Financial & Managerial Accting MBA-560 week 5

Problem 9-22

Required
Use the financial statements for Bernard Company from Problem 9-22 to calculate the following for 2012 and 2011.
a. Working capital 
b. Current ratio 
c. Quick ratio 
d. Accounts receivable turnover (beginning receivables at January 1, 2011, were $47,000)
e. Average number of days to collect accounts receivable
f. Inventory turnover (beginning inventory at January 1, 2011, was $140,000) 
g. Average number of days to sell inventory
h. Debt to assets ratio
i. Debt to equity ratio
j. Times interest earned 
k. Plant assets to long-term debt
l. Net margin 
m. Asset turnover 
n. Return on investment 
o. Return on equity 
p. Earnings per share 
q. Book value per share of common stock
r. Price-earnings ratio (market price per share: 2011, $11.75; 2012, $12.50) 
s. Dividend yield on common stock