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ANSWER ALL PARTS The comparative statements of Swifty Company are presented here. All sales were on credit. Net cash provided by operating activities for 2022
ANSWER ALL PARTS
The comparative statements of Swifty Company are presented here. All sales were on credit. Net cash provided by operating activities for 2022 was $208,000. Capital expenditures were $124,000, and cash dividends paid were $75,609. Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.)Step by Step Solution
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