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This is same question so do answer it. Find: Current Ratio Return on common stockholders equity Price Earning ratio Acid test ratio Accounts receivable turnover
This is same question so do answer it.
#S RATIO ANALYSIS Grant Corp. Comparative Balance Sheet 12/31/2021 2021 2020 Assets Cash Short-term investments Accounts receivable, net Inventory Property, plant & equipment, net Total assets 30,000 50,000 20,000 10,000 400,000 510,000 40,000 60,000 30,000 70,000 300,000 500,000 Liabilities & Stockholders' equity Accounts payable Short-term notes payable Bonds payable Common stock Retained earnings Total liabilities & stockholders' equity 30,000 20,000 200,000 150,000 110,000 510,000 30,000 90,000 160,000 150,000 70,000 500,000 Grant Corp. Income Statement 12/31/2021 Grant Corp. Income Statement 12/31/2021 400,000 240,000 160,000 Net sales Cost of goods sold Gross profit Expenses Operating expenses Interest expense Total expenses Income before income taxes Income tax expense Net Income 60,000 10,000 70,000 90,000 27,000 63,000 + - ADDITIONAL INFORMTION Cash dividends were declared and paid during the year 23,000 Weighted average number of shares of common stock outstanding for the year Market value of common stock on December 31 $ 21 per share 20,000 INSTRUCTIONS: Using the financial statements and additional information, compute the following ratios for the company for 2021. Show all computations Find:
Current Ratio
Return on common stockholders equity
Price Earning ratio
Acid test ratio
Accounts receivable turnover
Times Interest Earned
Profit Margin
Days in Inventory
Pay out ratio
Return on Assets
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