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Westside Company Statement of Financial Position December 31, Year 2 and Year 1 (dollars in thousands) Year 2 Year 1 Current Assets: Cash And Marketable
Westside Company Statement of Financial Position December 31, Year 2 and Year 1 (dollars in thousands) Year 2 Year 1 Current Assets: Cash And Marketable Securities Accounts Receivable, $ 180 $ 170 $ 140 $ 120 $ 160 $ 180 Inventory Prepaid Expenses Total Current Assets $ 50 $ 40 $ 530 $ 510 Noncurrent Assets: $1,370 $1,370 Plant & Equipment, Net Total Assets $1,900 $1,880 $ 150 $ 190 $ 70 $ 80 $ 140 $ 150 $360 $ 420 $ 280 $ 300 Current Liabilities: Accounts Payable Accrued Liabilities Notes Payable, Short Term Total Current Liabilitles Noncurrent Liabilities: Bonds Payable Total Liabilities Shareholders' Equity Preferred Shares, $20 Par, 10% Common Shares, $10 Par Additional Paid-In Capital-Common Shares Retained Earnings Total Shareholders' Equity Total Liabilities & Shareholders' Equity $ 640 $ 720 $ 100 $ 100 $ 240 $ 240 $ 180 $ 180 $ 740 $ 640 $1,260 $1,160 $1.900 $1,880 Westside Company Income Statement For the Year Ended December 31, Year 2 (dollars in thousands) $2,250 $1,570 $ 680 $ 270 Sales (All on Account) Cost of Goods Sold Gross Margin Operating Expenses Net Operating Income Interest Expense Net Income before Taxes Income Taxes (30%) Net Income $ 410 $ 30 $ 380 $ 114 $ 266 Total dividends during Year 2 totalled $166,000, of which $10,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $150. E. Westside Company's return on total assets for Year 2 was closest to which of the following? F. Westside company's return on common shareholders' equity for Year 2 was closest to which of the following? G. Westside Company's book value per share at the end of Year 2 was closest to which of the following
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