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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.

 Average total assets $112,500 Current assets, December 31 32,000 Current liabilities, December 3110,000 Dividends paid 7,000 Stockhol ders’ equity, December 31 62,500 Net sales 270,000 Total liabilities, December 31 50,000 Market price, December 31, on 2,000 shares $70/ share \begin{array} { l r } \text { Average total assets } & \$ 112,500 \\\text { Current assets, December 31 } & 32,000 \\\text { Current liabilities, December } 31 & 10,000 \\\text { Dividends paid } & 7,000 \\\text { Stockhol ders' equity, December 31 } & 62,500 \\\text { Net sales } & 270,000 \\\text { Total liabilities, December 31 } & 50,000 \\\text { Market price, December 31, on 2,000 shares } & \$ 70 / \text { share }\end{array}
 Dividends yield  Debt to equity ratio  Current ratio  Asset turnover \begin{array} { | l | l | l|l| } \hline \text { Dividends yield } &\quad\quad& \text { Debt to equity ratio } &\quad\quad \\\hline \text { Current ratio } && \text { Asset turnover } & \\\hline\end{array}

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Definitions:

Musical Recordings

Audio captures of musical performances that are preserved on various media formats for playback.

Copyright Owners

Individuals or entities that possess the legal rights to produce, reproduce, perform, or distribute copyrighted works.

Unauthorized Digital Downloads

The act of obtaining digital media, such as music or movies, without the owner's permission.

Motion Picture Industry

The sector comprising companies and professionals involved in the production, distribution, and exhibition of films and movies.

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