Exam 14: Financial Statement Analysis

Financial statements for Orange Company appear below: Total dividends during Year 2 were $156,000, of which $18,000 were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $100. -Orange Company's dividend yield ratio on December 31,Year 2 was closest to which of the following?

Financial statements for Marcell Company appear below: -Marcell Company's acid-test (quick)ratio at the end of Year 2 was closest to which of the following?

Financial statements for March Company appear below: -March Company's current ratio at the end of Year 2 was closest to which of the following?

The gross margin percentage is calculated taking the difference between sales and cost of goods and then dividing the result by sales.

Financial statements for Larned Company appear below: Total dividends during Year 2 were $263,000, of which $12,000 were for preferred shares. The market price of a common share on December 31, Year 2 was $160. -Larned Company's earnings per common share for Year 2 was closest to which of the following?

The following data have been taken from your company's financial records for the current year: Earnings per Share \ 15 Dividend per Share \9 Market Price per Share \ 120 Book Value per Share \9 0 What is the price-earnings ratio?

Financial statements for Larned Company appear below: Total dividends during Year 2 were $263,000, of which $12,000 were for preferred shares. The market price of a common share on December 31, Year 2 was $160. -Larned Company's dividend yield ratio on December 31,Year 2 was closest to which of the following?

Information concerning the common shares of Morris Company as of the end of the company's fiscal year is presented below: Number of Shares Outstanding 460,000 Par Value per Share \ 5.00 Dividends Paid per Share \ 6.00 Market Price per Share \ 54.00 Earnings per Share \ 18.00 The dividend yield ratio is closest to which of the following?

The total assets of the Philbin Company on January 1 were $2.3 million and on December 31 were $2.5 million.Net income for the year was $188,000.Dividends for the year were $75,000,interest expense was $70,000,and the tax rate was 30%.The return on total assets for the year was closest to which of the following?

The acid-test ratio is a test of the quality of accounts receivable-in other words,whether they are likely to be collected.

Karl Company has total assets of $170,000 and total liabilities of $110,000.The company's debt-to-equity ratio is closest to which of the following?

The price-earnings ratio is determined by dividing the price of a product by its profit margin.

If a company's bonds bear an interest rate of 8%,its tax rate is 30%,and its assets are generating an after-tax return of 7%,what would be the leverage?

Brachlan Company's net income last year was $80,000,and its interest expense was $20,000.Total assets at the beginning of the year were $660,000,and total assets at the end of the year were $620,000.The company's income tax rate was 30%.The company's return on total assets for the year was closest to which of the following?

Financial statements for Orantes Company appear below: Total dividends during Year 2 were $181,000, of which $12,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $280. -Orantes Company's dividend yield ratio on December 31,Year 2 was closest to which of the following?

At the end of the year just completed,Orem Company's total current liabilities were $75,000,and its total long-term liabilities were $225,000.Working capital at year-end was $100,000.If the company's debt-to-equity ratio is 0.30 to 1,total long-term assets must equal which of the following?

Financial statements for Orantes Company appear below: Total dividends during Year 2 were $181,000, of which $12,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $280. -Orantes Company's earnings per common share for Year 2 was closest to which of the following?

Financial statements for Narumi Company appear below: -Narumi Company's debt-to-equity ratio at the end of Year 2 was closest to which of the following?

Financial statements for AAR Company appear below:

Financial statements for Oratz Company appear below: Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260. -Oratz Company's times interest earned for Year 2 was closest to which of the following?