# Financial and Managerial Accounting: P15-41 Assuming Daniels Consulting's net income for the year

**Financial and Managerial Accounting**

**P15-41 Using ratios to evaluate a stock investment**

This problem continues the Daniels Consulting situation from Problem P14-46 of Chapter 14.

Assuming Daniels Consulting's net income for the year was $90,537 and knowing the current market price of Daniels's stock is $200 per share, calculate the following ratios for 2017 for the company:

a. Current ratio

b. Cash ratio

c. Debt ratio

d. Debt to equity ratio

e. Earnings per share

f. Price/earnings ratio

g. Rate of return on common stockholders' equity

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