The financial statements for the Ozzie Company are presented below.
The common stock was outstanding the entire year and is selling for $28 per share at year-end.The company has declared and paid dividends of $4.00 per share for the year.The income tax rate is 40%.Assume a business year of 360 days.Balances for certain items at December 31, 2010, were:
$\begin{array}{lr}
\text { Inventory } & \$ 48,000 \
\text { Total assets } & 260,000 \
\text { Total stockholders' equity } & 157,200
\end{array}$
Required:
Based on the data provided for Ozzie Company, compute the following ratios for 2011:
$\begin{array}{ll}
\text { a. } & \text { price/e arrings } \
\text { b. } & \text { dividend yield } \
\text { c. } & \text { profit margin } \
\text { d. } & \text { return on total as sets } \
\text { e. } & \text { current } \
\text { f. } & \text { inventory turnover } \
\text { g. } & \text { debt }
\end{array}$

Question

The financial statements for the Ozzie Company are presented below.
  The common stock was outstanding the entire year and is selling for $28 per share at year-end.The company has declared and paid dividends of $4.00 per share for the year.The income tax rate is 40%.Assume a business year of 360 days.Balances for certain items at December 31, 2010, were:
 $\begin{array}{lr}
\text { Inventory } & \$ 48,000 \
\text { Total assets } & 260,000 \
\text { Total stockholders' equity } & 157,200
\end{array}$
 Required:
Based on the data provided for Ozzie Company, compute the following ratios for 2011:
 $\begin{array}{ll}
\text { a. } & \text { price/e arrings } \
\text { b. } & \text { dividend yield } \
\text { c. } & \text { profit margin } \
\text { d. } & \text { return on total as sets } \
\text { e. } & \text { current } \
\text { f. } & \text { inventory turnover } \
\text { g. } & \text { debt }
\end{array}$

Quizplus · Accepted Answer

The Answer of The financial statements for the Ozzie Company are presented below.
  The common stock was outstanding the entire year and is selling for $28 per share at year-end.The company has declared and paid dividends of $4.00 per share for the year.The income tax rate is 40%.Assume a business year of 360 days.Balances for certain items at December 31, 2010, were:
 $\begin{array}{lr}
\text { Inventory } & \$ 48,000 \
\text { Total assets } & 260,000 \
\text { Total stockholders' equity } & 157,200
\end{array}$
 Required:
Based on the data provided for Ozzie Company, compute the following ratios for 2011:
 $\begin{array}{ll}
\text { a. } & \text { price/e arrings } \
\text { b. } & \text { dividend yield } \
\text { c. } & \text { profit margin } \
\text { d. } & \text { return on total as sets } \
\text { e. } & \text { current } \
\text { f. } & \text { inventory turnover } \
\text { g. } & \text { debt }
\end{array}$