Use the following partial financial statement information below to calculate the liquidity and profitability ratios. This information can be used to correctly solve each of the ratios below.
Average common shares
10,000
Current liabilities
$100,000
Capital expenditures
$20,000
Net income
$ 21,000
Cash provided by operations
$28,000
Net sales
$150,000
Common stock dividends paid
$5,000
Total liabilities
$105,000
Current assets
$150,000
Total assets
$175,000
Instructions: Compute the following:
(a) Current ratio.
(b) Working capital.
(c) Earnings per share.
(d) Debt to total assets ratio.
(e) Free Cash Flow