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Computations: Tab 4 - Problem 4 - Ratio Analysis - See requirements below: Orange You Glad Company Comparative Income Statements [000 s omitted] For the
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Tab 4 - Problem 4 - Ratio Analysis - See requirements below: Orange You Glad Company Comparative Income Statements [000 s omitted] For the Years Ended December 31, 2022 and 2021 \begin{tabular}{|c|c|c|c|} \hline & 2022 & 2021 & \multirow[t]{2}{*}{2020} \\ \hline Net Sales & 360 & 290 & \\ \hline Cost of Goods Sold & 255 & 172 & \\ \hline Gross Profit & & & \\ \hline Operating Expenses & 84 & 65 & \\ \hline Dperating lncome & & & \\ \hline Interest Expense & 10 & 12 & \\ \hline Income Before Income Taxes & & & \\ \hline Income Taxes & 4 & 16 & \\ \hline Net Income & $ & 25 & \\ \hline \multicolumn{4}{|c|}{ Drange You Glad Company } \\ \hline \multicolumn{4}{|c|}{ Comparative Balance Sheets (000 s omitted) } \\ \hline \multicolumn{3}{|c|}{ As of December 31,2022 and 2021} & \\ \hline Assets: & 1213112022 & 12/31/2021 & 12/31/2020 \\ \hline Current Assets & 48 & 110 & \\ \hline Property, Plant, and Equipment [net] & 285 & 245 & \\ \hline Total Assets & & 355 & 200 \\ \hline \multicolumn{4}{|l|}{ Liabilities and Stockholders' Equity: } \\ \hline Current Liabilities & 36 & 54 & \\ \hline Long-Term Liabilities & 175 & 123 & \\ \hline Total Liabilities & & & 66 \\ \hline Stockholders' Equity & 122 & 178 & \\ \hline Total Liabilities and Stockholders' Equity & & & 136 \\ \hline Common Stock: & 2022 & 2021 & \\ \hline Market Price Per Share at 12/31 & $19.80 & $28.40 & \\ \hline Cash Dividends Per Share & 2.80 & 2.20 & \\ \hline \end{tabular} Note use averages as available and required by the traditional textbook formulas Please show your computationsStep by Step Solution
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