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Additional information for 2025 : 1. Net income was $28,500. 2. Sales on account were $385,000. Sales returns and allowances amounted to $26,000 3. Cost
Additional information for 2025 : 1. Net income was $28,500. 2. Sales on account were $385,000. Sales returns and allowances amounted to $26,000 3. Cost of goods sold was $196,000. 4. Net cash provided by operating activities was $50,000. 5. Capital expenditures were $25,000, and cash dividends paid were $12,500. 6. The bonds payable are due in 2038 . Compute the following ratios at December 31,2025. (Round current nutio and imentory turnover to 2 decimal ploces, es: 1:83 and all other answers to 1 decimal place, eg. 18 . Use 365 days for calculation)
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