Financial Ratios
Shown Below Are Some Key Figures from the Balance

question 129

Essay

Financial ratios
Shown below are some key figures from the balance sheets of Minuteman Gas Company for two successive years:
$\begin{array}{|l|r|r|} \hline& \text { December } 31,2010 & \text { December } 31,2009 \\\hline \text { Total assets (of which } 30 \% \text { are current) } & \$ 2,820,000 & \$ 2,220,000 \\\hline \text { Current liabilities } & \$ 336,000 & \$ 372,000 \\\hline \text { Bonds payable (long term) } & \$ 1,080,000 & \$ 840,000 \\\hline \text { Share capital, } \$ 6 \text { par value } & \$ 660,000 & \$ 660,000 \\\hline \text { Retained Earnings } & \$ 828,000 & \$ 480,000\\\hline\end{array}$ Dividends of $96,000 were declared and paid in 2010. Compute the following: $$\begin{array} { | l | l | } \hline \text { Current ratio at end of } 2009 &\quad\quad \\\hline \text { Current ratio at end of } 2010 & \\\hline \text { Working capital at end of } 2009 & \\\hline \text { Working capital at end of } 2010 & \\\hline \text { Debt ratio at end of } 2009 & \\\hline \text { Debt ratio at end of } 2010 & \\\hline \text { Earnings per share for } 2010 & \\\hline\end{array}$$

Understand the concepts of demographic transition and population age structures.

Identify strategies for effective birth control and their implications on population trends.

Recognize the role of immigration, emigration, and ethnic diversity in shaping population characteristics.

Understand the factors influencing population growth and decline.

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