Question
Use the following data to calculate the liquidity and profitability ratios listed below. Average common shares outstanding20,000Current liabilities$120,000 Capital expenditures$20,000Net income40,000 Cash provided by operating
Use the following data to calculate the liquidity and profitability ratios listed below.
Average common shares outstanding20,000Current liabilities$120,000
Capital expenditures$20,000Net income40,000
Cash provided by operating activities42,000Net sales160,000
Dividends paid to common stockholders7,000Total liabilities145,000
Current assets220,000Total assets380,000
Instructions
Compute the following:
(a)Current ratio.(d)Debt to assets ratio.
(b)Working capital.(e)Free cash flow.
(c)Earnings per share.
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MIS Management Information Systems
Authors: Hossein Bidgoli
8th edition
978-1337406932, 1337406937, 978-1337406925, 1337406929, 978-0357004357
