P2-6A Condensed balance sheet and income statement data for Sievert Corporation are presented here and on the next page.

QUESTION

P2-6A
Condensed balance sheet and income statement data for Sievert Corporation are
presented here and on the next page.

SIEVERT
CORPORATION Balance SheetsDecember 31
Assets 2012 2011
Cash $ 28,000 $ 20,000
Receivables
(net) 70,000 62,000
Other
current assets 90,000 73,000
Long-term
investments 62,000 60,000
Plant
and equipment (net) 510,000 470,000
Total
assets $760,000 $685,000
Liabilities
and Stockholders’ Equity
Current
liabilities $ 75,000 $ 70,000
Long-term
debt 80,000 90,000
Common
stock 330,000 300,000
Retained
earnings 275,000 225,000
Total
liabilities and stockholders’ equity $760,000 $685,000

SIEVERT
CORPORATIONIncome StatementsFor the Years Ended December 31

2012 2011
Sales $750,000 $680,000
Cost
of goods sold 440,000 400,000
Operating
expenses (including income taxes) 240,000 220,000
Net
income $
70,000 $ 60,000
Additional
information:
Cash
from operating activities $82,000 $56,000
Cash
used for capital expenditures $45,000 $38,000
Dividends
paid $20,000 $15,000
Average
number of shares outstanding 33,000 30,000

Compute
and interpret liquidity, solvency, and profitability ratios.(SO 2, 4, 5), AP

Instructions
Compute
these values and ratios for 2011 and 2012.
Earnings
per share.
Working
capital.
Current
ratio.
Debt
to total assets ratio.
Free
cash flow.

ANSWER:

REQUEST HELP FROM A TUTOR