(Solution) - The comparative statements of Larker Tool Company are presented below -(2025 Original AI-Free Solution)

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The comparative statements of Larker Tool Company are presented below.

All sales were on account.
Instructions
Compute the following ratios for 2014. (Weighted-average common shares in 2014 were
60,000.)
(a) Earnings per share.
(b) Return on common stockholders? equity.
(c) Return on assets.
(d) Current.
(e) Acid-test.
(f) Receivables turnover.
(g) Inventory turnover.
(h) Times interest earned.
(i) Asset turnover.
(j) Debt to totalassets.