please help me Bratie, Inc.'s 2024 balance sheet reported the following items-with 2023 figures given for comparison:(Clickthe icon to view the 2024 and 2023 figures.)Net income for 2024 was $3,720. Compute Bratie's rate of return on common stockholders' equity for 2024.Select the formula, then enter the amounts to calculate the company's rate of returncommon stockholders' equity for 2024. (Abbreviations used: Ave. average, OS outstanding, SE = stockholders' equity, shrs shares. Complete= Rate of return on common SEinput boxes. Enter "0" for any zero amounts.)Data tableTotal AssetsBratie, Inc.Balance SheetAs of December 31, 2024, and December 31, 2023December 31, 202434,000 $December 31, 202331,900Total Liabilities13,00015,700Total Stockholders' Equity (all common)Total Liabilities and Stockholders' Equity21,00016.20034,000 $31.900PrintDone

Given data table:- In summary:- (Net income-Preferred dividend )÷Avg common stockholder's…

Answered: Bratie, Inc.'s 2024 balance sheet…

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 17E

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Required: 1. Calculate the average common stockholders equity. 2. Calculate the return on stockholders equity.
Ratio Analysis Consider the following information taken from the stockholders equity section: How do you interpret the companys payout and profitability performance? Required: 1. Calculate the following for 2020. (Note. Round answers to two decimal places.) 2. CONCEPTUAL CONNECTION Assume 2019 ratios were: and the current year industry averages are: How do you interpret the companys payout and profitability performance?
Use information from the balance sheet and income statement to calculate the following financial ratios and the market value added (MVA). (Whenever balance sheet numbers are used to calculate financial ratios, please ensure that you use the average of the 2019 and 2020 numbers in your calculation. To calculate MVA, you can assume that the average book value number for common stock and paid-in-surplus is the amount that the shareholders initially invested in the company.)
Data table Income Statement-partial: Net Income Balance Sheet-partial: Total Assets Paid-In Capital: Preferred Stock-2%, $5 Par Value; 85,000 shares authorized, 5,000 shares issued and outstanding Common Stock-$3 Par Value; 85,000 shares authorized; 55,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Retained Earnings Total Stockholders' Equity Print $ $ $ $ Done 2024 22,500 $ 260,000 $ Dec. 31, 2024 Dec. 31, 2023 25,000 $ 165,000 2023 5,000 52,000 247,000 $ 25,000 265,000 25,000 165,000 5,000 30,000 225,000
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Required:a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings:1- ROCE2- ROE3- Earnings per share4- Net profit margin5- Asset turnover6- Stock holding days7- Debtors collection period8- Current ratio9- Gearing ratio10- Interest cover
Additional information: 1. The market price of Pina’s common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 2. You must compute dividends paid. All dividends were paid in cash. Compute the following ratios for 2021 and 2022. 2022 2021 Profit margin enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Gross profit rate enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Asset turnover enter asset turnover in times times enter asset turnover in times times (Round answers to 2 decimal places, e.g. 1.83.) Earnings per share $enter earnings per share in dollars $enter earnings per share in dollars (Round answers to 2 decimal places, e.g. 1.83.) Price-earnings ratio enter price-earnings ratio in times times enter price-earnings ratio in times times (Round answers to 1 decimal place,…
The comparative statements of Dubai Company are presented below. All sales were on account. The allowance for doubtful accounts was $3,200 on December 31, 2017, and $3,000 on December 31, 2020. Required: Compute the following ratios for 2021. (Weighted average common shares in 2021 were 62,500.) Earnings per share. Return on common stockholders’ equity. Return on assets.
Timmy Company's comparative balance sheet at January 31, 2022, and 2021, reports the following (in millions): E (Click the icon to view the comparative balance sheet.) Read the requirements. Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation. (Enter an amount in each input area. Input a "0" when there is no amount to be entered. Enter amounts in millions. Use a minus sign or parentheses when entering net losses or numbers to be subtracted.) Situation #1 Total stockholders' equity, January 31, 2021 Data table Add: Issuance of stock Net income 2022 2021 Less: Dividends declared Total assets $ 72 $ 52 Net loss Total liabilities 20 16 Total stockholders' equity, January 31, 2022 Print Done Requirements The following are three situations related Timmy Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2022. For each situation, use the accounting equation and what you know from…
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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Calculate the following financial ratios for each year: current ratio? quick ratio? cash ratio? debt-equity ratio and equity multiplier? total debt ratio?

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