Business, 18.12.2019 07:31 shortty1111

Current ratio, debt ratio, and earnings per share selected items from successive annual reports of middlebrook, inc., appear as follows. year 2 year 1 total assets (40% of which are current) $400,000 $325,000 current liabilities $ 80,000 $100,000 bonds payable, 12% 100,000 50,000 capital stock, $5 par value 100,000 100,000 retained earnings 120,000 75,000 total liabilities & stockholders’ equity $400,000 $325,000 dividends of $16,000 were declared and paid in year 2. compute the following: a. current ratio for year 2 and year 1. b. debt ratio for year 2 and year 1. c. earnings per share for year 2.

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Current ratio, debt ratio, and earnings per share selected items from successive annual reports of m...