141. Given the following information for the Siri Company, calculate the ratios as requested. December 31, December 31, Current assets $100,000 $150,000 ...





141. Given the following information for the Siri Company, calculate the ratios as requested.
























































December 31,





December 31,

















Current assets




$100,000




$150,000




Noncurrent assets




400,000




500,000




Current liabilities




50,000




100,000




Long-term debt




300,000




300,000




Common stock, 10,000 shares




100,000




100,000




Retained earnings




50,000




150,000

























142. The financial statements of the Poston Company appear below. Calculate the following ratios:











































a.




Rate of return on assets




b.




Rate of return on common shareholders' equity




c.




Earnings per share of common stock




d.




Current ratio (both dates)




e.




Cash flow from operations to current liabilities




f.




Long-term debt ratio (both dates)




g.




Cash flow from operations to total liabilities




h.




Interest coverage





































































Current assets




$180,000




$210,000




Noncurrent assets




255,000




275,000




Current liabilities




85,000




78,000




Long-term liabilities




30,000




75,000




Common stock, 10,000 shares




300,000




300,000




Retained earnings




20,000




32,000





















May 15, 2022
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