Help with Ratio analysis 10 points best answer please?

Answers:0   |   LastUpdateAt:2012-08-13 17:58:36  

Question
Yellow Bird
Asked at 2012-08-13 17:58:36
Alamo Incorporated has a credit line from Bank of the National Down South is scheduled to be renewed on February 1 . Balance below
Alamo Rent Incorporated ear Statement December 31
Income:
Sales $ 60,000
Further 4,500
Total revenues 64,500
Expenses:
Cost of sales 40.500
Selling and administrative 11.625
Depreciation and amortization 1.875
Interest expense 1,500
Total expenses 55,500
Income before taxes 9,000
Income taxes 3,600
Net income 5,400
Less: dividends of C / S ( $ 3.86 per share ) 2550
Net income added to R / E 2850
Retained earnings at beginning of year 8550
Retained earnings, end of year $ 11,400
Earnings per share $ 8.18
Alamo IncorporatedBalance SheetAs December 31 (thousands
This
year last year assets
Current assets :
Cash and marketable securities $ 1,950 $ 1,575
Accounts receivable , net 3,600 3,750
Inventories 4875 4650
Prepaid items 375 225
Total current assets 10,800 10,200
Non-current assets :
Investments at a cost
7950 7950 Deposits 750 600
Property, plant and equipment 21.000 19.500
Total assets $ 40,500 $ 38,250
Liabilities and Shareholders
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