Condensed financial statements of Miller Company at the beginning and at the end of the current year are given below:

The company paid total dividends of $15,000 during the year, of which $5,000 were to preferred stockholders. The market price of a share of common stock at the end of the year was $30.
Required:
On the basis of the information given above, fill in the blanks with the appropriate figures.
Example: The current ratio at the end of the current year would be computed by dividing $270,000 by $100,000
a. The acid-test ratio at the end of the current year would be computed by dividing _______________ by _________________.
b. The inventory turnover for the year would be computed by dividing _______________ by _________________.
c. The debt-to-equity ratio at the end of the current year would be computed by dividing _______________ by _________________.
d. The earnings per share of common stock would be computed by dividing _______________ by _________________.
e. The accounts receivable turnover for the year would be computed by dividing _______________ by _________________.
f. The times interest earned for the year would be computed by dividing _______________ by _________________.
g. The return on common stockholders' equity for the year would be computed by dividing _______________ by _________________.
h. The dividend yield would be computed by dividing _______________ by _________________.

Dadisman Corporation's Most Recent Balance Sheet and Income Statement Appear

Multiple Choice

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