Class Problem - Fin.j Perf. Measurment

Class Problem - Fin.j Perf. Measurment - For the Year Ended...

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ACII Class Problem Financial Performance Measurment 1. From the following information, compute the ratios indicated and place the proper numbers in the spaces provided. Assume the average for the year is the same as the ending balances for the balance sheet accounts. Round percentages to one decimal place, and show your work. Westwood Corporation Balance Sheet December 31, 20xx Assets Cash $ 15,000 Marketable securities 10,000 Accounts receivable (net) 20,000 Inventory 30,000 Prepaid expenses 8,000 Property, plant, and equipment 117,000 Total assets $200,000 Liabilities and Stockholders' Equity Current liabilities $ 30,000 Long-term liabilities 50,000 Stockholders' equity 120,000 Total liabilities and stockholders' equity $200,000 Westwood Corporation Income Statement
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Unformatted text preview: For the Year Ended December 31, 20xx Net sales $160,000 Cost of goods sold 120,000 Gross margin $ 40,000 Operating expenses Selling and administrative expenses $ 16,000 Interest expense 8,000 Income taxes expense 4,000 28,000 Net income $ 12,000 Westwood had 4,000 shares of common stock issued and outstanding. The market price of common stock at year end was $15.00 per share. Dividends paid in 20xx were $0.60 per share. Current ratio Asset turnover Quick ratio Return on assets Receivable Return on equity turnover Days' sales uncollected Debt to equity ratio Inventory turnover Interest coverage ratio Profit margin Days' inventory on hand Dividends yield Price/earnings (P/E) ratio Answer:...
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This note was uploaded on 02/02/2012 for the course ECON 125 taught by Professor Ho during the Summer '10 term at San Diego State.

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Class Problem - Fin.j Perf. Measurment - For the Year Ended...

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