[janemorales]

Accounts Payable $ 1,800
Accounts Receivable 5,475
Building 40,000
Cash 1,125
Capital Stock 20,000
Inventory 3,400
Land 10,000
Long-Term Notes Payable 27,000
Market Value of Equity 90,000
Net Income 7,000
Retained Earnings (ending) 5,000
Sales 100,000
Short-Term Notes Payable 2,300
Stockholders' Equity 25,000
Unearned Revenue 3,900

Use the information in the table above to compute the following ratios:
a. Debt Ratio L/A – 31,100/60,000=51%
b. Current Ratio CA/CL – 60,000/4100=14.63%
c. Return on Sales NI/Sales – 7000/100,000=7%
d. Asset Turnover Sales/FA – 100,000/54,525=1.83%
e. Return on Equity NI/Stockholders’ Equity – 7000/25,000=28%
f. Price-Earnings Ratio Market price per share/earnings per share -

Did I compute these ratios correctly? Please help me with P/E ratio - I am at a total loss

[Credendovidis]

There is a homework board for questions like this one...

;)

[morgaine300]

Answered over here:
https://www.askmehelpdesk.com/financ...os-221920.html