Solve for the following ratios
Times Interest Earned
EPS = Net Income/Weighted Average common shares
47900/34000 = 1.40(rounded)
Price Earnings = Price per share/EPS
16/1.40 = 11.4(rounded)
Payout ratio = Dividend / Net income
32000/47900 = 0.668 or 67%(rounded)
Times Interest Earned ...
The solution gives the formula and solves the following ratios: payout ratio, EPS, Times Interest earned, recivables turnover, Inventory turnover, ROE, ROA, return on equity, return on assets, total assets from ROA, net income from ROE.