Question: Nineteen Measures of Solvency and Profitability
The comparative financial statements of Chattah Inc. are as follows. The market price of Chattah Inc. common stock was $25 on December 31, 2012.
Instructions:
Determine the following measures for 2012. Round answers to one decimal place, and dollars amounts to the nearest whole cent. Assume 365 days a year.
1. Working capital: | $ | |
2. Current ratio: | ||
3. Quick ratio: | ||
4. Accounts receivable turnover: | ||
5. Number of days’ sales in receivables: | ||
6. Inventory turnover: | ||
7. Number of days’ sales in inventory: | ||
8. Ratio of fixed assets to long-term liabilities: | ||
9. Ratio of liabilities to stockholders’ equity: | ||
10. Number of times interest charges earned: | ||
11. Number of times preferred dividends earned: | ||
12. Ratio of net sales to assets: | ||
13. Rate earned on total assets: | % | |
14. Rate earned on stockholders’ equity: | % | |
15. Rate earned on common stockholders’ equity: | % | |
16. Earnings per share on common stock: | $ | |
17. Price-earnings ratio: | ||
18. Dividends per share of common stock: | $ | |
19. Dividend yield: |