All sales were on credit. Net cash provided by operating activities for 2022 was $243,000. Capital expenditures were $137,000, and cash dividends paid were $59,000. Compute the following ratios for 2022. (Round earnings per share, current ratio and asset turnover to 2 decimal places, e.g. 1.83. Round return on common stockholders' equity, return on assets, accounts receivable turnover, average collection period, inventory turnover, days in inventory, times interest earned and debt to assets ratio to 1 decimal place, e.g. 1.8 or 1.8%. Use 365 days for calculation.) (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets $ 0.28 % 0.21 % ·1

Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter17: Financial Statement Analysis
Section: Chapter Questions
Problem 4PA: Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall...
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All sales were on credit. Net cash provided by operating activities for 2022 was $243,000. Capital expenditures were $137,000, and
cash dividends paid were $59,000.
Compute the following ratios for 2022. (Round earnings per share, current ratio and asset turnover to 2 decimal places, e.g. 1.83. Round
return on common stockholders' equity, return on assets, accounts receivable turnover, average collection period, inventory turnover, days in
inventory, times interest earned and debt to assets ratio to 1 decimal place, e.g. 1.8 or 1.8%. Use 365 days for calculation.)
(a)
Earnings per share
(b)
Return on common stockholders' equity
(c)
Return on assets
$
0.28
%
0.21
%
·1
Transcribed Image Text:All sales were on credit. Net cash provided by operating activities for 2022 was $243,000. Capital expenditures were $137,000, and cash dividends paid were $59,000. Compute the following ratios for 2022. (Round earnings per share, current ratio and asset turnover to 2 decimal places, e.g. 1.83. Round return on common stockholders' equity, return on assets, accounts receivable turnover, average collection period, inventory turnover, days in inventory, times interest earned and debt to assets ratio to 1 decimal place, e.g. 1.8 or 1.8%. Use 365 days for calculation.) (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets $ 0.28 % 0.21 % ·1
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