Reference no: EM131903452
Problem - The following information pertains to Wamser Company:
Cash $22,500
Accounts receivable 126,000
Inventory 75,000
Plant assets (net) 385,000
Total assets $608,500
Accounts payable $75,500
Accrued taxes and expenses payable 24,500
Long-term debt 48,500
Common stock ($10 par) 160,000
Paid-in capital in excess of par 88,500
Retained earnings 211,500
Total equities $608,500
Net sales (all on credit) $800,000
Cost of goods sold 600,000
Net income 81,000
Compute the following:
(a) Current ratio
(b) Inventory turnover
(c) Accounts receivable turnover
(d) Book value per share
(e) Earnings per share
(f) Debt to assets
(g) Profit margin on sales
(h) Return on common stock equity