Maynard Company's balance sheet and income statement are provided below:
The company paid cash dividends of $2.00 per share during Year 2. On December 31, Year 2, the stock was listed on the stock exchange at a price of $78.25 per share.
Required:
Compute the following ratios for Year 2:Accounts receivable turnoverAverage days to collect receivablesInventory turnoverAverage days to sell inventoryDebt to assets ratioDebt to equity ratioNet marginAsset turnoverReturn on investmentDividend yield
Round your answers to one decimal place.
Correct Answer:
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