Colorado State University Profitability Analysis Exercises Worksheet

Option #1: Profitability Analysis Exercises and Problems

Do the assigned problems using Summer Peebles, Inc.’s condensed 2014 financial data below:


Current Assets


Noncurrent Assets


Total Assets


Liabilities and Equity

Current Liabilities


Noncurrent Liabilities (8% Bonds)


Common Stockholders’ Equity


Total Liabilities and Equity


Additional Information:

Net income for 2014 is $157,500.

Income tax rate is 50%.

Amounts for total assets and shareholders’ equity are the same for 2013 and 2014.

All assets and current liabilities are considered to be operating.

Calculate Price

Price (USD)