FILLING IN THE RATIOS .. THE LEFT SIDE IS 2019 THE RIGHT SIDE IS 2020 IN THE IMAGE. Jergan CorporationBalance SheetsDecember 31 2020 2019 2018Cash $ 30,800 $ 17,600 $ 18,700 Accounts receivable (net) 50,500 44,200 47,100 Other current assets 89,600 94,900 63,900 Investments 55,300 71,000 45,100 Plant and equipment (net) 500,500 370,000 358,500 $726,700 $597,700 $533,300 Current liabilities $85,500 $79,800 $69,400 Long-term debt 144,300 84,100 50,300 Common stock, $10 par 348,000 316,000 304,000 Retained earnings 148,900 117,800 109,600 $726,700 $597,700 $533,300 Jergan CorporationIncome StatementFor the Years Ended December 31 2020 2019Sales revenue $738,000 $605,500 Less: Sales returns and allowances 39,100 29,900 Net sales 698,900 575,600 Cost of goods sold 425,600 367,000 Gross profit 273,300 208,600 Operating expenses (including income taxes) 182,443 151,040 Net income $ 90,857 $ 57,560 (4)Earnings per share2$$(5)Price-earnings ratiotimestimes(6)Payout ratio%(7)Debt to assets ratio%%%24

Name: FILLING IN THE RATIOS .. THE LEFT SIDE IS 2019 THE RIGHT SIDE IS 2020
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Description: FILLING IN THE RATIOS .. THE LEFT SIDE IS 2019 THE RIGHT SIDE IS 2020 IN THE IMAGE. Jergan CorporationBalance SheetsDecember 31 2020 2019 2018Cash $ 30,800 $ 17,600 $ 18,700 Accounts receivable (net) 50,500 44,200 47,100 Other current assets 89,

(4) Earnings Per Share = Net Income/Average Outstanding Shares 2019 = 57,560/((30400+31600)/2) =…

Answered: FILLING IN THE RATIOS .. THE LEFT SIDE…

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 11P: RATIO CALCULATIONS Assume the following relationships for the Caulder Corp.: Sales/Total assets 1.3...

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FILLING IN THE RATIOS .. THE LEFT SIDE IS 2019 THE RIGHT SIDE IS 2020 IN THE IMAGE.

Jergan Corporation Balance Sheets December 31
	2020	2019		2018
Cash	$ 30,800		$ 17,600		$ 18,700
Accounts receivable (net)	50,500		44,200		47,100
Other current assets	89,600		94,900		63,900
Investments	55,300		71,000		45,100
Plant and equipment (net)	500,500		370,000		358,500
	$726,700		$597,700		$533,300
Current liabilities	$85,500		$79,800		$69,400
Long-term debt	144,300		84,100		50,300
Common stock, $10 par	348,000		316,000		304,000
Retained earnings	148,900		117,800		109,600
	$726,700		$597,700		$533,300

Jergan Corporation Income Statement For the Years Ended December 31
	2020	2019
Sales revenue	$738,000		$605,500
Less: Sales returns and allowances	39,100		29,900
Net sales	698,900		575,600
Cost of goods sold	425,600		367,000
Gross profit	273,300		208,600
Operating expenses (including income taxes)	182,443		151,040
Net income	$ 90,857		$ 57,560

(4)
Earnings per share
2$
$
(5)
Price-earnings ratio
times
times
(6)
Payout ratio
%
(7)
Debt to assets ratio
%
%
%24

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