Table 3
Hokie had net profit of $26 million for 1996 and paid total cash dividends of $20 million to their common stockholders.
-Calculate the following financial ratios for the Hokie Corporation using the information given in Table 3 and 2016 information.
current ratio
acid-test ratio
debt ratio
long-term debt to total capitalisation
return on total assets
return on common equity

Question

Table 3
  Hokie had net profit of $26 million for 1996 and paid total cash dividends of $20 million to their common stockholders.
-Calculate the following financial ratios for the Hokie Corporation using the information given in Table 3 and 2016 information.
current ratio
acid-test ratio
debt ratio
long-term debt to total capitalisation
return on total assets
return on common equity

Quizplus · Accepted Answer

The Answer of Table 3
  Hokie had net profit of $26 million for 1996 and paid total cash dividends of $20 million to their common stockholders.
-Calculate the following financial ratios for the Hokie Corporation using the information given in Table 3 and 2016 information.
current ratio
acid-test ratio
debt ratio
long-term debt to total capitalisation
return on total assets
return on common equity

Table 3 Hokie Had Net Profit of $26 Million for Million