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The Following Information Is Available for the Oil Creek Corporation

Question 119

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The following information is available for the Oil Creek Corporation.
 Accounts Receivable $19,000 Sales $195,000 Current assets $36,000 Total assets $147,000 Long term debt $48,000 Current liabilities $41,000 Profit margin 6% Number of shares outstanding 15,000 Current stock price per share $14,43\begin{array} { l l } \text { Accounts Receivable } & \$ 19,000 \\\text { Sales } & \$ 195,000 \\\text { Current assets } & \$ 36,000 \\\text { Total assets } & \$ 147,000 \\\text { Long term debt } & \$ 48,000 \\\text { Current liabilities } & \$ 41,000 \\\text { Profit margin } & 6 \% \\\text { Number of shares outstanding } & 15,000 \\\text { Current stock price per share } & \$ 14,43 \\\hline\end{array} (a) What is the current ratio?
(b) What is the net working capital?
(c) What is the net income?
(d) What is the return on equity?
(e) What is the total asset turnover?
(f) What is the debt-equity ratio?
(g) What is the accounts receivable turnover?
(h) What is the earnings per share (EPS)?
(i) What is the price to earnings (P/E) ratio?

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(a) 0.88
(b) -$5,000...

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