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Yadier Corporations comparative balance sheets are presented below. Yadier Corporation Balance Sheets December 31 2014 2013 Cash $4,280 $3,370 Accounts receivable 22,120 23,690 Inventory 10,330
Yadier Corporations comparative balance sheets are presented below.
Yadier Corporation Balance Sheets December 31 | ||||
2014 | 2013 | |||
Cash | $4,280 | $3,370 | ||
Accounts receivable | 22,120 | 23,690 | ||
Inventory | 10,330 | 7,190 | ||
Land | 19,790 | 25,600 | ||
Buildings | 70,100 | 70,100 | ||
Accumulated depreciationbuildings | (15,140 | ) | (10,060 | ) |
Total | $111,480 | $119,890 | ||
Accounts payable | $12,570 | $30,600 | ||
Common stock | 75,680 | 70,610 | ||
Retained earnings | 23,230 | 18,680 | ||
Total | $111,480 | $119,890 |
Yadiers 2014 income statement included net sales of $115,190, cost of goods sold of $60,870, and net income of $14,960.
Compute the following ratios for 2014.(Round percentage answers to 1 decimal place, e.g. 1.6% and all other answers to 2 decimal places, e.g. 1.64, or 1.64% .)
Current ratio | :1 | |
Acid-test ratio | :1 | |
Accounts receivable turnover | times | |
Inventory turnover | times | |
Profit margin | % | |
Asset turnover | times | |
Return on assets | % | |
Return on common stockholders equity | % | |
Debt to total assets ratio | % |
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