Selected data from the Carmen Company at year end are presented below:
Calculate:
(a) ratio of sales to assets;
(b) rate earned on total assets;
(c) rate earned on common stockholders'
equity;
(d) earnings per share on common stock. Assume the company had no preferred stock or interest
expense. Round percentage values to one decimal place and dollar values to zero decimal place.

Question

Selected data from the Carmen Company at year end are presented below:  
Calculate: 
(a) ratio of sales to assets; 
(b) rate earned on total assets; 
(c) rate earned on common stockholders' 
equity; 
(d) earnings per share on common stock. Assume the company had no preferred stock or interest 
expense. Round percentage values to one decimal place and dollar values to zero decimal place.

Quizplus · Accepted Answer

The Answer of Selected data from the Carmen Company at year end are presented below:  
Calculate: 
(a) ratio of sales to assets; 
(b) rate earned on total assets; 
(c) rate earned on common stockholders' 
equity; 
(d) earnings per share on common stock. Assume the company had no preferred stock or interest 
expense. Round percentage values to one decimal place and dollar values to zero decimal place.

Selected Data from the Carmen Company at Year End Are