Use the Following Information to Calculate the Ratios Requested Below

question 48

Essay

Use the following information to calculate the ratios requested below.Round answers to two decimal places.Show your work. $$\begin{array} { l r } \text { Average total assets } & \$ 85,000 \\\text { Current assets, December } 31 & 24,000 \\\text { Current liabilities, December } 31 & 7,500 \\\text { Dividends paid } & 5,250 \\\text { Stockholders' equity, December } 31 & 50,000 \\\text { Net sales } & 212,500 \\\text { Total liabilities, December } 31 & 35,000 \\\text { Market price, December } 31 \text {, on } 2,500 \text { shares } & \$ 50 / \text { share }\end{array}$$
$$\begin{array} { | l | l | l | l } \hline \text { Dividends yield } & \text { Debt to equity ratio } & \\\hline \text { Curtent ratio } & \text { Asset tumuver } & \\\hline\end{array}$$

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Definitions:

Floppy

Pertaining to or characteristic of a floppy disk or flexible nature; often used to describe a state of lacking rigidity.

Cardiac Arrest

An abrupt loss of heart function, breathing, and consciousness, typically resulting from an electrical disturbance in the heart.

CPR

Cardiopulmonary Resuscitation, an emergency procedure that combines chest compressions with artificial ventilation to manually preserve intact brain function until further measures are taken to restore spontaneous blood circulation and breathing in a person who is in cardiac arrest.

Electrical Shock

An injury caused by electric current passing through the body.