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Yadier 4300

Price: $1.99


Yadier Corporation’s comparative balance sheets are presented below.
Yadier Corporation
Balance Sheets
31-Dec
  2014 2013
Cash   4,300  3,700
Accounts receivable   22,000  24,000
Inventory   10,000  7,000
Land   20,000  26,000
Buildings   70,000  70,000
Accumulated depreciation - buildings   (15,000)  (10,000)
 Total   111,300  120,700
 
Accounts payable   12,000  31,100
Common stock   75,000  69,000
Retained earnings   24,300  20,600
 Total   111,300  120,700

Yadier’s 2014 income statement included net sales of $100,000, cost of goods sold of
$60,350, and net income of $14,000.

Instructions
Compute the following ratios for 2014.
(a) Current ratio.
(b) Acid-test ratio.
(c) Receivables turnover.
(d) Inventory turnover.
(e) Profit margin.
(f) Asset turnover.
(g) Return on assets.
(h) Return on common stockholders’ equity.
(i) Debt to total assets ratio.

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