The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 3 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Shown below are selected data from a recent annual report of Kimberly-Clark Corporation, a large consumer products provider. (Dollar amounts are in millions.) (Round your percentage answers to 2 decimal places. i.e. 0.1234 as 12.34%.)
| Â |
Beginning |
End of |
||||||
|
  Total assets |
 |
$ |
19,373 |
 |
$ |
19,873 |
 | |
|
  Total stockholders' equity |
 |  |
4,985 |
 |  |
5,249 |
 | |
|
  Operating income |
 |  |  |  |  |
2,686 |
 | |
|
  Net income |
 |  |  |  |  |
1,828 |
 | |
| Â | ||||||||
|
a. |
Compute for the year Kimberly-Clark Ac€?cs return on average total assets. |
|||||||
| Â | Â | Â | Â | Â | Â | Â | Â | Â |
Return on assets__________%
|
b. |
Compute for the year Kimberly-Clark's return on average total stockholders' equity. |
Return on equity__________%
|
Selected items from successive annual reports of Middlebrook, Inc., appear as follows. |
 Â
| Â |
2015 |
 |
2014 |
||
|
  Total assets (40% of which are current) |
$ |
400,000Â Â |
 |
$ |
325,000 |
| Â | Â | Â | Â | Â | Â |
|
  Current liabilities |
$ |
80,000Â Â |
 |
$ |
100,000 |
|
  Bonds payable, 12% |
 |
100,000Â Â |
 |  |
50,000Â Â |
|
  Capital stock, $5 par value |
 |
100,000Â Â |
 |  |
100,000Â Â |
|
  Retained earnings |
 |
120,000 |
 |  |
75,000 |
| Â | Â | Â | Â | Â | Â |
|
  Total liabilities & stockholders' equity |
$ |
400,000 |
 |
$ |
325,000 |
| Â | Â | Â | Â | Â | Â |
| Â | |||||
|
Dividends of $16,000 were declared and paid in 2015. |
|||||
  Â
|
a. |
Compute the current ratio for 2015 and 2014. (Round your answers to 1 decimal place.) |
||||
| Â |
2015 |
2014 |
|||
|
Current ratio |
         |
To 1 |
         |
To 1 |
|
| Â | Â | Â | Â | Â | Â |
|
b. |
Compute the debt ratio for 2015 and 2014. (Round your percentage answers to nearest whole percent. i.e. 0.1234 as 12%.) |
Debt ratio   2015_____%     2014 _________%
|
c. |
Compute the earnings per share for 2015. (Round your answer to 2 decimal places.) |
Earnings per share__________
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll