Essay
Financial statements for Praeger Corporation appear below:
Dividends during Year 2 totaled $45 thousand.The market price of a share of common stock on December 31, Year 2 was $30.
Required:
Compute the following for Year 2:
a.Return on total assets.
b.Working capital.
c.Current ratio.
d.Acid-test (quick)ratio.
e.Accounts receivable turnover.
f.Average collection period.
g.Inventory turnover.
h.Average sale period.
i.Times interest earned ratio.
j.Debt-to-equity ratio.
Correct Answer:

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a.Return on total assets = Adjusted net ...View Answer
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Correct Answer:
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