Examlex
The financial statements of Hainz Company appear below:
Additional information:
a. Cash dividends of were declared and paid in 2017 .
b. Weighted-average number of shares of common stock outstanding during 2017 was 30,000 shares.
c. Market value of common stock on December 31, 2017, was per share. Instructions
Using the financial statements and additional information compute the following ratios for Hainz Company for 2017. Show all computations.
Computations
1. Current ratio _________.
2. Return on common stockholders' equity _________.
3. Price-earnings ratio _________.
4. Acid-test ratio _________.
5. Accounts receivable turnover _________.
6. Times interest earned _________.
7. Profit margin _________.
8. Days in inventory _________.
9. Payout ratio _________.
10. Return on assets _________.
Forehead
The part of the human face above the eyebrows and below the hairline, associated with the frontal bone of the skull.
Clavicle
A long bone that serves as a strut between the shoulder blade and the sternum or breastbone, commonly known as the collarbone.
Appendicular
Relating to limbs and their attachments to the axial skeleton.
Sphenoid Bone
A butterfly-shaped bone that forms part of the skull base, contributing to the orbits, nasal cavity, and housing the pituitary gland.
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