Compute the rate of return on assets, profit margin on sales,


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Mar 21, 2014. Compute the rate of return on assets, profit margin on sales, earnings per share, price-earnings ratio, and current ratio for each of the 5 years for Matheny Inc. ATTACHMENT PREVIEW Download attachment Problem 24.docx Problem 24­5 Matheny Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily through the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary of Matheny Inc. operations. ($000 omitted) 2013 Sales 2012 2011 2010 2009 $20,900 $16,130 $14,260 $6,090 $4,660 2,650 1,440 870 710 280 22,150 19,950 11,710 4,850 3,180 Current assets 8,590 7,550 3,270 1,890 1,500 Working capital 4,560 3,350 1,760 570 500 2,400 2,400 2,400 30 30 $9 $6 $3 Net income Average total assets Common shares: Number of shares outstanding (000) Average market price — — Compute the rate of return on assets, profit margin on sales, earnings per share, price­earnings ratio, and current ratio for each of the 5 years for Matheny Inc. (Round answers to 2 decimal places, e.g. 2.25.) 2013 Rate of return on assets % Profit margin on sales % Earnings per share $ Price­ earnings ratio times Current ratio times Click Open Show Work if you would like to Show Work for this questi 2012 2011 2010 2009 % % % % % % % % $ $ $ times times times times $ times times on: Read more joanns16
posted a question · Mar 21, 2014 at 9:51am

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