FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Determine the following measures for both 20Y8 and 20Y9, rounding percentages and ratios other than per-share amounts to one decimal place. Briefly explain how or why management would use this information and comment on the trend from 20Y8 and 20Y9.
Working capital Current ratio - Quick ratio
Accounts receivable turnover- Number of days’ sales in receivables
- Inventory turnover
- Number of days’ sales in inventory
- Ratio of fixed assets to long-term liabilities
- Ratio of liabilities to
stockholders’ equity - Times interest earned
- Asset turnover
- Return on total assets
- Return on stockholders’ equity
- Return on common stockholders’ equity
- Earnings per share on common stock
- Price-earnings ratio
- Dividends per share
- Dividend yield
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