Financial ratios
Shown below are some key figures from the balance sheets of Minuteman Gas Company for two successive years: Dividends of $96,000 were declared and paid in 2015.Compute the following:
Current ratio at end of 2014.
Current ratio at end of 2015.
Working capital at end of 2014.
Working capital at end of 2015.
Debt ratio at end of 2014.
Debt ratio at end of 2015.
Earnings per share for 2015.

Question

Financial ratios
Shown below are some key figures from the balance sheets of Minuteman Gas Company for two successive years:  Dividends of $96,000 were declared and paid in 2015.Compute the following:
Current ratio at end of 2014.
Current ratio at end of 2015.
Working capital at end of 2014.
Working capital at end of 2015.
Debt ratio at end of 2014.
Debt ratio at end of 2015.
Earnings per share for 2015.

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The Answer of Financial ratios
Shown below are some key figures from the balance sheets of Minuteman Gas Company for two successive years:  Dividends of $96,000 were declared and paid in 2015.Compute the following:
Current ratio at end of 2014.
Current ratio at end of 2015.
Working capital at end of 2014.
Working capital at end of 2015.
Debt ratio at end of 2014.
Debt ratio at end of 2015.
Earnings per share for 2015.

Financial Ratios Shown Below Are Some Key Figures from the Balance Sheets