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Compue rates from balance sheets and income P18.2A (L03) The comparative statements of Wahlberg Company are presented here. Wallberg Company Income Statements For the Years

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Compue rates from balance sheets and income P18.2A (L03) The comparative statements of Wahlberg Company are presented here. Wallberg Company Income Statements For the Years Ended December 31 $1,890.540 1.058,510 832.000 500.000 332.000 $1.750.500 1.006.000 744.500 479,000 265500 Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses Interest expense Income before income taxes Income tax expense Net income 22.000 310.000 92.000 $218.000 2000 245500 73.000 S 172.500 Proble Wahlberg Company Balance Sheets December 31 Assets 2019 Current assets Cash $ 60.00 $ 64,200 Debt investments (short-term) 74.000 50.000 Accounts receivable 117.00 102,800 Inventory 126.000 115.500 Total current assets 377.900 332.500 Plant assets et 699.000 520-300 Total assets S1.00 6.900 5852.800 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 160,000 5145.400 Income taxes payable 43 500 Total current liabilities 203.500 187,400 Bonds payable 220.000 200,000 Total liabilities 387.400 Stockholders' equity Common stock (55 par) 300,000 Retained camnings 313.000 165.400 Total stockholders' quality 603.000 465.400 Total liabilities and stockholders' equity $1.006.900 $*$2.800 All sales were on account. Net cash provided by operating activities for 2000 was $220.000. Capital expenditures were $136,000, and cash dividends were 570.000 Instructions Compute the following ratios for 2000 a. Earnings per share b. Return on common stockholders equity. c. Return on assets. d. Current ratio. c. Accounts receivable turnover 1. Average collection period Inventory h. Dusini 1. Times interesteamed k. Detta Le cash flow

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