You are evaluating the balance sheet for PattyCake’s Corporation. From the balance sheet you find the...

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Finance

You are evaluating the balance sheet for PattyCake’sCorporation. From the balance sheet you find the followingbalances: cash and marketable securities = $410,000; accountsreceivable = $1,180,000; inventory = $2,080,000; accrued wages andtaxes = $490,000; accounts payable = $790,000; and notes payable =$580,000.
Calculate PattyCakes’ current ratio. (Round your answerto 2 decimal places.)
Calculate PattyCakes’ quick ratio. (Round your answer to2 decimal places.)
Calculate PattyCakes’ cash ratio. (Round your answer to2 decimal places.)
Maggie’s Skunk Removal Corp.’s 2018 income statement listed netsales of $13.5 million, gross profit of $9.10 million, EBIT of $6.6million, net income available to common stockholders of $4.2million, and common stock dividends of $2.2 million. The 2018year-end balance sheet listed total assets of $53.5 million andcommon stockholders' equity of $22.0 million with 2.0 millionshares outstanding.

Calculate the gross profit margin. (Round your answer to 2decimal places.)
Calculate the operating profit margin. (Round youranswer to 2 decimal places.)
Calculate the profit margin. (Round your answer to 2decimal places.)
Calculate the basic earnings power. (Round your answerto 2 decimal places.)
Calculate the return on assets. (Round your answer to 2decimal places.)
Calculate the return on equity. (Round your answer to 2decimal places.)
Calculate the dividend payout. (Round your answer to 2decimal places.)

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You are evaluating the balance sheet for PattyCake’sCorporation. From the balance sheet you find the followingbalances: cash and marketable securities = $410,000; accountsreceivable = $1,180,000; inventory = $2,080,000; accrued wages andtaxes = $490,000; accounts payable = $790,000; and notes payable =$580,000.Calculate PattyCakes’ current ratio. (Round your answerto 2 decimal places.)Calculate PattyCakes’ quick ratio. (Round your answer to2 decimal places.)Calculate PattyCakes’ cash ratio. (Round your answer to2 decimal places.)Maggie’s Skunk Removal Corp.’s 2018 income statement listed netsales of $13.5 million, gross profit of $9.10 million, EBIT of $6.6million, net income available to common stockholders of $4.2million, and common stock dividends of $2.2 million. The 2018year-end balance sheet listed total assets of $53.5 million andcommon stockholders' equity of $22.0 million with 2.0 millionshares outstanding.Calculate the gross profit margin. (Round your answer to 2decimal places.)Calculate the operating profit margin. (Round youranswer to 2 decimal places.)Calculate the profit margin. (Round your answer to 2decimal places.)Calculate the basic earnings power. (Round your answerto 2 decimal places.)Calculate the return on assets. (Round your answer to 2decimal places.)Calculate the return on equity. (Round your answer to 2decimal places.)Calculate the dividend payout. (Round your answer to 2decimal places.)