Sheet1Raul BurguenoSOLVENCY MEASUREMETHOD OF COMPUTATIONANSWER 2015Industry averageWORKING CAPITAL CURENT ASSETS – CURRENT LIABILITIES$9,683–$5,312$ 4,371.00CURRENT RATIOCURRENT ASSETS/CURRENT LIABILITIES$9,683/$5,3121.80.52QUICK RATIOQUICK ASSETS($9683-$522-$330)$ 8,831.00CURRENT LIABILITIES$ 5,312.00$ 5,312.001.71.7ACCOUNT RECEIVABLE TURNOVERNET SALES$45,567$45,567AVERAGE ACCOUNT RECEIVABLE($5460+$5044)/2$ 5,252.008.78.74NUMBER OF DAYS SALES IN RECEIVABLESAVERAGE ACCOUNT RECEIVABLE($5460+$5044)/2$ 5,252.00AVERAGE DAILY SALES($45567/365)$ 124.8442.1INVENTORY TURNOVERTURNOVERCOST OF GOODS SOLD($16555+$8011+$2622)$ 27,188.00AVERAGE INVENTORY($463+$457)/2$ 460.005972NUMBER OF DAYS SALES IN INVENTORYAVERAGE INVENTORY($463+$457)/2$ 460.00AVERAGE DAILY COST OF GOODS SOLD$27188/365$ 74.496.2RATIO OF FIXED ASSETS TO LONGTERM LIABILITIESFIXED ASSETS$19,550$19,550LONG TERM LIABILITIES($4736+$7745)$ 12,481.001.62.4RATIO OF LIABILITIES TO STOCKHOLDER'S EQUITYTOTAL LIABILITIES($5312+$4736+$7745)$ 17,793.00TOTAL STOCKHOLDER'S EQUITY15277.00$ 15,277.001.2NUMBER OF TIMES INTEREST CHARGES ARE EARNEDINCOME TAX+INTEREST EXPENSE$1192+$160$ 1,352.00INTEREST EXPENSE$ 160.00$ 160.008.5RATIO OF NET SALES TO ASSETSNET SALES45567.00$45,567AVERAGE TOTAL ASSETS - LONG TERM INVESTMENTS($33070+$33567)/2-$1527718,041.502.50RATE EARNED ON TOTAL ASSETSNET INCOME+INTEREST EXPENSE$2097+$160$ 2,257.00AVERAGE TOTAL ASSETS($33070+$33567)/233318.500.1RATE EARNED ON STOCKHOLDER'S EQUITYNET INCOME$ 2,097.00$ 2,097.00AVERAGE TOTAL STOCKHOLDER'S EQUITY($15277+$17398)/2$ 16,337.50$ 0.13RATE EARNED ON COMMON STOCKHOLDER'S EQUITYNET INCOME-PREFERRED DIVIDENDS$2097-$179.216$ 1,917.78AVERAGE COMMON STOCKHOLDER'S EQUITY($32+$32)/2$3259.9EARNINGS PER SHARE ON COMMON STOCKNET INCOME-PREFERRED DIVIDENDS$2097-179.216$1,918SHARES OF COMMON STOCK OUTSTANDING318-36.8281.2$6.82PRICE EARNING RATIOMARKET PRICE PER SHARE OF COMMON STOCK$6.82EARNINGS PER SHARE OF COMMON STOCK$6.821DIVIDEND PER SHAREDIVIDENDS ON COMMON STOCK$187$187SHARES OF COMMON STOCK OUTSTANDING318-36.8281.2$0.67DIVIDEND YIELDDIVIDENDS PER SHARE OF COMMON STOCK$1MARKET PRICE PER SHARE OF COMMON STOCK$6.820.15
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Sheet1Raul BurguenoSOLVENCY MEASUREMETHOD OF COMPUTATIONANSWER 201.docx
1. Sheet1Raul BurguenoSOLVENCY MEASUREMETHOD OF
COMPUTATIONANSWER 2015Industry averageWORKING
CAPITAL CURENT ASSETS – CURRENT
LIABILITIES$9,683–$5,312$ 4,371.00CURRENT
RATIOCURRENT ASSETS/CURRENT
LIABILITIES$9,683/$5,3121.80.52QUICK RATIOQUICK
ASSETS($9683-$522-$330)$ 8,831.00CURRENT
LIABILITIES$ 5,312.00$ 5,312.001.71.7ACCOUNT
RECEIVABLE TURNOVERNET
SALES$45,567$45,567AVERAGE ACCOUNT
RECEIVABLE($5460+$5044)/2$ 5,252.008.78.74NUMBER
OF DAYS SALES IN RECEIVABLESAVERAGE ACCOUNT
RECEIVABLE($5460+$5044)/2$ 5,252.00AVERAGE DAILY
SALES($45567/365)$ 124.8442.1INVENTORY
TURNOVERTURNOVERCOST OF GOODS
SOLD($16555+$8011+$2622)$ 27,188.00AVERAGE
INVENTORY($463+$457)/2$ 460.005972NUMBER OF DAYS
SALES IN INVENTORYAVERAGE
INVENTORY($463+$457)/2$ 460.00AVERAGE DAILY
COST OF GOODS SOLD$27188/365$ 74.496.2RATIO OF
FIXED ASSETS TO LONGTERM LIABILITIESFIXED
ASSETS$19,550$19,550LONG TERM
LIABILITIES($4736+$7745)$ 12,481.001.62.4RATIO OF
LIABILITIES TO STOCKHOLDER'S EQUITYTOTAL
LIABILITIES($5312+$4736+$7745)$ 17,793.00TOTAL
STOCKHOLDER'S EQUITY15277.00$ 15,277.001.2NUMBER
OF TIMES INTEREST CHARGES ARE EARNEDINCOME
TAX+INTEREST EXPENSE$1192+$160$ 1,352.00INTEREST
EXPENSE$ 160.00$ 160.008.5RATIO OF NET SALES TO
ASSETSNET SALES45567.00$45,567AVERAGE TOTAL
ASSETS - LONG TERM INVESTMENTS($33070+$33567)/2-
$1527718,041.502.50RATE EARNED ON TOTAL ASSETSNET
INCOME+INTEREST EXPENSE$2097+$160$
2,257.00AVERAGE TOTAL
2. ASSETS($33070+$33567)/233318.500.1RATE EARNED ON
STOCKHOLDER'S EQUITYNET INCOME$ 2,097.00$
2,097.00AVERAGE TOTAL STOCKHOLDER'S
EQUITY($15277+$17398)/2$ 16,337.50$ 0.13RATE
EARNED ON COMMON STOCKHOLDER'S EQUITYNET
INCOME-PREFERRED DIVIDENDS$2097-$179.216$
1,917.78AVERAGE COMMON STOCKHOLDER'S
EQUITY($32+$32)/2$3259.9EARNINGS PER SHARE ON
COMMON STOCKNET INCOME-PREFERRED
DIVIDENDS$2097-179.216$1,918SHARES OF COMMON
STOCK OUTSTANDING318-36.8281.2$6.82PRICE EARNING
RATIOMARKET PRICE PER SHARE OF COMMON
STOCK$6.82EARNINGS PER SHARE OF COMMON
STOCK$6.821DIVIDEND PER SHAREDIVIDENDS ON
COMMON STOCK$187$187SHARES OF COMMON STOCK
OUTSTANDING318-36.8281.2$0.67DIVIDEND
YIELDDIVIDENDS PER SHARE OF COMMON
STOCK$1MARKET PRICE PER SHARE OF COMMON
STOCK$6.820.15
