) | l https://eougen wileyplus.co Return to WileyPLi Kimamel, Accounting, be Gra
ID: 2328150 • Letter: #
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) | l https://eougen wileyplus.co Return to WileyPLi Kimamel, Accounting, be Grace Period: 11 days left I Reginler Now Do It! Revlew 2-2 Week 1 Homewor The fellowing information iailable for Monty Corp CuTant ats Total sets Current abities Total iahilties Net Incomae Net cash provided by operatinp acthites Preeel dividends Camman divdsnds Expendrur on prapety, plant, and cquiemcn 55,300 37.300 211,300 20,300 3,3U ,U 81,300 41,300 91,300 300 ,300 30 4.300 8,300 13,300 Shares cutstandina at beqinning at ear 1,300 31,300 70,300 11,300 (e) Co'"pute rrings; er stere for 201, and 2016 fur Monty, (Ruund Edrengs per share cu 2 decinv/places e.g $2' /&J Farninga cer shara (b) Compute the current ratin and dabt to asaes ratiotr aach Rar (Round ansors to 2 deciial nlaces, a. 15.25.) 017 016 Curent ratio (c) Compute tree cash tion tor cach year. 2017 2016 Free cash flow Click lt you would like to show work tor this question: 2pm Show w LTNK TO TEXT 2013 9/2Explanation / Answer
a Earnings per share = (Net income-Preferred dividends)/Average common stock outstanding 2017 1.26 =(81300-7300)/((41300+76300)/2) 2016 0.94 =(41300-7300)/((41300+31300)/2) b Current ratio = Current assets/Current liabilities 2017 2.37 =55300/23300 2016 1.19 =37300/31300 Debt to assets ratio = Total liabilities/Total assets 2017 30.38% =73300/241300 2016 49.10% =101300/206300 c Free cash flow = Net cash flow from operating activities-Dividends paid-Capital expenditures 2017 51400 =91300-7300-4300-28300 2016 33900 =57300-7300-2800-13300
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