The comparative statements of Corbin Company are presented below and on Compute numerous rations.

Additional data
The common stock recently sold at $19.50 per share

Instructions

1. Current.Ratio
2. Acid-Test Ratio
3. Accounts Receivables turnover.
4. Profit margin.
5. Asset turnover.
6. Return on assets.
7. Return on common stockholders' equity.
8. Earning Per share
9. Price-earning ratio.
10. Payout ratio
11. Debt to total assets.
12. Times interest earned.

Solution