Color legend

All numerical answers

Line item descriptions

P13-3A

BOWDEN CORPORATIONIncome Statement

For the Year Ended December 31

Operating Income

Earnings per share of Common Stock

P13-3B

GARNER CORPORATIONIncome Statement

For the Year Ended December 31

Operating Income

Earnings per share of Common Stock

P13-4A

a.Trend Percentages

Year 1 Year 2 Year 3 Year 4 Year 5

Net sales Net income Total assets

b.Return on Sales

P13-4B

Net Sales of Automotive Products - Trend PercentagesYear 1 Year 2 Year 3 Year 4 Year 5

Ford Motor CompanyGeneral Motors Corporation

Net Sales - Trend PercentagesYear 1 Year 2 Year 3 Year 4 Year 5

Pfizer IncAbbott Laboratories

P13-6A

a.2013 2012

Current ratio:Quick ratio:Operating-cash-flow-to-current-liabilities ratio:Inventory turnover:Debt-to-equity ratio:Times-interest-earned ratio:Return on assets:Return on common stockholders' equity:

b.Common-Size Percentages

2013 2012

Sales revenueCost of goods sold

Gross profit on sales Selling and administrative expenses Income before interest expense and income taxes Interest expense Income before income taxes Income tax expense Net income

P13-6B

a.2013 2012

Current ratio:Quick ratio:Operating-cash-flow-to-current-liabilities ratio:Inventory turnover:Debt-to-equity ratio:Times-interest-earned ratio:Return on assets:Return on common stockholders' equity:

b.Common-Size Percentages

2013 2012

Sales revenueCost of goods sold

Gross profit on sales Selling and administrative expenses Income before interest expense and income taxes Interest expense Income before income taxes Income tax expense Net income

P13-9A

a.Using the given data, calculate items 1 through 8 below for 2013 for Packard Plastics, Inc. Round to two decimal points.

Median Ratios forManufacturers of Plastic and Ratios for

Synthetic Products Packard Plastics1 Quick ratio 1.2 2 Current ratio 1.9 3 Accounts receivable turnover 7.9 4 Inventory turnover 7.8 5 0.95 6 Gross profit percentage 32.7%7 Return on sales 3.5%8 Return on assets 6.3%

b. Calculate the dividends paid per share of common stock. What was the dividend payout ratio?

c.The dividend yield?

Debt to equity ratio‑ ‑

If the most recent price per share of common stock is $47.75, what is the price earnings ratio?‑

P13-9B

a.

Using the given data, calculate ratios 1 through 8 for 2013 for Avery Insruments, Inc. Round to two decimal points.

Median Ratios forManufacturers of Measuring Ratios for

and Controlling Instruments Packard Plastics1 Quick ratio 1.2 2 Current ratio 2.4 3 Accounts receivable turnover 5.9 4 Inventory turnover 3.5 5 0.73 6 Gross profit percentage 42.8%7 Return on sales 4.5%8 Return on assets 7.6%

b. Calculate the dividends paid per share of common stock. What was the dividend payout ratio?

c. If the most recent price per share of common stock is $62.25, what is the price-earnings ratio?The dividend yield?

Debt to equity ratio‑ ‑