Solution-Calculate the current ratio for each year

Calculate the current ratio for each year

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Reference no: EM132464756

	2017	2016
Current assets	$ 865,200	$980,000
Total assets	1,897,200	1,812,000
Current liabilities	412,000	350,000
Total liabilities	562,900	504,700
Net income	180,000	404,800
Net cash provided by operating activities	335,000	486,000
Capital expenditures	300,000	270,600
Dividends paid on common stock	78,000	119,500
Weighted-average shares outstanding	201,500	212,500

Question (1) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)

Question (2) Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2017 2016

Question (3) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.g. 29.5%.)

Reference no: EM132464756

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Calculate the current ratio for each year

Reference no: EM132464756

Reference no: EM132464756

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