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The following information pertains to Tyson Company Cash $40000 Accounts receivable $125000 Merchandise inventory $75000 Plant

The following information pertains to Tyson Company
Cash ………………………………………………………………………..$40,000
Accounts receivable …………………………………………………$125,000
Merchandise inventory ……………………………………………….$75,000
Plant assets (net) ………………………………………………………$360,000
Total assets ………………………………………………………………$600,000
Accounts payable ……………………………………………………….$55,000
Accrued taxes and expenses payable ……………………………..$25,000
Long-term debt ………………………………………………………….$120,000
Common stock ($10 par) …………………………………………….$160,000
Paid-in capital in excess of par ………………………………………$40,000
Retained earnings ………………………………………………………$200,000
Total equities ……………………………………………………………..$600,000
Net sales (all on credit) ……………………………………………….$900,000
Cost of goods sold ………………………………………………………675,000
Net income ………………………………………………………………….72,000

 

Instructions
Compute the following: (It is not necessary to use averages for any balance sheet figures involved.)
(a) Current ratio
(b) Inventory turnover
(c) Receivables turnover
(d) Book value per share
(e) Earnings per share
(f) Debt to total assets
(g) Profit margin on sales
(h) Return on common stock equity

Apr 01 2020 View more View Less

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