/takeAssignment/takeAssignmentMain.do?in voker-assignmentsalar Book Calculator M
ID: 2542029 • Letter: #
Question
/takeAssignment/takeAssignmentMain.do?in voker-assignmentsalar Book Calculator Measures of liquidity, solvency, and profitability Questions 15.0 6. Inventory turnover 7. Number of days' sales in inventory 8 Ratio of fixed assets to long-term liabilities 9 Ratio of liabilities to stockholders equity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders' equity 14. Return on common stockholders equity 24.3 0.8V 8.7V 1.3V 12.8 % 15. Earnings per share on common stock$ 5.90 16. Price-earnings ratio Dividends per share of commonsExplanation / Answer
Answer:
As per specifically mention on the top of the question, the answer of 12 and 16 are as under
12
Return on Assets
=Net income / average total Assets
=600,000 / (9,024,000+8,254,000)/2
=600,000 /8,639,000
=6.95%
_________________________________
16
price earnings ratio
=Market price per share / earnings per share
=82.60 /5.90
=14
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