use the financial statements for bernard company from problem 9 22 to calculate the 459019

a. Working capital

b. Current Ratio

c. Quick Ratio

d. Accounts receivable turnover (beginning receivables at 01/01/2011, was $47,000)

e. Average number of days to collect accounts receivable

f. Inventory turnover (beginning inventory at 01/01/2011, was $140,000)

g. Average number of days to sell inventory

h. Debt to asset ratio

i. Debt to equity ratio

j. Times interest earned

k. Plant assets to long-term debt

l. Net margin

m. Asset turnover

n. Return on investment (ROI)

o. Return on Equity (ROE)

p. Earnings per share

q. Book value per share of common stock

r. Price-earnings ratio (market price per share, 2011, $11.75; 2012, $12.50)

s. Dividend yield on common stock

Ratio Analysis

Bernard Company Balance Sheets

Assets 2012 2011

current Assets

Cash $16,000 $12,000

marketable Secr. 20,000 6,000

acct. rec. (net) 54,000 46,000

inventories 135,000 143,000

prepaid items 25,000 10,000

Total current *** 250,000 217,000

investments 27,000 20,000

plant (net) 270,000 255,000

land 29,000 24,000

Total assets $576,000 $516,000

liabilities

current liabilities

notes payable $17,000 $6,000

accounts Payable 113,800 100,000

salarys 21,000 15,000

total liabilities 151,800 121,000

noncurrent liab.

bonds payable 100,000 100,00

other 32,000 27,000

total noncurrent 132,000 127,000

total liabilities 283,800 248,000

stockholders equity

preferred stock, par value 80,000 80,000

$10, 4% cumulative, non-

participating 8,000 shares authorized:

10,000 shares issued 80,000 80,000

retained earnings 132,200 108,000

total stockholders eq 292,200 268,000

total liabilities and

stockholders equity $576,000 $516,000

Bernards Company statements of income and retained earnings for the years ended December 31