FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 14: Financial Statement Analysis

Show Answer

Share

---

All types

Filters

Study Flashcards

Question 81

Essay

Review LaterAdd Note

Review Later

Tobia Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $6,300.The market price of common stock at the end of Year 2 was $1.78 per share. Required: a.What is the company's times interest earned ratio for Year 2? b.What is the company's debt-to-equity ratio at the end of Year 2? c.What is the company's equity multiplier at the end of Year 2? d.What is the company's earnings per share for Year 2? e.What is the company's price-earnings ratio for Year 2? f.What is the company's dividend payout ratio for Year 2? g.What is the company's dividend yield ratio for Year 2? h.What is the company's book value per share at the end of Year 2?

Correct Answer

verified

a.Times interest earned = Earnings befor...

View Answer

Show Answer

Question 82

Multiple Choice

Review LaterAdd Note

Review Later

Keyton Corporation's net operating income in Year 2 was $43,714, net income before taxes was $30,714, and the net income was $21,500.Total common stock was $200,000 at the end of both Year 2 and Year 1.The par value of common stock is $4 per share.The company's total stockholders' equity at the end of Year 2 amounted to $1,148,000 and at the end of Year 1 to $1,130,000.The company declared and paid $3,500 dividends on common stock in Year 2.The market price per share was $8.43 at the end of Year 2.The company's dividend payout ratio for Year 2 is closest to:

A) 0.8%
B) 1.8%
C) 16.3%
D) 11.4%

E) All of the above
F) A) and B)

Correct Answer

verified

Show Answer

Question 83

Multiple Choice

Review LaterAdd Note

The company's total asset turnover for Year 2 is closest to:

Mihok Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,000.The market price of common stock at the end of Year 2 was $0.97 per share. Required: a.What is the company's earnings per share for Year 2? b.What is the company's price-earnings ratio for Year 2? c.What is the company's dividend payout ratio for Year 2? d.What is the company's dividend yield ratio for Year 2? e.What is the company's book value per share at the end of Year 2?

The company's net profit margin percentage for Year 2 is closest to:

The average collection period for Year 2 is closest to:

The price-earnings ratio is determined by dividing market price per share of stock by the earnings per share.

Accounts receivable turnover will normally decrease as a result of:

Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.

Schepp Corporation has provided the following financial data: Required: a.What is the company's times interest earned ratio for Year 2? b.What is the company's debt-to-equity ratio at the end of Year 2? c.What is the company's equity multiplier at the end of Year 2? d.What is the company's net profit margin percentage for Year 2? e.What is the company's gross margin percentage for Year 2? f.What is the company's return on total assets for Year 2? g.What is the company's return on equity for Year 2?

A common-size financial statement is a vertical analysis in which each financial statement account is expressed as a percentage.

Harris Corporation, a retailer, had cost of goods sold of $290,000 last year.The beginning inventory balance was $26,000 and the ending inventory balance was $24,000.The corporation's inventory turnover was closest to:

The accounts receivable for Note Corporation was $240,000 at the beginning of the year and $260,000 at the end of the year.If the accounts receivable turnover for the year was 8 and 20% of the total sales were cash sales, the total sales for the year were:

The company's current ratio is closest to:

Hagle Corporation has provided the following financial data: Required: a.What is the company's accounts receivable turnover for Year 2? b.What is the company's average collection period for Year 2? c.What is the company's inventory turnover for Year 2? d.What is the company's average sale period for Year 2? e.What is the company's operating cycle for Year 2? f.What is the company's total asset turnover for Year 2?

Kestner Corporation has provided the following financial data: Required: a.What is the company's accounts receivable turnover for Year 2? b.What is the company's average collection period for Year 2? c.What is the company's inventory turnover for Year 2? d.What is the company's average sale period for Year 2? e.What is the company's operating cycle for Year 2? f.What is the company's total asset turnover for Year 2?

The company's debt-to-equity ratio at the end of Year 2 is closest to:

The acid-test (quick) ratio at the end of Year 2 is closest to:

Maraby Corporation's average collection period for Year 2 was closest to:

McRae Corporation's total current assets are $380,000, its noncurrent assets are $500,000, its total current liabilities are $340,000, its long-term liabilities are $250,000, and its stockholders' equity is $290,000.Working capital is: