Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(a) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share

(a) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

(i) Working capital. (2021: $160,500)
(ii) Current ratio. (2021: 1.65:1)
(iii) Free cash flow. (2021: $48,700)
(iv) Debt to assets ratio. (2021: 31%)
(v) Earnings per share. (2021: $3.15)

(i)

Working capital

$enter a dollar amount

(ii)

Current ratio

enter amount rounded to 2 decimal places

:1
(iii)

Free cash flow

$enter a dollar amount

(iv)

Debt to assets ratio

enter percentages rounded to 1 decimal place

%
(v)

Earnings per share

$enter a dollar amount rounded to 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding And Auditing Corporate Culture A Maturity Model Approach

Authors: Angelina K. Y. Chin, CIA, CRMA, CPA

1st Edition

1634540719, 978-1634540711

More Books

Students also viewed these Accounting questions

Question

identify current issues relating to equal pay in organisations

Answered: 1 week ago