Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

cash dividends paid ware $ 9 0 , 4 2 8 . Compute the fallowing ratiss for 2 0 2 2 . ( Round Earnings

cash dividends paid ware $90,428.
Compute the fallowing ratiss for 2022.(Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, eg.1.65 or 1.65:1,
and all ather answers to 1 decimal place, eg.6.8 or 6.8%. Use 365 days for calculation.)
(a)
$
(b) Return on comman stockholders' equity
%
(c) Return on assets
%
(d) Current ratio
:1
(c) Accounts receivable turnover
times
(f) Avarage collection period
days
(a) Invantory turnover
times
(h) Days in inwentory
days
(i) Times intersst earnad
times
(i) Bsset turnower
times
(k) Debt to assets ratio
%
(1) Fres cash flow
eTextbook and MedlaCurrent Attempt in Progress
The comparative stataments of Aramble Company are presentsd hare.
All sales ware on cradit. Net cash providad by oparating activities for 2022 was $228,000. Capita
cash dividends paid wars $90,42B.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Corporate Reporting Global And Diverse

Authors: Pauline Weetman, Ioannis Tsalavoutas, Paul Gordon

5th Edition

1138364991, 9781138364998

More Books

Students also viewed these Accounting questions