Please answer part im Many thanksSolutioni Ratio of sales to
Please answer part i-m. Many thanks!
Solution
i. Ratio of sales to assets
$34350/$23259
=$1.48
$32376/$21379
=$1.51
j. Return on total assets
$4240/$23259
=$0.18
$3760/$21379
=$0.18
k. Return on common stockholder\'s equity
$4240/$12407
=$0.34
$3760/$12258
=$0.31
Working Note:
Calculation for Common stockholder\'s equity
Liabilities 2017($) 2016($)
Common stock value of class B 3 3
Capital in excess of stated value 8638 7786
Accumulated other comprehensive (loss) income (213) 318
Retained Earnings 3979 4151
Total 12407 12258
l. Price-eartnings ratio
Basic
$54.90/$2.56
=$21.45
Diluted
$54.90/$2.51
=$21.87
Basic
$52.81/$2.21
=$23.90
Diluted
$52.81/$2.16
=$24.45
m. Percent relationship of net income to sales
$4240/$34350*100
=12.34%
$3760/$32376*100
=11.61%
| 2017 | 2016 |
| Revenue/Total Assets | Revenue/Total Assets |
| $34350/$23259 =$1.48 | $32376/$21379 =$1.51 |

