(Solved): Ratio Analysis Byers Company presents the following condensed income statement for 2019 and condens ...

Ratio Analysis Byers Company presents the following condensed income statement for 2019 and condensed December 31, 2019, balance sheet: 1. The company's common stock was outstanding the entire year. 2. Dividends of \( \$ 1.50 \) per share on the common stock were declared in 2019 , 3. On December 31,2019 , common stock is selling for \( \$ 20 \) per share. 4. On January 1,2019 , the accounts recelvable (net) balance was \( \$ 24,000 \), total assets amounted to \( \$ 380,000 \), and total shareholders' equity was \( \$ 241,000 \). 5. Of the company's net sales, \( 78 \% \) are on credit. 6. The company operates on a 365-day business year. Required On the basis of the preceding information, compute the following ratios for the Byers Company: (Round to two decimal places.) 1. Eamings per share: 2. Gross profit margin: 3. Operating profit margin: 4. Net profit margin: 5. Total asset turnover: 6. Return on assets (Round tax rate to the nearest whole percent in your intermediate calculations.) 7. Return on common equity 8. Receivables turnover (in days): (Round your intermediate calculation to two decimal \( x \% \) \( \checkmark \% \) places.) 9. Interest coverage: (in times) times