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Addicional information for 2025 2. Sales on account were $400,000. Sales returns and allowances amounted to $22,000. 3. Cost of goods sold was $210,000. 4.

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Addicional information for 2025 2. Sales on account were $400,000. Sales returns and allowances amounted to $22,000. 3. Cost of goods sold was $210,000. 4. Net cash provided by operating activities was $50,000. 5. Capital expenditures were $20,000, and cash dividends paid were $13,500. 6. The bonds payable are due in 2038. Compute the following ratios at December 31,2025. (Round current ratio and inventory turnover to 2 decimal places, eg. 1.83 answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) a. Currentratio 1 b. Accounts receivable turnover times c. Average collection period days d. Inventory turnover times e. Days in inventory days

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