Use the following information to calculate the ratios requested below.Round answers to two decimal places.Show your work. $$\begin{array} { l r }
\text { Average total assets } & \$ 85,000 \
\text { Current assets, December } 31 & 24,000 \
\text { Current liabilities, December } 31 & 7,500 \
\text { Dividends paid } & 5,250 \
\text { Stockholders' equity, December } 31 & 50,000 \
\text { Net sales } & 212,500 \
\text { Total liabilities, December } 31 & 35,000 \
\text { Market price, December } 31 \text {, on } 2,500 \text { shares } & \$ 50 / \text { share }
\end{array}$$
$$\begin{array} { | l | l | l | l }
\hline \text { Dividends yield } & \text { Debt to equity ratio } & \
\hline \text { Curtent ratio } & \text { Asset tumuver } & \
\hline
\end{array}$$

Question

Use the following information to calculate the ratios requested below.Round answers to two decimal places.Show your work. $$\begin{array} { l r } 
\text { Average total assets } & \$ 85,000 \
\text { Current assets, December } 31 & 24,000 \
\text { Current liabilities, December } 31 & 7,500 \
\text { Dividends paid } & 5,250 \
\text { Stockholders' equity, December } 31 & 50,000 \
\text { Net sales } & 212,500 \
\text { Total liabilities, December } 31 & 35,000 \
\text { Market price, December } 31 \text {, on } 2,500 \text { shares } & \$ 50 / \text { share }
\end{array}$$ 
$$\begin{array} { | l | l | l | l } 
\hline \text { Dividends yield } & \text { Debt to equity ratio } & \
\hline \text { Curtent ratio } & \text { Asset tumuver } & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Use the following information to calculate the ratios requested below.Round answers to two decimal places.Show your work. $$\begin{array} { l r } 
\text { Average total assets } & \$ 85,000 \
\text { Current assets, December } 31 & 24,000 \
\text { Current liabilities, December } 31 & 7,500 \
\text { Dividends paid } & 5,250 \
\text { Stockholders' equity, December } 31 & 50,000 \
\text { Net sales } & 212,500 \
\text { Total liabilities, December } 31 & 35,000 \
\text { Market price, December } 31 \text {, on } 2,500 \text { shares } & \$ 50 / \text { share }
\end{array}$$ 
$$\begin{array} { | l | l | l | l } 
\hline \text { Dividends yield } & \text { Debt to equity ratio } & \
\hline \text { Curtent ratio } & \text { Asset tumuver } & \
\hline
\end{array}$$

Use the Following Information to Calculate the Ratios Requested Below