Determine the measures for 2012

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Nineteen Measures of Solvency and Profitability

The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $60 on December 31, 2012.

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Instructions:

Determine the following measures for 2012, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Assume 365 days a year.

1. Working capital: $

2. Current ratio:

3. Quick ratio:

4. Accounts receivable turnover:

5. Number of days' sales in receivables:

6. Inventory turnover:

7. Number of days' sales in inventory:

8. Ratio of fixed assets to long-term liabilities:

9. Ratio of liabilities to stockholders' equity:

10. Number of times interest charges earned:

11. Number of times preferred dividends earned:

12. Ratio of net sales to assets:

13. Rate earned on total assets: %

14. Rate earned on stockholders' equity: %

15. Rate earned on common stockholders' equity: %

16. Earnings per share on common stock: $

17. Price-earnings ratio:

18. Dividends per share of common stock: $

19. Dividend yield: %

Reference no: EM13343602

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