Financial statements for Praeger Corporation appear below:
Dividends during Year 2 totaled $45 thousand. The market price of a share of common stock on December 31, Year 2 was $30.Required:Compute the following for Year 2:a. Return on total assets.b. Working capital.c. Current ratio.d. Acid-test (quick) ratio.e. Accounts receivable turnover.f. Average collection period.g. Inventory turnover.h. Average sale period.i. Times interest earned ratio.j. Debt-to-equity ratio.

Question

Financial statements for Praeger Corporation appear below:
  Dividends during Year 2 totaled $45 thousand. The market price of a share of common stock on December 31, Year 2 was $30.Required:Compute the following for Year 2:a. Return on total assets.b. Working capital.c. Current ratio.d. Acid-test (quick) ratio.e. Accounts receivable turnover.f. Average collection period.g. Inventory turnover.h. Average sale period.i. Times interest earned ratio.j. Debt-to-equity ratio.

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The Answer of Financial statements for Praeger Corporation appear below:
  Dividends during Year 2 totaled $45 thousand. The market price of a share of common stock on December 31, Year 2 was $30.Required:Compute the following for Year 2:a. Return on total assets.b. Working capital.c. Current ratio.d. Acid-test (quick) ratio.e. Accounts receivable turnover.f. Average collection period.g. Inventory turnover.h. Average sale period.i. Times interest earned ratio.j. Debt-to-equity ratio.

Financial Statements for Praeger Corporation Appear Below