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Use the Following Information to Calculate the Ratios Requested Below

Question 161

Essay

Use the following information to calculate the ratios requested below. Round answers to two decimal places. Show your work.
 Average total assets $85,000 Current assets, December 3124,000 Current liabilities, December 317,500 Dividends paid 5,250 Stockholders’ equity, December 3150,000 Net sales 212,500 Total liabilities, December 3135,000 Market price, December 31, on 2,500 shares $50/ share \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}  Dividendsyield  Debt to equityratid  Curtantratid  Amet turnever \begin{array} { | l | l | l | l | l } \hline \text { Dividendsyield } && \text { Debt to equityratid } & \\\hline \text { Curtantratid } && \text { Amet turnever } & \\\hline & & & &\end{array}

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