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1. Net income was $24,700. 2. Sales on account were $410,800. Sales returns and allowances amounted to $20,800. 3. Cost of goods sold was $201,600.
1. Net income was $24,700. 2. Sales on account were $410,800. Sales returns and allowances amounted to $20,800. 3. Cost of goods sold was $201,600. 4. Netcash provided by operating activities was $44,700. 5. Capital expenditures were $25,600, and cash dividends paid were $9,200. 6. The bonds payable are due in 2035 . Compute the following ratios at December 31,2022 . (Round current ratio to 2 decimal places, eg. 1.67. Round Accounts receivable tumover, Average collection period, Inventory turnover and Days in inventory to 1 decimal place, e.8. 1.6.)
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