Brill Corporation has provided the following financial data:
| Year 2 | Year 1 |
|---|
| Total assets | $ 1,360,000 | $ 1,320,000 |
|---|
| Total liabilities | $ 601,000 | $ 570,000 |
|---|
| Common stock, $2 par value | $ 140,000 | $ 140,000 |
|---|
| Total common stockholders' equity | $ 759,000 | $ 750,000 |
|---|
| Income Statement |
| For the Year Ended December 31, Year 2 |
| Sales (all on account) | $ 1,300,000 |
|---|
| Cost of goods sold | 900,000 |
|---|
| Gross margin | 400,000 |
|---|
| Operating expenses | 364,143 |
|---|
| Net operating income | 35,857 |
|---|
| Interest expense | 20,000 |
|---|
| Net income before taxes | 15,857 |
|---|
| Income taxes (30%) | 4,757 |
|---|
| Net income | $ 11,100 |
|---|
Dividends on common stock during Year 2 totaled $2,100. The market price of common stock at the end of Year 2 was $2.32 per share.
Required:
a. What is the company’s times interest earned ratio for Year 2?
b. What is the company’s debt-to-equity ratio at the end of Year 2?
c. What is the company’s equity multiplier at the end of Year 2?
d. What is the company’s net profit margin percentage for Year 2?
e. What is the company’s gross margin percentage for Year 2?
f. What is the company’s return on total assets for Year 2?
g. What is the company’s return on equity for Year 2?
h. What is the company’s earnings per share for Year 2?
i. What is the company’s price-earnings ratio for Year 2?
j. What is the company’s dividend payout ratio for Year 2?
k. What is the company’s dividend yield ratio for Year 2?
l. What is the company’s book value per share at the end of Year 2?
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