All sales were on account. Net cash provided by operating activities for 2017 was $234,000. Capital expenditures were $136,000, and cash dividends were $61,000.Compute the following ratios for 2017.(a) Earnings per share $ (b) Return on common stockholders’ equity %(c) Return on assets %(d) Current ratio :1(e) Accounts receivable turnover times(f) Average collection period days(g) Inventory turnover times(h) Days in inventory days(i) Times interest earned times(j) Asset turnover times(k) Debt to assets ratio %(l) Free cash flow

Name: All sales were on account. Net cash provided by operating activities f
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Description: All sales were on account. Net cash provided by operating activities for 2017 was $234,000. Capital expenditures were $136,000, and cash dividends were $61,000.Compute the following ratios for 2017.(a) Earnings per share $ (b) Return on common stock

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Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 4PA: Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall...

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All sales were on account. Net cash provided by operating activities for 2017 was $234,000. Capital expenditures were $136,000, and cash dividends were $61,000.

Compute the following ratios for 2017.

(a)	Earnings per share	$
(b)	Return on common stockholders’ equity		%
(c)	Return on assets		%
(d)	Current ratio		:1
(e)	Accounts receivable turnover		times
(f)	Average collection period		days
(g)	Inventory turnover		times
(h)	Days in inventory		days
(i)	Times interest earned		times
(j)	Asset turnover		times
(k)	Debt to assets ratio		%
(l)	Free cash flow

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