Scribd Logo
Upload

Welcome to Scribd!

  • Llagas 03 Laboratory Exercise 1

    Uploaded by

    Angela Fye Llagas
    5 views2 pages
    The document reports key financial metrics for a company in 2018 and 2017, including basic and diluted earnings per share, current and debt ratios, and return on equity. Basic earnings per share increased from $7.72 in 2017 to $9.65 in 2018. The current ratio was slightly higher in 2017 at 1.39 compared to 1.25 in 2018, while the debt ratio and return on equity were similar between the two years, ranging from 0.5257 to 0.5616 for debt ratio and 0.1722 to 0.1743 for return on equity.

    Original Description:

    intermediate accounting 3

    Original Title

    Llagas_03_Laboratory_Exercise_1(2)

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document reports key financial metrics for a company in 2018 and 2017, including basic and diluted earnings per share, current and debt ratios, and return on equity. Basic earnings per share increased from $7.72 in 2017 to $9.65 in 2018. The current ratio was slightly higher in 2017 at 1.39 compared to 1.25 in 2018, while the debt ratio and return on equity were similar between the two years, ranging from 0.5257 to 0.5616 for debt ratio and 0.1722 to 0.1743 for return on equity.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views2 pages

    Llagas 03 Laboratory Exercise 1

    Uploaded by

    Angela Fye Llagas
    The document reports key financial metrics for a company in 2018 and 2017, including basic and diluted earnings per share, current and debt ratios, and return on equity. Basic earnings per share increased from $7.72 in 2017 to $9.65 in 2018. The current ratio was slightly higher in 2017 at 1.39 compared to 1.25 in 2018, while the debt ratio and return on equity were similar between the two years, ranging from 0.5257 to 0.5616 for debt ratio and 0.1722 to 0.1743 for return on equity.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    A. Basic earnings per share for 2018 F.

    Current Ratio 2017


    Net income 10,490,584
    Basic Shares Outstanding 1,087,000
    Basic earnings per share 9.65

    B. Basic earnings per share for 2017 G. Debt Ratio 2018


    Net income 8,339,510
    Basic Shares Outstanding 1,080,000
    Basic earnings per share 7.72

    C. Diluted earnings per share for 2018 H. Debt Ratio 2018


    Net income after tax 7,771,335
    Diluted Shares Outstanding 1,103,000
    Diluted earnings per share 7.05

    D. Diluted earnings per share for 2017 I. Return on Equity 2018


    Net income after tax 6,672,582
    Diluted Shares Outstanding 1,095,000
    Diluted earnings per share 6.09

    E. Current Ratio 2018 J. Return on Equity 2018


    Current Assets 42,738,201
    Current Liabilities 34,184,527
    Current Ratio 1.25
    F. Current Ratio 2017
    Current Assets 37,328,920
    Current Liabilities 26,946,840
    Current Ratio 1.39

    G. Debt Ratio 2018


    Total Liabilities 63,933,671
    Total Assets 113,851,822
    Debt Ratio 0.5616

    H. Debt Ratio 2018


    Total Liabilities 47,201,916
    Total Assets 89,783,895
    Debt Ratio 0.5257

    I. Return on Equity 2018


    Net Income 8,329,884
    Shareholder's Equity 48,363,550
    Return on Equity 0.1722

    J. Return on Equity 2018


    Net Income 7,109,120
    Shareholder's Equity 40,782,635
    Return on Equity 0.1743

    You might also like