Selected data from 2010 annual report of Frisch's Restaurants Inc. follow: required a. Compute the...
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Accounting
Selected data from 2010 annual report of Frisch's Restaurants Inc. follow:
required
a. Compute the follwoing for 2010 and 2009
1. Degree of financial leverage
2. price/earnings ratio
3. percentage of earnings retained
4. dividend yield
5. common stock-authorized
6. common stock-issued
7. treasury stock
8. common stock outstanding
9. book value per share
b. comment on the ratios computed under (a)
c. 1. identify special items on the incoe statement for the years 2010 and 2009.
2. how would these special items be removed from net earnings?
Book: Financial reporting & analysis Gibson, 2013 13e
page 387
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