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Financial Statements for Praeger Corporation Appear Below: Dividends

Question 207

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Financial statements for Praeger Corporation appear below: 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. 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. 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 ...

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