Homework Answers
Answer:
a.Current Ratio = Current Assets / Current Liabilities = 7620 / 2850 = 2.67
b.Debt Ratio = Total Liabilities / Total Assets = 42850 / 118467 = 0.362
c.Earning per share = Net Income / Outstanding Shares = $38910 / 1500 = $25.91
d.Price Earnings Ratio = Market Price / EPS = $50 / $25.91 = 1.93
e.Rate of Return on Total Assets = $38910 / $118467 = 32.84%
f.Rate of Return on Common Stockholders Equity = Net Income / Avg.Common Stockholders Equity
= $38910 / ( 45000 + 30617 + 51334 ) / 2
= $38910 / 63476
= 61.30%
OR $38910 / (45000 + 30617) = 51.46%
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