
Calculate:
Times interest earned
Debt to equity ratio
Dividend payout ratio
Dividend yield ratio
AAR Company Balance Sheet December 31 Cash and marketable securities Accounts receivable, 521000 160.000 300.000 9.000 490,000 Prepaid expenses NO n eguipmen 310.000 51.300.000 200.000 $2009 100.000 90.000 BC0.000 $1.300.000 Des & hareholders AAR Company Income Statement For the Year Ended December 31 Idollars in thousands 100.000 5105.000

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