Given below are comparative balance sheets and an income statement for the Copper Corporation:
All sales were made on account. Cash dividends declared during the year totaled $29,300. Compute the following:
a) Average accounts receivable turnover ______times
b) Book value per share at the end of the current year $______________
c) Earnings per share of capital stock $______________
d) Return on assets (round to the nearest percent) __________%
e) Return on common stockholders' equity is computed by dividing $ ____________ by $______________

Question

Given below are comparative balance sheets and an income statement for the Copper Corporation: 
  All sales were made on account. Cash dividends declared during the year totaled $29,300. Compute the following:
a) Average accounts receivable turnover ______times
b) Book value per share at the end of the current year $______________ 
c) Earnings per share of capital stock $______________
d) Return on assets (round to the nearest percent) __________%
e) Return on common stockholders' equity is computed by dividing $ ____________ by $______________

Quizplus · Accepted Answer

The Answer of Given below are comparative balance sheets and an income statement for the Copper Corporation: 
  All sales were made on account. Cash dividends declared during the year totaled $29,300. Compute the following:
a) Average accounts receivable turnover ______times
b) Book value per share at the end of the current year $______________ 
c) Earnings per share of capital stock $______________
d) Return on assets (round to the nearest percent) __________%
e) Return on common stockholders' equity is computed by dividing $ ____________ by $______________

Given Below Are Comparative Balance Sheets and an Income Statement