An asterisk (*) will appear to the right of an incorrect entry.
Current Assets –
Current
Liabilities
=
Calculated Value
1. Working capital
Ratio Numerator ÷ Denominator =
Calculated Value
2. Current ratio
3. Quick ratio
5. Number of days’
sales in receivables
6. Inventory turnover
7. Number of days’
sales in inventory
9. Ratio of liabilities to
stockholders’ equity
10. Times interest earned
11. Asset turnover
12. Return on total assets
15. Earnings per share
on common stock
16. Price-earnings ratio
17. Dividends per share
of common stock
18. Dividend yield
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Problem 16-4A
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
Current Assets –
Current
Liabilities
=
Calculated Value
1. Working capital $2,464,000 $880,000 $1,584,000
Ratio Numerator ÷ Denominator =
Calculated Value
2. Current ratio 2,464,000$ 880,000$ 2.8
9. Ratio of liabilities to
stockholders’ equity 4,080,000$ 4,944,000$ 0.8
10. Times interest earned 1,152,000$ 132,000$ 8.7
Problem 16-4A
Name:
Solution
Section:
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Score:
Instructions
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