Selected financial information for CraneCorporation as of December are presented below. 2014 2013 Current assets $82,640 $63,140 Current liabilities 34,440 28,700 Stockholders’ equity 98,400 86,920 Total assets 246,000 221,400 Net sales and net income for 2014 were $369,000 and $29,520 respectively. Dividends of $3,280 were declared for common stockholders and $4,920for preferred shareholders in 2014. Preferred stockholders' equity is equal to 10% of total stockholders' equity. Compute the indicated ratios at December 31, 2014, or for the year ended December 31, 2014, as appropriate. (Round answers to 2 decimal places, e.g. 2.12.) 1. Return on assets enter percentages rounded to 2 demical places % 2. Profit margin enter percentages rounded to 2 demical places % 3. Payout ratio enter percentages rounded to 2 demical places % 4. Debt assets ratio enter percentages rounded to 2 demical places % 5. Current ratio enter ratio rounded to 2 demical places : 1 6. Return on common stockholders' equity enter percentages rounded to 2 demical places % What is the payout ratio, debt assets ratio, current ratio and return on common stockholders equity? Thank you?

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter13: Financial Statement Analysis

Section: Chapter Questions

Problem 13.16E

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Selected financial information for CraneCorporation as of December are presented below.

	2014	2013
Current assets	$82,640	$63,140
Current liabilities	34,440	28,700
Stockholders’ equity	98,400	86,920
Total assets	246,000	221,400

Net sales and net income for 2014 were $369,000 and $29,520 respectively. Dividends of $3,280 were declared for common stockholders and $4,920for preferred shareholders in 2014. Preferred stockholders' equity is equal to 10% of total stockholders' equity.
Compute the indicated ratios at December 31, 2014, or for the year ended December 31, 2014, as appropriate. (Round answers to 2 decimal places, e.g. 2.12.)

1.	Return on assets	enter percentages rounded to 2 demical places	%
2.	Profit margin	enter percentages rounded to 2 demical places	%
3.	Payout ratio	enter percentages rounded to 2 demical places	%
4.	Debt assets ratio	enter percentages rounded to 2 demical places	%
5.	Current ratio	enter ratio rounded to 2 demical places	: 1
6.	Return on common stockholders' equity	enter percentages rounded to 2 demical places	%

What is the payout ratio, debt assets ratio, current ratio and return on common stockholders equity? Thank you?

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