Assume you are given the following abbreviated financial statements:Data table(Click on the icon here in order to copy its contents of the data table below into a spreadsheet.) ($ in millions) Current assets $115 Fixed and other assets $186 Total assets $301 Current liabilities $88 Long-term debt $38 Stockholders' equity $175 Total liabilities and equity $301 Common shares outstanding11million shares Total revenues $469 Total operating costs and expenses $402 Interest expense $9 Income taxes $23 Net profits $35 Dividends paid to common stockholders $11.On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can.(Note:Assume the current market price of the common stock is$77.37per share.)

Accounting Ratios Those ratios that are used to measure the company on varied parameters like…

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Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 20BEA: The income statement, statement of retained earnings, and balance sheet for Somerville Company are...

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Assume you are given the following abbreviated financial statements:

Data table

(Click on the icon here

in order to copy its contents of the data table below into a spreadsheet.)

	($ in millions)
Current assets		$115
Fixed and other assets		$186
Total assets		$301
Current liabilities		$88
Long-term debt		$38
Stockholders' equity		$175
Total liabilities and equity		$301
Common shares outstanding	11 million shares
Total revenues		$469
Total operating costs and expenses		$402
Interest expense		$9
Income taxes		$23
Net profits		$35

Dividends paid to common stockholders		$11

On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can.

(Note:

Assume the current market price of the common stock is

$77.37

per share.)

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Common stock measures

Part 14

The earnings per share (EPS) is

$3.183.18.

(Round to the nearest cent.)

Part 15

The P/E ratio is

24.3324.33.

(Round to two decimal places.)

Part 16

The sales per share is

$42.6442.64.

(Round to the nearest cent.)

Part 17

The price-to-sales ratio is

enter your response here.

(Round to two decimal places.)

there is 22 parts

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