Use the financial statements for Bernard Company from Problem 9-22 to calculate the following
for 201 2 and 201 1 .
a. Working capital
b. Current ratio
c. Quick ratio
d. Accounts receivable turnover (beginning receivables at January 1 , 201 1 , were $47,000)
e. Average number of days to collect accounts receivable
f. Inventory turnover (beginning inventory at January 1 , 201 1 , was $1 40,000)
g. Average number of days to sell inventory
h. Debt to assets ratio
i. Debt to equity ratio
j. Times interest earned
k. Plant assets to long-term debt
l. Net margin
m. Asset turnover
n. Return on investment
o. Return on equity
p. Earnings per share
q. Book value per share of common stock
r. Price-earnings ratio (market price per share: 201 1 , $1 1 .75; 201 2, $1 2.50)
s. Dividend yield on common stock