A. How many shares of common stock does this corporation have?
B. How many shares of Preferred stock does this corporation have?
C. What is the total dividend that will be paid for Preferred stock?
D. If the Preferred stock listing stated $3 instead of 3% would that change the total dividend amount? Why? 2.
Balance Sheet:
Cash
2010: $27000
2009: $33000 Short-term investments
2010: 22000
2009: 28000 Net receivables
2010: 54000
2009: 72000 Inventory
2010: 65000
2009:42000 Prepaid expenses
2010: 7000
2009: 9000 Total current assets
2010: 175000
2009: 184000 Total current liabilities
2010: 87500
2009: 92000 Income Statement: Net credit sales
$554800
Cost of goods sold
331700 1. What is the current ratio for 2010?
2. What is the quick ratio for 2010?
3. What is the inventory turnover for 2010?
4. What is the accounts receivable turnover for 2010?
Please show all your work not just the answer.