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 ratio.
e. Accounts receivable turnover.
f. Average collection period.
g. Inventory turnover.
h. Average sale period.
i. Times interest earned.
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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