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ACash, dividends wete paid at the rate of $1 per share in fiscat year 2025 and $2 per shase in fiscal vear 2026 (a) Compute

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ACash, dividends wete paid at the rate of $1 per share in fiscat year 2025 and $2 per shase in fiscal vear 2026 (a) Compute the following items for Nash Corporation. (Round answers to 2 decimal places, eg. 2.25 or 2.25\%) 1. Current ratio for fiscal years 2025 and 2026. 2. Acid-test (quick) ratio for fiscal years 2025 and 2026 . 3. Inventory turnover for fiscal year 2026. 4. Return on assets for fiscal years 2025 and 2026, (Assume total assets were $1,677,350 at 3/31/24. ) 5. Percentage change in sales cost of goods sold, goss margin, and net income after taxes from fiscal year 2025 to 2026 . "Cash. dividends were paid at the rate of $1 per share in fiscal vear 2025 and $2 per share in fiscal year 2026. 'Depreciation eturiges on the glant and equipment of $100,890 and $103,120 for fircal years ended March 31.2025 and 2026. respectively, are included incost af noods sold. (a) Compite the following ifem for Nash Corporation. (Round anowers to 2 decimal places, es. 2.25 or 2.25% ) 1. Currentratio for fisem wears 2025 and 2026 : 2. Aciatest fouich ratiofor fiscal years 2025 and 2026 1. Inventory tutnower for fiscal vear 2026 Nash Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% of the common stock, was one of the organizers of Nash and is its current president. The compary has been successful, but it currently is experiencing a shortage of funds. On June 10,2026, Daniel Brown approached the Topeka National Bank, asking for a 24-month extension on two $34.960 notes, which are due on June 30,2026, and September 30,2026. Another note of $6,030 is due on March 31,2027 , but he expects no difficuity in paying this note on its due date. Brown explained that Nash's cash flow problems are due primarily to the company's desife to finance a $299,210 plant expansion over the next 2 fiscal years through internally generated funds. The notes payable due at march 31,2025 are due prior to March 31,2026. The commercial loan officer of Topeka National Bank requested the following financial reports for the last 2 fiscal years. \begin{tabular}{|c|c|} \hline Percent Changes & Percent Increase \\ \hline Sales revenue & \\ \hline Cost of goods sold & \\ \hline Gross margin & \\ \hline Net income & \\ \hline \end{tabular}

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