Solved

Financial Statements for Praven Company Appear Below

Question 181

Essay

Financial statements for Praven Company appear below: Financial statements for Praven Company appear below:        Dividends during Year 2 totaled $89 thousand, of which $18 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $130. Required: Compute the following for Year 2: a. Earnings per share of common stock. b. Price-earnings ratio. c. Dividend payout ratio. d. Dividend yield ratio. e. Return on total assets. f. Return on common stockholders' equity. g. Book value per share. h. Working capital. i. Current ratio. j. Acid-test ratio. k. Accounts receivable turnover. l. Average collection period. m. Inventory turnover. n. Average sale period. o. Times interest earned. p. Debt-to-equity ratio.
Financial statements for Praven Company appear below:        Dividends during Year 2 totaled $89 thousand, of which $18 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $130. Required: Compute the following for Year 2: a. Earnings per share of common stock. b. Price-earnings ratio. c. Dividend payout ratio. d. Dividend yield ratio. e. Return on total assets. f. Return on common stockholders' equity. g. Book value per share. h. Working capital. i. Current ratio. j. Acid-test ratio. k. Accounts receivable turnover. l. Average collection period. m. Inventory turnover. n. Average sale period. o. Times interest earned. p. Debt-to-equity ratio.
Dividends during Year 2 totaled $89 thousand, of which $18 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $130.
Required:
Compute the following for Year 2:
a. Earnings per share of common stock.
b. Price-earnings ratio.
c. Dividend payout ratio.
d. Dividend yield ratio.
e. Return on total assets.
f. Return on common stockholders' equity.
g. Book value per share.
h. Working capital.
i. Current ratio.
j. Acid-test ratio.
k. Accounts receivable turnover.
l. Average collection period.
m. Inventory turnover.
n. Average sale period.
o. Times interest earned.
p. Debt-to-equity ratio.

Correct Answer:

verifed

Verified

a. Earnings per share = (Net Income - Pr...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents