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  3. the following information pertains to oriole compa

The following information pertains to Oriole Company: Cash $22,000...

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Accounting

The following information pertains to Oriole Company:

Cash $22,000
Accounts receivable 125,500
Inventory 75,500
Plant assets (net) 384,500
Total assets $607,500
Accounts payable $75,000
Accrued taxes and expenses payable 25,000
Long-term debt 49,500
Common stock ($10 par) 155,000
Paid-in capital in excess of par 88,500
Retained earnings 214,500
Total equities $607,500
Net sales (all on credit) $801,500
Cost of goods sold 602,000
Net income 81,000

Compute the following:

image

(a) Current ratio :1 (b) Inventory turnover times (c) Accounts receivable turnover times (d) Book value per share $ (e) Earnings per share $ (f) Debt to assets % (g) Profit margin on sales % (h) Return on common stockholders' equity %

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