10. Times interest earned er 12. Return on total assets odiolders cquily 14. Return on common stockholders' equity ock 17. Dividends per share of common stock 18. Dividend yield Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Sales .. Cost of goods sold.. Gross profit .. Selling expenses Administrative expenses. Total operating expenses Income from operations. Other income. $10,000,000 $9,400,000 4,950,000 $4450,000 $1,880,000 5,350,000 $ 4,650,000 $ 2,000,000 1,500,000 $ 3,500,000 $ 1,150,000 150,000 $ 1,300,000 170,000 $ 1,130,000 1,410,000 $3,290,000 $1,160,000 140,000 $1,300,000 Other expense (interest)... Income before income tax Income tax expense. Net income.... 150,000 $1,150,000 225,000 $ 925,000 230,000 $ 900,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Υ1 Assets Current assets: Cash $ 500,000 $ 400,000 Marketable securities... 1,010,000 1,000,000 Accounts receivable (net). 740,000 510,000 Inventories. 1,190,000 950,000 Prepaid expenses Total current assets.. Long-term investments.. Property, plant, and equipment (net) Total assets.. 250,000 229.000 $3,089,000 $3,690,000 2,350,000 2,300,000 3,740,000 $9,780,000 3.366,000 $8,755,000 Liabilities Current liabilities... Long-term liabilities: Mortgage note payable, 10%... Bonds payable, 10 %.... Total long-term liabilities . Total liabilities. $ 900,000 $ 880,000 $ 200,000 1,500,000 $1,700,000 $2.600,000 1,500,000 $1,500,000 $2.380,000 Stockholders' Equity Preferred $0.90 stock, $10 par. Common stock, $5 par.... Retained earnings..... Total stockholders'equity..... Total liabilities and stockholders' equity.. $ 500,000 $ 500,000 500,000 500,000 6,180,000 $7,180,000 $9.780,000 5,375,000 $6,375,000 $8.755,000 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Retained earnings, January 1... Net income.. Total Dividends: On preferred stock On common stock.. Total dividends.... Retained earnings, December 31 $4,545,000 925,000 $5,470,000 $5,375,000 900,000 $6,275,000 $ 45,000 $ 45,000 50,000 $ 95,000 $6,180,000 50,000 $95,000 $5,375,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts:

Fundamentals of Financial Management (MindTap Course List)
15th Edition
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...
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I need help on 10, 12,14,17 and 18 please please please please. 

10. Times interest earned
er
12. Return on total assets
odiolders cquily
14. Return on common stockholders' equity
ock
17. Dividends per share of common stock
18. Dividend yield
Transcribed Image Text:10. Times interest earned er 12. Return on total assets odiolders cquily 14. Return on common stockholders' equity ock 17. Dividends per share of common stock 18. Dividend yield
Stargel Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Υ2
20Υ1
Sales ..
Cost of goods sold..
Gross profit ..
Selling expenses
Administrative expenses.
Total operating expenses
Income from operations.
Other income.
$10,000,000
$9,400,000
4,950,000
$4450,000
$1,880,000
5,350,000
$ 4,650,000
$ 2,000,000
1,500,000
$ 3,500,000
$ 1,150,000
150,000
$ 1,300,000
170,000
$ 1,130,000
1,410,000
$3,290,000
$1,160,000
140,000
$1,300,000
Other expense (interest)...
Income before income tax
Income tax expense.
Net income....
150,000
$1,150,000
225,000
$ 925,000
230,000
$ 900,000
Stargel Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2
20Υ1
Assets
Current assets:
Cash
$ 500,000
$ 400,000
Marketable securities...
1,010,000
1,000,000
Accounts receivable (net).
740,000
510,000
Inventories.
1,190,000
950,000
Prepaid expenses
Total current assets..
Long-term investments..
Property, plant, and equipment (net)
Total assets..
250,000
229.000
$3,089,000
$3,690,000
2,350,000
2,300,000
3,740,000
$9,780,000
3.366,000
$8,755,000
Liabilities
Current liabilities...
Long-term liabilities:
Mortgage note payable, 10%...
Bonds payable, 10 %....
Total long-term liabilities .
Total liabilities.
$ 900,000
$ 880,000
$ 200,000
1,500,000
$1,700,000
$2.600,000
1,500,000
$1,500,000
$2.380,000
Stockholders' Equity
Preferred $0.90 stock, $10 par.
Common stock, $5 par....
Retained earnings.....
Total stockholders'equity.....
Total liabilities and stockholders' equity..
$ 500,000
$ 500,000
500,000
500,000
6,180,000
$7,180,000
$9.780,000
5,375,000
$6,375,000
$8.755,000
Stargel Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Υ2
20Υ1
Retained earnings, January 1...
Net income..
Total
Dividends:
On preferred stock
On common stock..
Total dividends....
Retained earnings, December 31
$4,545,000
925,000
$5,470,000
$5,375,000
900,000
$6,275,000
$ 45,000
$ 45,000
50,000
$ 95,000
$6,180,000
50,000
$95,000
$5,375,000
Instructions
Determine the following measures for 20Y2, rounding
to one decimal place including percentages, except
for per-share amounts:
Transcribed Image Text:Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Sales .. Cost of goods sold.. Gross profit .. Selling expenses Administrative expenses. Total operating expenses Income from operations. Other income. $10,000,000 $9,400,000 4,950,000 $4450,000 $1,880,000 5,350,000 $ 4,650,000 $ 2,000,000 1,500,000 $ 3,500,000 $ 1,150,000 150,000 $ 1,300,000 170,000 $ 1,130,000 1,410,000 $3,290,000 $1,160,000 140,000 $1,300,000 Other expense (interest)... Income before income tax Income tax expense. Net income.... 150,000 $1,150,000 225,000 $ 925,000 230,000 $ 900,000 Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Υ1 Assets Current assets: Cash $ 500,000 $ 400,000 Marketable securities... 1,010,000 1,000,000 Accounts receivable (net). 740,000 510,000 Inventories. 1,190,000 950,000 Prepaid expenses Total current assets.. Long-term investments.. Property, plant, and equipment (net) Total assets.. 250,000 229.000 $3,089,000 $3,690,000 2,350,000 2,300,000 3,740,000 $9,780,000 3.366,000 $8,755,000 Liabilities Current liabilities... Long-term liabilities: Mortgage note payable, 10%... Bonds payable, 10 %.... Total long-term liabilities . Total liabilities. $ 900,000 $ 880,000 $ 200,000 1,500,000 $1,700,000 $2.600,000 1,500,000 $1,500,000 $2.380,000 Stockholders' Equity Preferred $0.90 stock, $10 par. Common stock, $5 par.... Retained earnings..... Total stockholders'equity..... Total liabilities and stockholders' equity.. $ 500,000 $ 500,000 500,000 500,000 6,180,000 $7,180,000 $9.780,000 5,375,000 $6,375,000 $8.755,000 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Retained earnings, January 1... Net income.. Total Dividends: On preferred stock On common stock.. Total dividends.... Retained earnings, December 31 $4,545,000 925,000 $5,470,000 $5,375,000 900,000 $6,275,000 $ 45,000 $ 45,000 50,000 $ 95,000 $6,180,000 50,000 $95,000 $5,375,000 Instructions Determine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts:
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