another question... (theres 3 questions) The Amos Corporation reported the...
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another question...
(theres 3 questions)
The Amos Corporation reported the following income statement and balance sheet amounts and additional information for the end of the current year End of current year End of prior year Net sales revenue (all credit) $1,320,000 Cost of goods sold $825.000 Gross profit $495.000 Selling/general expenses $280,000 Interest expense $42.000 Net Income $173,000 Current assets Long-term assets Total assets $113,000 $512,000 $625,000 $82,000 $440,000 $522,000 O A. 22.37 times OB. 0.04 times OC. 2.93 times OD. 13.98 times 3522,000 $52,000 $245,000 $225,000 $522,000 Total assets 3625,000 Current liabilities $57,000 Long-term liabilities $275,000 Common stockholders' equity $293.000 Total liabilities and stockholders' equity $625,000 Inventory and prepaid expenses account for $30,000 of the current year's current assets. Average inventory for the current year is $36,250. Average net accounts receivable for the current year is $59,000. There are 35,000 shares of common stock outstanding Total dividends paid during the current year were $17.000. The market price per share of common stock is $20. What is the accounts receivable turnover for the current year? O A. 22.37 times OB. 0.04 times OC. 2.93 times OD. 13.98 times Total assets Current liabilities Long-term liabilities Common stockholders' equity Total liabilities and stockholders' equity 3625,000 $57,000 $275,000 $293,000 $625,000 $522,000 $52,000 $245,000 $225,000 $522,000 Inventory and prepaid expenses account for $30,000 of the current year's current assets. Average inventory for the current year is $36,250. Average net accounts receivable for the current year is $45,000. There are 35,000 shares of common stock outstanding. Total dividends paid during the current year were $17,000. The market price per share of common stock is $20. What is the times-interest - earned ratio for the current year? O A. 1 times OB. 5 times O C. 1.9 times OD. 0.2 times What is the rate of return on net sales for the current year? O A. 8.79 OB. 0.28 OC. 0.17 O D. 0.11
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