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.

Understand the concept of reciprocal determinism in Bandura's theory.

Recognize different research findings related to personality stability, change, and predictors of success.

Appreciate cultural variations in personality traits and individualist versus collectivist orientations.

Understand Hofstede's dimensions of cultural personality and their application to the United States.

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Definitions:

Skinner Box

A controlled environment used to study animal behavior, named after B.F. Skinner, an American psychologist.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior.

Deviant People

Individuals who significantly deviate from societal norms in behavior, beliefs, or attitudes, often leading to social disapproval.

Modeling

A behavior modification technique that involves observing the behavior of others (the models) and participating with them in performing the desired behavior.