ACCT 212 Learnsmart Assignment 13 Liberty University Solution

A company's market price is $60.00 per common share, book value is $10.00 per share, and the earning is $5.00 per share. Compute price-earning ratio.

Days' sales in inventory is computed by taking ending inventory divided by ____ multiplied by 365.

Wanda Co. had Total Assets of $35,000, which included Cash of $20,000, Accounts Receivable of $5,000, Merchandise Inventory of $10,000. Wanda also had Total Liabilities of $95,000, which included Current Liabilities of $20,000. Wanda's acid-test ratio equals ____.

The ______ ratio takes the sum of cash, short-term investments, and current receivables and divides the total by current liabilities. It helps determine immediate short term debt-paying ability.

___ turnover reflects a company ability to use its assets to generate sales and is an important indication of operating efficiency. It is computed by taking net sales divided by average total assets.

The ____ ratio, or current assets divided by current liabilities, is used to evaluate a company's ability to pay its short-term obligations.

The formula for the acid-test ratio is computed as (cash + short-term investments + current receivables)/____.

A company reports Net sales of $100,000 in 2010 and $90,000 in 2009. At the beginning of 2010, accounts receivable was $6,000; at the end of the period accounts receivable was $10,000. Accounts receivable turnover for 2018 is _____ times.

A potential investor in Denzel Co. would like to measure how frequently Denzel converts its account receivables into cash. The investor takes Denzel's net sales divided by average accounts receivable to determine this information, known as the turnover ratio.

________ is used to compare the dividend-paying performance of different investment alternatives. It is computed by taking annual cash dividends per share divided by market price per share.

Marsh Co. had beginning inventory of $10,000 and ending inventory of $13,000. Cost of goods sold for the period was $65,000. Days’ sales in inventory is days.

An investor in Kora, Inc. is interested in how productive Kora is in using its assets. This is known as a(n) _______ measure.

At the end of the first year, assets for a company are $60,000 and liabilities are $40,000. The debt-to-equity ratio is __.

Return on common stockholders' equity measures the amount of ___ earned for its owners. It is computed by taking net income less preferred dividends divided by average common stockholders' equity.

Days' sales uncollected is computed by taking accounts receivable, net divided by net _____ multiplied by 365.

Identify which of the following specific areas are considered the building blocks of financial statement analysis.

A company has only common stock (no preferred stock) and reports Net Income for the period of $2,500. Stockholder's Equity at the beginning of the period was $12,000 and at the end of the period is $14,000. Compute return on common stockholders' equity

If cost of goods sold equals $75,000; beginning inventory equals $5,000 and ending inventory equals $10,000, the inventory turnover is times.