Use the Following Information to Calculate the Ratios Requested Below

question 161

Essay

Use the following information to calculate the ratios requested below. Round answers to two decimal places. Show your work.
$$\begin{array} { l r } \text { Average total assets } & \$ 112,500 \\\text { Current assets, December } 31 & 32,000 \\\text { Current liabilities, December } 31 & 10,000 \\\text { Dividends paid } & 7,000 \\\text { Stockhol ders' equity, December } 31 & 62,500 \\\text { Net sales } & 270,000 \\\text { Total liabilities, December 31 } & 50,000 \\\text { Market price, December 31, on 2,000 shares } & \$ 70 / \text { share }\end{array}$$ $$\begin{array} { | l | l | l | l | l } \hline \text { Dividendsyield } & \text { Debt to equityratid } & \\\hline \text { Curtantratid } & \text { Amet turnever } & \\\hline & & &\end{array}$$

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Definitions:

Attrition

The reduction in workforce through employees leaving naturally (e.g., retirement, resignation) without being replaced.

Delphi Technique

A structured method of gathering expert opinions through questionnaires with multiple rounds allowing for feedback and refinement of responses.

Dynamic Technological Changes

Refers to the ongoing and rapid evolution of technology, impacting how businesses operate and compete.

Staffing Levels

The number of employees designated for a particular business operation or department to ensure efficient performance.