Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Selected financial information for CraneCorporation as of December are presented below.
Net sales and net income for 2014 were $468,000 and $37,440 respectively. Dividends of $4,160 were declared for common stockholders and $6,240for preferred shareholders in 2014. Preferred stockholders' equity is equal to 10% of total stockholders' equity.
Compute the indicated ratios at December 31, 2014, or for the year ended December 31, 2014, as appropriate. (Round answers to 2 decimal places, e.g. 2.12.)
2014
|
2013
|
|||
---|---|---|---|---|
Current assets
|
$104,640
|
$80,080
|
||
Current liabilities
|
43,680
|
36,400
|
||
|
124,800
|
110,240
|
||
Total assets
|
312,000
|
280,800
|
Net sales and net income for 2014 were $468,000 and $37,440 respectively. Dividends of $4,160 were declared for common stockholders and $6,240for preferred shareholders in 2014. Preferred stockholders' equity is equal to 10% of total stockholders' equity.
Compute the indicated ratios at December 31, 2014, or for the year ended December 31, 2014, as appropriate. (Round answers to 2 decimal places, e.g. 2.12.)
1.
|
|
enter percentages rounded to 2 demical places
|
%
|
||
---|---|---|---|---|---|
2.
|
Profit margin
|
enter percentages rounded to 2 demical places
|
%
|
||
3.
|
Payout ratio
|
enter percentages rounded to 2 demical places
|
%
|
||
4.
|
Debt assets ratio
|
enter percentages rounded to 2 demical places
|
%
|
||
5.
|
Current ratio
|
enter ratio rounded to 2 demical places
|
: 1
|
||
6.
|
Return on common stockholders' equity
|
enter percentages rounded to 2 demical places
|
%
|
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What is the Debt assets ratio
What is the Current ratio
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enter percentages rounded to 2 demical places
%
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What is the Debt assets ratio
What is the Current ratio
What is the Return on common
enter percentages rounded to 2 demical places
%
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