30. On the Statement of Cash Flows, which financing activity caused the largest increase in cash DURING 2022? The largest decrease? Companies use ratios to express relationships between items on the Financial Statements, these ratios can identify or highlight important financial results. For the next questions, you are asked to compute various ratios for Columbia Sportswear Company. Some of these ratios have already been discussed in class; others will be new to you, Formulas are provided to help you with these calculations. Note that whenever a formula asks for an average amount (such as average assets), add the beginning of the year amount (which is the same as the ending amount last year) and the end of the year amount, then divide the total by 2. Calculate the following ratios for Columbia Sportswear Company for FY 2022: 31. working capital 1,398,223 32 current ratio current assets-current liabilities 2.89 current assets current liabilities 33. quick ratio cash short-term securities + net accounts receivables current liabilities 34. accounts receivable net sales revenue turnover average net AR 35 days sales in Receivables average.net AR net sales revenue/365 36. inventory turnover cost of goods sold average inventory 37. asset turnover return on common 38. equity 39. debt to equity ratio net sales revenue Average total assets net income (loss) preferred dividends. (see note below) average common stockholders' equity total liabilities total stockholders' equity 40. gross profit percentage gross profit Net sales revenue 8. Assets: On the balance sheet, at the end of 2022, what amount does Columbia Sportswear Company report for (a) current assets? (b) total assets? 9. Current assets make up what percentage of total assets? 10. What is the largest, current asset shown on the balance sheet? What is the largest, non-current asset shown on the balance sheet?