(Solution) - Blue Stone Corporation reported these figures Blue Stone has 3 000 shares -(2025 Original AI-Free Solution)

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Blue Stone Corporation reported these figures:

Blue Stone has 3,000 shares of common stock outstanding. Its stock has traded recently at $28.90 per share. You would like to gain a better understanding of Blue Stone's financial position. Calculate the following ratios for 2012 and interpret the results:
a. Inventory turnover
b. Days' sales in receivables
c. Acid-test ratio
d. Times-interest-earned
e. Return on stockholders' equity
f. Earnings per share
g. Price/earnings ratio