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8.5 Current Attempt in Progress The comparative statements of Cullumber Company are presented here. Liabilities and Stockholders' Equity. Current liabilities Stockholders' equity All sales were
8.5
Current Attempt in Progress The comparative statements of Cullumber Company are presented here. Liabilities and Stockholders' Equity. Current liabilities Stockholders' equity All sales were on credit. Net cash provided by operating activities for 2025 was $286,000. Capital expenditures were $176,800, and cash dividends paid were $83,960. Compute the following ratios for 2025. (Round Debt to asset ratio and Free cash flow to 0 decimal places, eg. 15 or 15%, Earnings per share, Return on assets, Current ratio and Asset turnover to 2 decimal places, e.g. 1.83 or 1.83% and all other answers to 1 decimal place, e.g. 1.8 or 1.8\%. Use 365 days for calculations.)Step by Step Solution
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