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warning objective P17.27 Using t o evaluate stock imeste alphone Comparative Balance Sheet Sales Rever Cost of Goods Property Part and Equent Net Liabilities Total

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warning objective P17.27 Using t o evaluate stock imeste alphone Comparative Balance Sheet Sales Rever Cost of Goods Property Part and Equent Net Liabilities Total Current Liabile Long to the 524 $ 222.000 113.000 335.000 36.000 Stockholders' Equity Preferred Stock, 4% Common stockholders' Equity, no par Total Liabilities and Stockholders' Equity 92,000 153.000 550.000 132 Accounts Rec Merchandise Prepaid Expo Total Currer Total Assets Total Current Total Liabilit Common Stc 51 par $1 par Total Stock Market Prie Dividends * Selected 2016 amounts 1. Market price of Sanfield's common stock: 551.48 at December 31, MR $37.08 December 31, 2017 2. Common shares outstanding 16,000 on December 31, 2018 and 15.000 ber 31, 2017 and 2016 3. All sales are on Credit Dec Selected halo Balance Accoun Requirements 1. Compute the following ratios for 2018 a. Current ratio b. Cash ratio c. Times-interest-camned ratio d. Inventory tumower e. Gross profit percentage Merch Total De equity ratio Rate of return on common stockholders' equity h. Earnings per share of common stod 1. Price/earnings ratio Com

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