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-Latu Start 2020 Rana jakou & 10/15/20 3:27 PM Homework: Week One: Chapter 17 Homework Problems Save 4 of 53complete HW Score: 48.62%, 7.29 of 15 pts Score: 0 of 3 pts PF17-27A (similar to) Compar Wive financial statement data of Harfield, Inc. follow Click the icon to view the income statement.) (Click the loon to view the balance sheet) Question (Click the icon to Balance Sheet Read the resuirements Cash $ Requirement la compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio Income Statement 95.000 $ 107.000 143.000 1400 92.000 115,000 5 103.000 165,000 200 000 7.000 Current Requirements 379 000 359000 218 000 174000 Accounts Receivables, Net Merchandise Inventory Prepaid Expenses Total Current Assets Property. Plant, and Equipment, Net Total Assets Liabilities Total Current Liabile Long-term Liabilities Total Liabilities $ $77,000 $ 563.000 500.000 $ 229.00 $ 27.000 119.000 100 000 Inventory tumowe Hanfeld, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2004 2033 Net Sales Revenue $ 458.000 $ 426.000 Cost of Goods Sold 240.000 217 000 Gross Profit 210.000 200.000 Operating Expenses 133.000 131,000 Income From Operations 65.000 8.000 Interest Expense 9,000 11,000 Income Before Income Tax 78,000 67.000 21,000 25.000 Income Tax Expense $ 55.000 $ 42.000 Net Income 348.000 Compute the following ratios for 2024 and 2023 Current ratio b. Cash ratio c. Times interesteamed ratio d . Gross profit percentage 1. Debt to equity 9. Rate of return on common stockholders' equity h. Earnings per share of common stock Price amings ratio Decide (a) whether Harfield's ability to pay debts and to sell inventory improved or deteriorated during 2024 and whether the investment attractiveness of common stock appears to have increased or decreased 347 000 Stockholders' Equity Preferred Stock. 3% Common Stockholders' Equity, no par 104 000 125.000 104.000 102.000 89.000 $ b 550.000 Total Liabilities and Stockholders' Equity Done Print Done Print Done 19 puta remaining MacBook Pro 888 % 5 6 8 7 9 3 4 R