The following information pertains to Tyson Company Cash ...................................................................................$40,000 Accounts receivable .........................................................$125,000 Merchandise inventory .......................................................$75,000 Plant assets

Question:

The following information pertains to Tyson Company

Cash ...................................................................................$40,000

Accounts receivable .........................................................$125,000

Merchandise inventory .......................................................$75,000

Plant assets (net) ...............................................................$360,000

Total assets ........................................................................$600,000

Accounts payable ................................................................$55,000

Accrued taxes and expenses payable ...................................$25,000

Long-term debt ...................................................................$120,000

Common stock ($10 par) ....................................................$160,000

Paid-in capital in excess of par .............................................$40,000

Retained earnings ...............................................................$200,000

Total equities .......................................................................$600,000

Net sales (all on credit) .......................................................$900,000

Cost of goods sold ...............................................................675,000

Net income ............................................................................72,000

Instructions

Compute the following: (It is not necessary to use averages for any balance sheet figures involved.)

(a) Current ratio

(b) Inventory turnover

(d) Book value per share

(e) Earnings per share

(f) Debt to total assets

(g) Profit margin on sales

(h) Return on common stock equity

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...