Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Selected financial information for CraneCorporation as of December are presented below.

   
2014
 
2013
Current assets
 
$104,640
 
$80,080
Current liabilities
 
43,680
 
36,400
Stockholders’ equity
 
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.
 
Return on assets
 
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

 What is the Return on common stockholders' equity

 

enter percentages rounded to 2 demical places
%
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Follow-up Question
What is the Debt assets ratio
 
What is the Current ratio

 What is the Return on common stockholders' equity

 

enter percentages rounded to 2 demical places
%
Solution
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