Chapter 13 HW Question 9 of 11 Ivanhoe Company has these comparative balance sheet data IVANHOE COMPANY Balance Sheets December 31 2022 2021 Cash $ 13,950 $ 27,900 Accounts receivable (net) 65,100 55,800 Inventory 55,800 46,500 Plant assets (net) 186,000 167,400 $320,850 $297,600 Accounts payable $ 46,500 $ 55,800 Bonds payable (15%) 93,000 93,000 Common stock, $10 par 130,200 111,600 Retained earnings 51,150 37,200 $320,850 $297,600 Additional information for 2022: Question 6 Accounting Dropdown 17 Core 1. 2. Question 7 Accounting Dropdown 0.27 Partially corre 3. Net income was $30,500. Sales on account were $393,100. Sales returns and allowances amounted to $28,000. Cost of goods sold was $207,600. Net cash provided by operating activities was $57,200. Capital expenditures were $29,300, and cash dividends paid were $15,200. 4. 4 Question 8 Accounting Dropdown 01 x Income 5. 6. The bonds payable are due in 2035. Viewing Question 9 Accounting Dropdown Norstand Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimal places, eg. 1.83. Round accounts receivable turnover, average collection period, inventory turnover and days in inventory to 1 decimal place, e.g. 1.8. Use 365 days for calculation. Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses es (45).) Question 10 Accounting Dropdown 0.257 Party + Chapter 13 HW > Question 9 of 11 Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimal p Round accounts receivable turnover, average collection period, inventory turnover and de decimal place, s. 1.8. Use 365 days for calculation, Enter negative amounts using either preceding the number es 15 or parentheseses (451) a) Current ratio 11 22 Accounts receivable turnover. times Average collection period days d) Inventory turnover. times el Days in Inventory days on Free cash flow e Textbook and Media Attempts of used Ma ese 20 DO Dove Ne 2 # 3 $ 4 % A und 6 Q W E E R T S D F G