Question

Vaughn Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans:

Particulars /Years Return on Assets Profit Margin on sales Earning per share Price Earnings Ratio (Times) Current Ratio (TimeCalculations Return on Assets=Net Income/Total Assets 2400 1380 800 700 250 22070 10.87% 19110 7.22% 11380 7.03% 4170 16.79%

Price Earning Ratio=Average Market Price/Earning Per share 1.2 7.5 0.69 8.70 0.4 10 - - Current Rato=Current assets/Current L

Add a comment
Know the answer?
Add Answer to:
Vaughn Inc. went public 3 years ago. The board of directors will be meeting shortly after...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Tamarisk Inc. went public 3 years ago. The board of directors will be meeting shortly after...

    Tamarisk Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily through the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary of Tamarisk Inc. operations. ($000 omitted) 2021 2020 2019 2018 2017 Sales revenue $19,990 $15,980 $13,870 $5,940 $3,980 Net income 2,430 1,410 800...

  • Question 9 of 9 < - /3.8 = View Policies Current Attempt in Progress Cheyenne Inc....

    Question 9 of 9 < - /3.8 = View Policies Current Attempt in Progress Cheyenne Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily through the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary of Cheyenne Inc. operations. Sales revenue Net income Average...

  • Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of...

    Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 3,181 $ 3,257 Accounts payable $ 2,158 $ 2,610 Accounts receivable 4,762 5,771 Notes payable 1,755 2,126 Inventory 12,498 13,772 Other 91 108 Total $ 20,441 $ 22,800 Total $ 4,004 $ 4,844 Long-term debt $ 13,300 $ 16,060 Owners’ equity Common stock and...

  • Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of...

    Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 3,061 $ 3,057 Accounts payable $ 2,178 $ 2,650 Accounts receivable 4,742 5,731 Notes payable 1,775 2,166 Inventory 12,578 13,732 Other 95 112 Total $ 20,381 $ 22,520 Total $ 4,048 $ 4,928 Long-term debt $ 12,900 $ 15,660 Owners’ equity Common stock and...

  • Some recent financial statements for Smolira Golf, Inc., follow SMOLIRA GOLF, INC. Balance Sheets as of...

    Some recent financial statements for Smolira Golf, Inc., follow SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable Inventory 3,151 3,207 5,761 13.762 $20,426 $22,730 Accounts payable Notes payable Other 5 2,163 2,620 2.136 109 4,015 $ 4,865 $13,200 $15,960 4.757 12,518 1,760 92 Total Long-term debt Owners' equity Total Common stock and paid-in surplus Accumulated retained earnings $39,000 $39.000 39,258 $54,664...

  • Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows....

    Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $63 on December 31, 2016. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 2016 2015 Retained earnings, January 1 Add net income for year $1,028,375 227,200 $873,425 178,900 $1,052,325 Total $1,255,575 Deduct dividends On preferred stock On common stock Total $7,700 16,250 $7,700 16,250 $23,950 $1,028,375 $23,950 Retained...

  • Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows....

    Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $63 on December 31, 2016. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 2016 2015 Retained earnings, January 1 $1,421,300 Add net income for year 316,800 $1,212,400 248,300 $1,460,700 $1,738,100 Total Deduct dividends On preferred stock On common stock Total $10,500 28,900 $10,500 28,900 $39,400 $39,400 Retained earnings,...

  • The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc....

    The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $55 on December 31, 2016. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015     2016     2015 Retained earnings, January 1 $1,029,350 $873,250 Add net income for year 224,000 178,800 Total $1,253,350 $1,052,050 Deduct dividends On preferred stock $7,700 $7,700 On common stock 15,000 15,000 Total $22,700 $22,700 Retained earnings, December 31 $1,230,650 $1,029,350 Blige Inc....

  • Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows....

    Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $64 on December 31, 2016. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015     2016     2015 Retained earnings, January 1 $4,221,375 $3,569,725 Add net income for year 976,800 731,200 Total $5,198,175 $4,300,925 Deduct dividends On preferred stock $12,600 $12,600 On common stock 66,950 66,950 Total $79,550 $79,550 Retained earnings,...

  • Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows....

    Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $62 on December 31, 2016. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015     2016     2015 Retained earnings, January 1 $3,074,900 $2,593,500 Add net income for year 720,000 531,200 Total $3,794,900 $3,124,700 Deduct dividends On preferred stock $9,100 $9,100 On common stock 40,700 40,700 Total $49,800 $49,800 Retained earnings,...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT