ACCTG 17 22E

# ACCTG 17 22E - \$1,442,000 \$2,684,000 0.5 10 Number of times...

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Problem 17-4A Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear below or to the right of an incorrect amount in the outlined cells. 1. Working capital: \$1,231,500 - \$342,000 = \$889,500 Calculated Ratio Numerator ÷ Denominator Value 2. Current ratio \$1,231,500 \$342,000 3.6 3. Quick ratio \$779,000 \$342,000 2.3 4. Accounts receivable turnover \$3,360,000 \$228,250 14.7 5. Number of days' sales in receivables \$228,250 \$9,205 24.8 6. Inventory turnover \$1,500,000 \$378,750 4.0 7. Number of days' sales in inventory \$378,750 \$4,110 92.2 8. Ratio of Fixed assets to long-term liabilities \$2,575,000 \$1,100,000 2.3 9. Ratio of liabilities to stockholders' equity
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Unformatted text preview: \$1,442,000 \$2,684,000 0.5 10. Number of times interest charges earned \$696,000 \$98,000 7.1 11. Number of times preferred dividends earned \$430,000 \$12,500 34.4 12. Ratio of nets sales to assets \$3,360,000 \$3,324,000 1.0 13. Rate earned on total assets \$528,000 \$3,608,750 14.6% 14. Rate earned on stock-holders' equity \$430,000 \$2,495,250 17.2% 15. Rate earned on common stockholders' equity \$417,500 \$1,995,250 20.9% 16. Earnings per share on common stock \$417,500 40,000 \$10.44 17. Price-earnings ratio \$55.00 \$10.44 5.3 18. Dividends per share of common stock \$40,000 40,000 \$1.00 19. Dividend yield \$1.00 \$55.00 1.8%...
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