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Can you please help me out filling this out for my accounting class. Current Attempt in Progress Condensed balance sheet and income statement data for
Can you please help me out filling this out for my accounting class.
Current Attempt in Progress Condensed balance sheet and income statement data for Oriole Company are presented as follows. Oriole Company Balance Sheets December 31 Assets 2022 2021 Cash $28.400 $ 20,800 Receivables (net) 77,000 61.500 Other current assets 67,100 53,700 Long-term investments 62,200 61,000 Property, plant, and equipment (net) 610,000 488.000 Total assets $ 844,700 685,000 Liabilities and Stockholders' Equity Current liabilities $ 75,000 $ 68,000 Long-term liabilities 84,500 96,000 Common stock 333,000 298,500 Retained earnings 352,200 222,500 Total liabilities and stockholders' equity $ 844,700 $685,000 Oriole Company Income Statements For the Years Ended December 31 2022 2021 Sales revenue $775,940 $674,200 Cost of goods sold 448,000 401,000 Operating expenses (including income taxes) 256,000 218,000 Net income $ 71,940 $ 55,200 Additional information: Net cash provided by operating activities $88,400 $60,000 Cash used for capital expenditures $39,500 $41,000 Dividends paid $30,000 $13,000 Weighted average common shares outstanding 33,000 30,000 Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, eg. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, eg. 15.2. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) 2022 2021 (a) Earnings per share. $ $ $ ( (b) Working capital $ $ (c) Current ratio. .1 :1 (d) Debt to assets ratio. % % (e) Free cash flow. $ $Step by Step Solution
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