Additional information for 2025:\ Net income was

$23,500

.\ Sales on account were

$400,000

. Sales returns and allowances amounted to

$21,000

.\ Cost of goods sold was

$200,000

.\ Net cash provided by operating activities was

$60,000

.\ Capital expenditures were

$35,000

, and cash dividends paid were

$10,000

.\ 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, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for\ calculation.)\ a. Current ratio\ b. Accounts receivable turnover\ times\ c. Average collection period\ days\ d. Inventory turnover\ times\ e. Days in inventory\ days

Additional information for 2025 : 1. Net income was $23,500. 2. Sales on account were $400,000. Sales returns and allowances amounted to $21,000. 3. Cost of goods sold was $200,000. 4. Net cash provided by operating activities was $60,000. 5. Capital expenditures were $35,000, and cash dividends paid were $10,000. 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, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.)