Use the Following Information to Calculate the Ratios Requested Below

question 119

Essay

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

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Definitions:

Material

The substance or substances out of which a thing is or can be made.

Ego Ideal

Part of the psyche that consists of the ideal self or the standard by which one measures oneself against, often a driver for striving and self-improvement.

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, embodying societal norms and ideals against which the ego and id are evaluated.

Standard

A level of quality or attainment used as a measure, norm, or model in comparative evaluations.