The comparative statements of Wahlberg Company are presented here.
All sales were on account. Net cash provided by operating activities for 2020 was $220,000. Capital expenditures were $136,000, and cash dividends were $70,000.
Instructions
Compute the following ratios for 2020.
a. Earnings per share.
b. Return on common stockholders’ equity.
c. Return on assets.
d. Current ratio.
e. Accounts receivable turnover.
f. Average collection period.
g. Inventory turnover.
h. Days in inventory.
i. Times interest earned.
j. Asset turnover.
k. Debt to assets ratio.
l. Free cash flow.
