Use the Following Data to Calculate the Liquidity and Profitability

question 222

Essay

Use the following data to calculate the liquidity and profitability ratios listed below. $$\begin{array} { l r l r } \text { Average common shares outstanding } & 10,000 & \text { Current liabilities } & \$ 100,000 \\\text { Capital expenditures } & \$ 20,000 & \text { Net income } & 21,000 \\\text { Cash provided by operating activities } & 32,000 & \text { Net sales } & 150,000 \\\text { Dividends paid } & 5,000 & \text { Total liabilities } & 126,000 \\\text { Current assets } & 190,000 & \text { Total assets } & 210,000\end{array}$$ Instructions
Compute the following:
(a) Current ratio. (d) Debt to assets ratio.
(b) Working capital. (e) Free cash flow.
(c) Earnings per share.

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Definitions:

Institutional Power

is the control or influence that organizations or institutions have over societal norms, policies, and behaviors.

Malcolm X

An African American civil rights leader who advocated for the rights of African Americans through any means necessary, distinct from the nonviolent tactics of Martin Luther King Jr.

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