Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year $300,630 $170,750 Current assets 510,160 478,100 Property, plant, and equipment 100,210 34,150 Intangible assets 191,310 116,110 Current liabilities 373,510 280,030 Long-term liabilities Common stock 81,990 75,130 Retained earnings 264,190 211,730 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place. Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Previous year Previous year Current year Percent Current year Amount Amount Percent Current assets $300,630 $170,750 Property, plant, and equipment 510,160 478,100 100,210 34,150 Intangible assets Total assets $911,000 $683,000 Current liabilities $191,310 $116,110 Long-term liabilities 373,510 280,030 Common stock 81,990 75,130 Retained earnings 264,190 211,730 Total liabilities and stockholders' $911,000 $683,000 equity 96

Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2022, 2023, and 2024. RENN-DEVER CORPORATION Statements of Retained Earnings For the Years Ended December 31 2024 2023 2022 Balance at beginning of year $ 6,970,692 $ 5,584,452 $ 5,694,552 Net income (loss) 3,315,700 2,310,900 (110,100) Deductions:       Stock dividend (35,400 shares) 249,000     Common shares retired, September 30 (140,000 shares)   219,660   Common stock cash dividends 896,950 705,000 0 Balance at end of year $ 9,140,442 $ 6,970,692 $ 5,584,452 At December 31, 2021, paid-in capital consisted of the following: Common stock, 1,910,000 shares at $1 par $ 1,910,000 Paid in capital—excess of par 7,490,000 No preferred stock or potential common shares were outstanding during any of the periods shown. Required: Compute Renn-Dever’s earnings per share as it would have appeared in income statements for the…

Return on Assets Calculate the company's return on assets for 2020 and compare the result to the industry average.

Five Measures of Solvency or Profitability The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Bonds payable, 8% $900,000 Preferred $5 stock, $100 par $228,000 Common stock, $8 par $319,200.00 Income before income tax was $201,600, and income taxes were $30,600 for the current year. Cash dividends paid on common stock during the current year totaled $33,516. The common stock was selling for $28 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a.  Times interest earned ratio   times b.  Earnings per share on common stock $   c.   Price-earnings ratio     d.   Dividends per share of common stock $   e.   Dividend yield