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Comparative financial statement data for Blossom Corporation and Pins Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022 Blossom
Comparative financial statement data for Blossom Corporation and Pins Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022 Blossom Corporation Pina Corporation 2022 2022 Net sales $ 2.232.000 $ 768.800 Cost of goods sold 1.457.000 421,600 Operating expenses 350.920 121.520 Interest expense 11.160 4,712 Income tax expense 105,400 44.640 Current assets 460,561 192317 Plant assets (net) 659,680 173.263 82243 41.808 Current liabilities 134 540 50 448 Long-term liabilities Compute working capital and the current ratios for each company for 2022. (Round current ratio to 1 decimal place, es. 07:1) Working Capital Current Ratio Blossom Corporation $ 1 Pina Corporation $ -1
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