(Click the icon to view the additional financial information.) Comparative financial statement data of Dangerfield, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) A Begin by selecting the formula to compute the gross profit percentage. - Requirements X Gross profit percentage = Gross profit/Net sales revenue A Balance Sheet Now, compute the gross profit percentage for 2018 and 2017. (Round your answers to one tenth of a percent, X.X% 2018: 48.39% 2017: 50.0 % 1. Compute the following ratios for 2018 and 2017: a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross profit percentage f. Debt to equity ratio g. Rate of return on common stockholders equity h. Earnings per share of common stock i. Pricelearnings ratio Decide (a) whether Dangerfields ability to pay debts and to sell inventory improved or deteriorated during 2018 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Dangerfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 Requirement 1f. Compute the debt to equity ratios for 2018 and 2017. 2017 2016* Begin by selecting the formula to compute the debt to equity ratio. Assets Debt to equity ratio = Total liabilities/Total equity Current Assets: Now, compute the debt to equity ratios for 2018 and 2017. (Round your answers to two decimal places, X.XX.) $ 2018: 2017: 1.44 1.58 Cash Accounts Receivables, Net Merchandise Inventory Prepaid Expenses 92,000 $ 112,000 144,000 19,000 91,000 116,000 $ 107,000 162,000 208,000 9,000 Print Done Requirement 1g. Compute the rate of return on common stockholders equity for 2018 and 2017. Total Current Assets Begin by selecting the formula to compute the rate of return on common stockholders equity. Dangerfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 378,000 179,000 367,000 217,000 584,000 $ Property, Plant, and Equipme
(Click the icon to view the additional financial information.) Compar
(Click the icon to view the additional financial information.) Comparative financial statement data of Dangerfield, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) A Begin by selecting the formula to compute the gross profit percentage. - Requirements X Gross profit percentage = Gross profit/Net sales revenue A Balance Sheet Now, compute the gross profit percentage for 2018 and 2017. (Round your answers to one tenth of a percent, X.X% 2018: 48.39% 2017: 50.0 % 1. Compute the following ratios for 2018 and 2017: a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross profit percentage f. Debt to equity ratio g. Rate of return on common stockholders equity h. Earnings per share of common stock i. Pricelearnings ratio Decide (a) whether Dangerfields ability to pay debts and to sell inventory improved or deteriorated during 2018 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Dangerfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 Requirement 1f. Compute the debt to equity ratios for 2018 and 2017. 2017 2016* Begin by selecting the formula to compute the debt to equity ratio. Assets Debt to equity ratio = Total liabilities/Total equity Current Assets: Now, compute the debt to equity ratios for 2018 and 2017. (Round your answers to two decimal places, X.XX.) $ 2018: 2017: 1.44 1.58 Cash Accounts Receivables, Net Merchandise Inventory Prepaid Expenses 92,000 $ 112,000 144,000 19,000 91,000 116,000 $ 107,000 162,000 208,000 9,000 Print Done Requirement 1g. Compute the rate of return on common stockholders equity for 2018 and 2017. Total Current Assets Begin by selecting the formula to compute the rate of return on common stockholders equity. Dangerfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 378,000 179,000 367,000 217,000 584,000 $ Property, Plant, and Equipme
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